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If you are running an NGO, then you would find yourself in a constant need for donations, even foreign ones. However, foreign donations have a lot of string attached to them. Therefore, they need proper evaluation first before you can use that money to work towards the welfare of society. In order to enable this evaluation and avail yourself with the donation from beyond the nation, you need FCRA registration.
The Foreign Contribution Regulation Act of 1976 is the rule that governs these types of donations and through this blog; you are going to know the Eligibility to get this registration and how to apply to get it.
Eligibility of FCRA registration
Following are the conditions that make you optimal to apply for FCRA registration:
Wait for the FCRA registration process to go through: After your submission of the application, it can anywhere from 3 to 7 days for the authorities to process that application and give you the registration.
These simple steps shall ensure that your applications are registered.
Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.