FCRA refers to Foreign Contribution Regulation Act. NGOs require this form of registration in order to ensure that they can receive contributions from foreign countries with some tax exemptions. The demand for this particular registration has increased with the increased need to provide for the welfare of the society and for the poor.
However, did you know that there are two types of FCRA registration? This blog is going to discuss these types and their eligibility.
The two types of FCRA registration are as follows:
With FCRA registration on its side, a section 8 company/NGO/public trust can reach out to international bodies like the following for donations:
Now, that you know that there are two types of FCRA registration. Which one would you like to opt for? Whatever you choose, just remember-Registrationwala is here to aid you through the entire process and can avail you this registration at an affordable price.