FCRA (Foreign Contribution Regulation Act) registration is a legal requirement for organizations that wish to receive foreign donations or contributions in India. The Act ensures that foreign contributions do not adversely affect national interest and are used for legitimate purposes such as promoting charitable, cultural, educational, or social welfare activities. FCRA registration allows entities to accept foreign funds legally and ensures compliance with Indian laws.
To be eligible for FCRA registration, organizations must meet the following criteria:
Audited Financial Statements for the last three years.
Non-profit organizations, NGOs, trusts, and societies working in sectors like health, education, social welfare, arts, and culture are eligible for FCRA registration.
The process is online through the FCRA website. Applicants need to create an account, fill out the application form, upload necessary documents, and pay the registration fee.
FCRA registration is valid for 5 years. Renewal applications must be submitted at least 12 months before the registration expires.
If an organization has been engaged in continuous activities, it can apply for renewal at least 6 months before the expiry of the registration.
Non-compliance can lead to penalties, cancellation of registration, or disqualification from receiving foreign contributions.
No, only organizations with valid FCRA registration are allowed to legally accept foreign contributions in India.