Society REGISTRATION
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Society Registration
What is Society Registration?
Society registration is for those societies that are working for the welfare of the general public with an agenda that will bring out the best in Society. Registration is important to gain legal status. It is a non-commercial organization with a minimum of 7 people and a maximum of 10. They are involved in some scientific, literary, or charitable endeavours in order to bring out the best in Society. It will be registered under section 20 of the Society’s registration act of 1860. There it is subscribed to a memorandum of association, and the same will be registered with the registrar.
Typically, there are two types of societies: national and state level. 7 people come together and form the Society, and the rest depends on how many people join them out. There is a particular process for registration that needs to be followed to gain all the legal permissions.
The procedure for forming a society in India is as follows:
In order to start your business with such an entity, you need to go through the process of Society REGISTRATION incorporation. Once you are successful with the process, you will get to enjoy the perks of a Society registration that includes the following:
Step 1: Selection of a name:
In the very first place, it is important to finalise the name of the Society. Check that it is in accordance with the Society Act of 1860. It must follow all the rules and regulations of the state government and the government of India. If it is not according to the rules and regulations, the registration process will be terminated.
Step 2: Memorandum of association:
The Memorandum of Association of a Society includes different aspects, including the name of the Society, functions of the Society, the registered office of the Society, and other details of the members and council of the governing body. These are important for finalising the rules and regulations and the registration process.
Step 3: Rules and regulations:
Make sure to present a proper set of rules and regulations considering the Society's registration. These must include the constitution of the Society, termination of the member, membership and subscription. These rules will be applicable to all the members of the Society.
Step 4: Filing an application for society registration
After fulfilling the above-mentioned requirements, there is a registration form for society registration that will be submitted to the prescribed authority of the state. Visit the registered office of the Society and submit it.
Step 5: PAN, TAN, and bank account information:
After the registration is completed, you will be provided with a PAN number and TAN, and thereafter, you can look forward to opening a bank account. This is important for collecting the membership fees, donations, and subscription charges as well. At Legal Times, we are coming up with first-class facilities, so don't worry about anything because we are always here to help you start your business and get the registration done seamlessly.
Benefits
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Documents Required
PAN CARD
Need Pan Card of all Shareholders and Directors, Foreign Directors must be required a valid Passport with validated or apostilled
PHOTOGRAPH
Updated Passport size photos of all Participators / Shareholders and Directors.
IDENTITY PROOF
Need identity proof: - Aadhar Card/ Voter ID/Passport/ Driving License of all Shareholders and Directors.
SIGNED DECLARATIONS FROM PARTNERS
Signed M0A & Copy of Rules and Regulation of the Society
FOR REGISTERED OFFICE
Rent agreement
Valid Rent agreement, Utility bills:- telephone bill, electricity bill, and municipal (It should be last 2 Months) NOC From Owner.
NOC From Owner.
Post Company Registration Requirements?
Once the Company registration is completed, you have to take the necessary steps in order to make a strong presence in the industry.
Get a free consultation for Private Limited Company registration by scheduling an appointment with Legal Time.