Corporate Social Responsibility (CSR) registration is a crucial process for Non-Governmental Organizations (NGOs) to receive funding from companies mandated to allocate 2% of their average net profits over the preceding three years toward social initiatives. Introduced in India in 2013, CSR rules require eligible companies to financially support NGOs engaged in charitable activities. The registration process involves filing e-form CSR-1, which must be verified by a practicing professional (CA, CS, or CMA) to ensure compliance with the Companies Act, 2013.
Eligibility Criteria for CSR Registration
- Companies: Must be established under Section 8 of the Companies Act or exempted under specific clauses of Section 10(23C) and approved under Section 80G of the Income Tax Act (1961).
- Public Trusts: Should be registered and exempted under specific clauses of Section 10(23C) and approved under Section 80G of the Income Tax Act (1961).
- Registered Societies: Must meet the same criteria as public trusts for exemptions and approvals.
- Other Entities: Established by the Central or State Government under a specific Act.
Stepwise Process for CSR Registration Online
- Contact CSR Registration Experts:
- Document Preparation: Get assistance in resolving queries and preparing necessary documents.
- Document Submission and Payment: Submit required documents and pay the applicable package fee.
- Application Submission: Experts will submit your application on your behalf.
- Receive Certificate: Upon approval, the CSR Registration Certificate will be delivered to your email.