FCRA Registration Renewal
100000+
Happy Customer
100+
CA & Lawyers
10+
Offices
WhizSeed made our company registration a breeze! Their expert guidance and efficient process saved us time and effort. Highly recommended for startups!
- Aman Gupta
Choosing WhizSeed for our NBFC needs was a game-changer. Their in-depth knowledge and personalized solutions ensured a smooth and compliant operation.
- Akash Yadav
WhizSeed's compliance services have been a lifesaver for our business. They keep us on the right side of the law, allowing us to focus on growth with confidence.
- Sonam Malhotra
Rated at 4.9 By 50000 + Customers Globally
Our experts will help you with documentation
Then we will file the Incorporation file and submit
Once all the steps completed, you will get Renewal Certificate.
khushi Online
Expertise in FCRA Registration Renewal
In order to maintain the proper foreign donation records of the NGOs, this FCRA registration has been done under the Foreign Contribution Regulation Act. As per this law FCRA registration is mandatory for all the NGOs who are getting donations from foreign. Also this registration needs to be renewed from time to time as it is not a one time certification. The renewal application should be made before the Central Government. This application can be made online with the help of the FCRA official website through Form FC-3C.
Always keep in mind that the application for the renewal must be filed before six months of the expiry date. The validity period of this registration under the new Foreign Contribution Regulation Act of 2010 is 5 years. Hence the application for the renewal has to be submitted prior six months to the actual date of expiry. The current FCRA portal allows us to further file an application for the said renewal through Form FC-3C even a year before the expiry as well.
FCRA registration ceases to exist if such registration is not renewed within the prescribed time limit. Once the registration ceases then the NGO neither can get further donations from the foreign nation nor can they use the already existing donation amount which came from the foreign nations. This is the situation where you are stuck as an organization if your contribution mostly comes from foreign. Hence in order to protect your organization against any such situation make sure to get this renewal done within the prescribed time limit. In the following Situation it will be considered that your registration is not renewed:
With reference to Rule 6A, the amount for the foreign contribution that remains unutilised in the particular FCRA accounts of a person whose registration certificate will be deemed to have ceased under sub-rule (6), as well as any assets formed from the foreign contribution, must vest with the specified authority under the Act until the certificate is renewed or a new registration is issued by the Central Government. Rule 6 handles the circumstance in which an application for renewal is not submitted before the certificate expires, or when an application is submitted but not accompanied by the requisite fees.
The recent amendment which was made on 29th September 2020 with respect ot the FCRA Act, the procedure for inquiry can be made by the central government for the compliance of Section 12 (4) before the FCRA renewal and also Section 12(4) stands to provide the verification that is to be made at the time of granting of registration. A similar inquiry can also be made by the government. Thus this amendment has become similar to the process of registration.
The documents required are as follows:
The procedure to be followed for FCRA renewal is mentioned below:
There is a possibility that NGOs might sometimes forget the expiry date or might be possible that they didn’t file the application due to some reason within the stipulated time duration for the renewal of the FCRA registration. Government came up with a solution for such scenarios which is discussed below.
If an organization fails to apply for the said renewal of the application, then it shall become invalid and the department shall provide proper reasoning for the failure to file for renewal of application. If the department is satisfied with your reason for delay it may allow you to file the application for renewal within 1 year from the date of the expiry date of FCRA registration.
In the event that no application for renewal of registration is submitted, or if such an application lacks the necessary fee, the certificate of registration for that individual shall be considered expired as of five (5) years from the initial registration grant date. A renewal application submitted after the expiration date must be accompanied by a fee of Rs. 10,000 (Ten thousand rupees).
The FCRA registration plays a major role in determining the alliance of business and the smooth running of business. Hence its timely renewal is necessary which can be done easily with the help of the Whizseed. It has to be renewed according to the process that is prescribed. under the law in order to neglect any penalty. Renewal plays a crucial role in the functioning of business and thus it is necessary to be kept updated for the ease of business operations. Some of the reasons which you should choose Whizseed are:
