The FCRA stands for the Foreign Contribution (Regulation) Act. It's an Indian law enacted in 2010 to regulate the acceptance and utilization of foreign contributions or donations by individuals, associations, and companies in India. The primary purpose of the FCRA is to ensure that such foreign contributions are not detrimental to the national interest, security, or sovereignty of India.
Entities intending to receive foreign contributions need to register with the Ministry of Home Affairs (MHA) under the FCRA to legally accept foreign donations or aid. This registration allows them to receive funds from outside India for specific purposes outlined in their objectives.
Entities aiming to procure foreign support for specific cultural, social, economic, educational, or religious initiatives can seek FCRA registration or receive foreign contributions using the "prior permission" approach. It's preferable for an FCRA applicant to be a Trust, Society, or a Section 8 Company. The nonprofit organization should have a minimum three-year history at the time of FCRA application and should not have previously received foreign contributions without government consent. Furthermore, the applying entity must have expended at least Rs.10,00,000/- over the past three years toward its goals, excluding administrative costs. Audited statements of income and expenditure for the previous three years, verified by a Chartered Accountant, are necessary to confirm compliance with the financial requirement.
Accessing the FCRA Online Portal:
Creating an Account:
Logging In and Starting the Application:
Completing the Registration Form:
Final Submission and Payment:
Logout:
The validity of FCRA (Foreign Contribution Regulation Act) registration is typically granted for a specific duration, usually five years from the date of approval. Once approved, entities can legally receive foreign contributions for social, cultural, religious, educational, or economic purposes within the framework of FCRA guidelines.
Renewing FCRA registration is essential for entities aiming to continue receiving foreign contributions. The renewal process involves submitting an application for FCRA renewal to the Ministry of Home Affairs (MHA) within the stipulated time frame before the expiration of the current FCRA registration.
Document Management: We provide guidance for required FCRA documents, ensuring proper submission in the required format, eliminating guesswork, and saving time.
Faster Application Submission: Our knowledge of the process and potential pitfalls could help you submit your application more efficiently, potentially reducing turnaround time.
Expert Guidance: Ecfile employs professionals with expertise in FCRA regulations, who can provide advice and support throughout the process.