Quick Summary
FCRA registration is mandatory for NGOs, associations, and organizations receiving foreign contributions. It ensures that foreign funds are not used for activities detrimental to national interest.
The Foreign Contribution (Regulation) Act, 2010 regulates the acceptance and utilization of foreign contributions by certain individuals and associations in India.
Who Needs FCRA
- NGOs receiving foreign donations
- Section 8 Companies with foreign funding
- Societies and Trusts receiving foreign contributions
- Not applicable to: Government bodies, relatives, foreign nationals, etc.
Types of Registration
- Normal FCRA: For organizations with 3+ years of existence and ₹15L+ expenditure
- Prior Permission: For new organizations or specific projects
Compliance Requirements
- Annual return in Form FC-4 by 31st December
- Separate bank account for foreign funds
- Utilization certificate
- Intimation of changes
Validity and Renewal
FCRA registration is valid for 5 years. Must apply for renewal within 6 months before expiry.
Key Points
- Mandatory for receiving foreign donations
- Valid for 5 years
- Separate bank account required
- Annual returns mandatory
- Two types: Normal and Prior Permission
- Can be cancelled for violations