Society Registration in Chennai
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Societies aim to uplift the economy for the disadvantaged and aid the disabled. Society registrations fall under the Indian Society Act of 1860, focusing on educational, health, and employment benefits. At least seven members are needed to get society registration in Chennai, allowing them to set policies and principles within certain conditions. Not all NGOs share similar objectives; some specifically empower the youth. Society registration is vital for those below the poverty line, and tax exemptions hold significant importance.
Documents required for Society Registration
Below are the documents for online society registration in Chennai.
- The Director needs a PAN Card.
- For ID proof, Aadhar and Voter ID are necessary.
- For Address Proof, provide a recent Electricity bill and Bank statement.
- If it's a rented property, include a recent utility bill and Rent agreement.
- For owned property, submit the Property Tax Receipt.
- Include a recent Passport size Photograph of the Director.
Benefits of Society registration in Coimbatore
- It allows the Society to own property in its name.
- Facilitates opening a bank account for the Society.
- An incorporated Society qualifies for Tax Exemptions.
- Registration grants legal standing to the society.
- Legal requirements are simpler compared to trusts or Section 25 companies.
- Renewal of membership is viable, and objectives can be easily adjusted.
- Winding up the society is straightforward.
- Society registration offers a democratic structure with membership and a chosen body for management.
- Property purchase becomes hassle-free with legal backing.