NGOConnects

  When deciding between forming a Private Limited Company and a Section 8 Company in India, it's essential to understand the key differences, purposes, benefits, and legal requirements of each. Here's a comparative analysis: 1.  Purpose and Objectives Private Limited Company: Primary Purpose:  Profit-making business. Objectives:  To carry out business activities with the aim of earning profits and distributing them among shareholders. Section 8 Company: Primary Purpose:  Non-profit organization. Objectives:  Promoting commerce, art, science, sports, education, research, social welfare, religion, charity, or any other useful object, and using the income for promoting these objectives without distributing dividends to members. 2.  Incorporation and Governing Law Private Limited Company: Governing Law:  Companies Act, 2013. Incorporation:  Requires at least 2 directors and 2 shareholders. Must have "Private Limited" at the end of its name. Secti...

  Section 8 Company vs Trust vs Society: Understanding the Differences When setting up a non-profit organization in India, choosing the right legal structure is crucial. Section 8 Companies, Trusts, and Societies are the most common forms of non-profits. Here’s a detailed comparison to help you understand their differences and decide which structure best suits your organization’s objectives. 1. Legal Framework Section 8 Company : Governed by the Companies Act, 2013. Requires registration with the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). Structured as a corporate entity with limited liability for its members. Trust : Governed by the Indian Trusts Act, 1882 (for private trusts) or state-specific laws (for public charitable trusts). Requires registration under the relevant state law, typically with the Charity Commissioner or Registrar of Trusts. Managed by trustees based on a trust deed. Society : Governed by the Societies Registration Act, 1860. Re...

How to Register a Non-Profit Section 8 Company as an NGO Registering a non-profit company under Section 8 of the Indian Companies Act, 1956 (formerly Section 25) is a popular choice for NGOs focused on promoting art, science, charity, religion, or commerce for social development. Here is a step-by-step guide to help you navigate the registration process. Understanding Section 8 Companies Section 8 companies are established with the primary objective of promoting charitable activities without the intention of earning profits. Any profits made are used to further the company’s social objectives and cannot be distributed among its members or directors. These companies require a Memorandum and Articles of Association but do not need stamp paper. Key Features of Section 8 Companies Purpose : Promote social welfare, charity, or other non-profit objectives. Profit Distribution : Profits, if any, are used to promote the company's objectives and cannot be distributed among members. Membersh...

  Comprehensive Guide to Grant Proposal Writing for NGOs: Preparation to Submission If you seek funding for your NGO, providing a well-crafted project proposal is essential. Preparing an effective and result-oriented proposal can significantly increase your chances of securing a grant. Here’s a comprehensive guide on how to write a perfect project proposal to ensure funding. How to Write a Perfect Project Proposal to Secure Funding The approach you take in writing your proposal is crucial. Your proposal should clearly express and describe your vision, requirements, capabilities, and the specific issues your project will address. It must convincingly present your NGO’s profile to funding providers and agencies. Funding agencies evaluate hundreds of proposals each year for various purposes. This guide outlines the basic elements of grant proposal writing to assist applicants to CPB and other funding sources. Successful grant writing involves coordinating several activities, including...

  How to Start an NGO – Form, Register, and Run an NGO Introduction to Non-Governmental Organizations (NGOs) Non-Governmental Organizations (NGOs) play a crucial role in addressing social, environmental, and economic issues. They operate independently of government influence and are typically non-profit entities that aim to support and uplift various communities. This document will guide you through the essential steps required to start, register, and effectively run an NGO. 1. Understanding the Basics To start and run an NGO, it is essential to understand the basic requirements and processes involved. This includes paperwork, legal procedures, funding arrangements, and organizational management. 2. Initial Steps to Start an NGO a. Purpose, Vision, and Mission The first step is to determine the purpose of your NGO. Your vision should outline what you aim to achieve, while the mission should detail how you plan to achieve it. A clear and concise mission statement is crucial as it de...