Rules, Procedures, and Requirements | Company | Society | Trust |
NGO Special Note | A non-profit company is an NGO. | Society is also an NGO. | Trust is also an NGO. |
Act/law under which the NGO is registered. | Companies Act | Society Registration Act 1860 | Indian Trusts Act / Bombay Trust Act / Devasthan Trust Act (Indian Trusts Act / Bombay Trust Act / Devasthan Trust Act) |
How long does it take for NGO registration? | Maximum 6 months | Maximum 2 months | Maximum 2 weeks |
Can family members become members of Society? | The director/director of the company can be anyone but there will be difficulty in getting financial grants. | Society cannot have members of the same family. | You can keep family members in the trust but any other member will be required to take a financial grant. |
Member Requirement for State Level NGO | 2 Member | 7 Member | 2 Member |
for National Level NGO | 2 Member | from different states | 2 Members |
There is no limit to the maximum number of members in the Society, Trust, and Company, you can make as many members as you wish. For running the NGO. |
Authorized Institution for Registration | Registrar of Companies | Deputy Registrar of Societies | Sub Registrar of Registration / Charity Commissioner |
Scope of | all | the organization All India Register at the national level All India and at the state level register organizations can work only in the state | India |
to receive financial grants. The terms, conditions, and procedures are the same in company, society, and trust. | There is always a possibility of getting a financial grant for the company. | Society gets financial grants according to the terms and conditions of various ministries of the state and central government. | The trust gets financial grants according to the terms and conditions of various ministries of the state and central government. |
Is the transfer of Directorship / Membership / Trusteeship possible? | There may be a transfer of directorship. | Membership cannot be transferred as per law. | According to the Indian Trust Act, there is no option for the transfer of trusteeship. |
Can anyone become a Director/Member/Trustee of a Foreign Society? | You can become a director, you can become a | member. | You can become a trustee. |
Will I get FCRA if a foreigner stays in an NGO? | If there is a foreigner in the company, there will be a problem in taking FCRA. | If there is a foreign member in the society, it will be difficult to take FCRA. | It will be difficult to get FCRA if there is a foreign member in the trust. |
Can the members of the association take a salary? | Yes, you can take it. | Yes, you can take it. | Can't take There is a provision to charge a consultancy fee or prescribed fee in a project. |
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