Step by Step Procedure for Society registration in Telangana
What Is Society Registration?
A society is an organized group of people with a common aim and objective, usually focused on non-profitable service. When you register a society, it gains legal recognition and a structured framework for its activities. Here’s how it works in Telangana:
Purpose of Society Registration:
- Societies can be formed for various purposes, such as promoting fine arts, providing education, supporting cultural activities, or helping those in need.
- The Telangana Societies Registration Act, 2001 governs the registration of societies in the state.
Eligibility:
- A society can be registered in the office of the Registrar in the district where it intends to be established.
- It requires a minimum of 7 or more persons to come together with a common purpose.
Online Process:
- Telangana offers an online application process for society registration.
- Here are the steps:
- Visit the e-Registration of Societies portal.
- Fill out the online application form for society registration.
- Track the status of your application online.
- Once approved, you can download your registration certificate.
- For any amendments or annual returns, use the same portal.
- You can also obtain certified copies of the society’s by-laws through this system.
Model Memorandum of Association (MOA) & Bye-laws:
- Societies need to draft their MOA and rules & regulations (bye-laws) that define their objectives, membership, management, and other operational details.
Remember, society registration provides legal validity to your group’s activities and ensures transparency in its functioning. If you’re planning to establish a society in Telangana, follow the process and contribute to the betterment of society! 🌟
Key Benefits of Society Registration: Registering a society offers several advantages, including:
- Legal Recognition: Registered societies enjoy legal recognition as distinct legal entities, enabling them to enter into contracts, own property, and sue or be sued in their own name.
- Perpetual Existence: Societies have perpetual succession, meaning they continue to exist irrespective of changes in membership or office bearers.
- Tax Exemption: Registered societies may be eligible for tax exemptions on income generated from their charitable or social welfare activities.
- Transparency and Accountability: Registration fosters transparency and accountability in the operations of the society, ensuring compliance with legal and regulatory requirements.
- Access to Funding: Registered societies may access grants, donations, and funding from government agencies, non-profit organizations, and philanthropic individuals or institutions.
Key Requirements for Society Registration: To register a society in Telangana, certain requirements must be fulfilled, including:
- Memorandum of Association (MoA): Drafting a MoA outlining the objectives, aims, and rules governing the society’s operations.
- Articles of Association (AoA): Drafting AoA specifying the internal management structure, roles and responsibilities of members, and procedures for decision-making.
- Minimum Membership: Ensuring a minimum number of members, as prescribed by the Telangana Societies Registration Act, 2001.
- Governing Body: Forming a governing body or managing committee comprising office bearers and members responsible for the administration of the society.
- Registration Application: Submitting the MoA, AoA, along with the registration application to the Registrar of Societies in Telangana and paying the prescribed fee.
How Invention Tax Solutions Can Help: At Invention Tax Solutions, we understand the importance of community initiatives and social organizations, and our experienced team is dedicated to simplifying the society registration process for our clients. Here’s how we can assist you:
- MoA and AoA Drafting: Our legal experts assist in drafting comprehensive MoA and AoA tailored to your society’s objectives and requirements.
- Documentation Assistance: We help gather and prepare all necessary documents required for society registration, including MoA, AoA, and membership details.
- Application Submission: We handle the entire application process on your behalf, submitting the registration documents to the Registrar of Societies and ensuring accurate and timely processing.
- Follow-up and Resolution: Our team follows up with the Registrar of Societies to track the progress of your registration application and address any queries or issues that may arise during the process.
- Continued Support: Even after obtaining society registration, we provide ongoing support and guidance to ensure compliance with legal and regulatory requirements.
Conclusion: Society registration is a crucial step for communities and social organizations in Telangana to formalize their initiatives and drive positive change. With Invention Tax Solutions as your trusted partner, you can navigate the society registration process with ease and confidence, enabling you to focus on making a meaningful impact in your community. Contact us today to learn more about our society registration services and let us help you empower your community initiatives in Telangana.