Legal Requirements for Society Registration || Registerkaro.in
Benefits of Society Registration
Legal recognition
Registered societies enjoy legal recognition, which enhances their credibility and enables them to enter into contracts, own property, and conduct various activities in their own name.
Tax exemptions
Many jurisdictions offer tax exemptions to registered societies, allowing them to save money on income tax, property tax, and other levies, thereby maximizing their resources for the benefit of their objectives.
Transparency and credibility
Society registration entails adhering to certain regulatory requirements, including maintaining proper accounts, holding regular meetings, and submitting annual reports. This fosters transparency and accountability, enhancing the organization's credibility among donors, beneficiaries, and the general public.