Society Registration Purpose and Benefits of setting up a Society

Society Registration: Purpose and
Benefits of setting up a Society

A Society is an association of more than two people who come together to take part in
charitable activities for the society. You can refer to society as a Non-Profit
Organization. But to get the benefits of such an association, you must get Society
Registration for your association. A Society or, more properly, a Cooperative Society
Registration is done cooperatively exclusively for non-profit purposes.

Society Registration: Purposes

These societies are registered to advance charitable activities like sports, art, culture,
music, religion, education, etc. Therefore, the following can be the purpose of online
Society registration:
Fine Arts Promotion
You can register a new society to promote regional fine arts in the country. Lost folk arts
are the cultural heritage of this country.
Political Education Promotion
Sometimes, members registers for a Society online if they want to diffuse some political
education exclusively about a political ideology.
Grant of Charitable Assistance

The common reason to register a society is to help people. So, most online society
registration applications are about granting charitable assistance to the needful.

Science & Literature Promotion

Certain association opts for a cooperative society registration certificate to create an
education center to educate youth in sciences as well as literature.

Funding for Military Orphans

Certain cooperative bodies exist to cater to the needs of orphaned military families in
India. So, such bodies opt to register as a society to help the military families.

Foundation & Maintenance of Galleries

In some instances, the Registration of a Cooperative happens for the creation of a body
that watches over art galleries and such. These bodies are not particularly incorporated
for social welfare. But societies are granted Cooperative registration certificates in India.

Foundation and Maintenance for Libraries

Some members stablish their societies to oversee library functions and management in
a city or a district.

Specialized Classes for Students

Certain schools establish cooperative societies by getting an associate certificate for
running specialized classes for the needful students.

Natural History Collections

There are many localities in India where online cooperative society creates a body that
maintains and operates historical collections.

Mechanical and other Inventions Collections

The MCA incorporate certain societal associations in the country to provide authenticity
and maintenance services for Indian-borne inventions.

The MCA governs these societies under the Society Registration Act of 1860.

Society Firm Registration: Benefits

The Delhi Society Registration Act, a part of the Indian Society’s Act of 1860, clearly laid
out the registration process in the country. The registration has the following benefits:

Easy to purchase Estates

When you acquire the society registration certificate and incorporate the association,
you commence the operations of an NPO who can purchase property without any of the
laborious compliances.

Provisions for Actions against Defaulters

Incorporating a cooperative society is like creating a separate legal entity. All separate
entities – such as a company or a society- have the legal authenticity to file a lawsuit
against anyone.

Tax Exemptions

A society can avail of many tax exemptions from the Government. If your society
obtains the social welfare society registration certificate, then the Government can
exempt it from paying taxes. But the society must acquire the 12A registration.

Fewer Liabilities

Also, registering a Society in India creates a cooperative institution that results in
minimum liabilities to its members.

Property shifting is easy

Also, obtaining a Cooperative Registration certificate makes it easy for the owners to
shift the property’s location without much hassle.

Ease in getting Funds from Outside Sources

Cooperative Registration allows funding from external sources in donations. But the
purpose of society must be exclusively for the betterment of people.

Without the Registration, you are not eligible to get any of the aforementioned benefits.
Therefore, get your society registered with the Registrationwala.