SETTING UP NGOs
SETTING UP NGOs
Embarking on the journey of establishing a Non-Governmental Organization (NGO) is an inspiring endeavour aimed at creating positive change in society. Establishing a Non-Governmental Organization (NGO) requires meticulous planning, legal expertise, and administrative support. We offer comprehensive services to guide you through every step of the NGO setup process, empowering you to make a meaningful impact in your community and beyond.
AN OVERVIEW OF NGO
NGO (Non-Governmental Organization):- Nongovernmental organization (NGO), voluntary group of individuals or organizations, usually not affiliated with any government that is formed to provide services or to advocate a public policy. Although some NGOs are for-profit corporations, the vast majority are non-profit organizations. Some NGOs, particularly those based in authoritarian countries, may be created or controlled by governments. By most definitions, political parties and criminal or violent guerrilla organizations are not considered NGOs. They are not owned by any one and cannot distribute its profit/surplus as such. Whatever, Profit/surplus they may earn from economic activities are reinvested or spent on appropriate non-profit activities. The typical sources of revenue or non-government organizations are donations, Grant, Gift, Membership fee and interest on investment.
Our NGO Setup Services Include:
- Initial Consultation: We kick start the process with a detailed consultation to understand your mission, objectives, and target beneficiaries. Our team collaborates closely with you to develop a tailored strategy that aligns with your vision for the NGO.
- Legal Structure and Registration: Leveraging our expertise in NGO regulations, we assist you in selecting the most appropriate legal structure, whether it’s a Trust, Society, or Section 8 Company. Our team handles all aspects of registration, from drafting necessary documents to obtaining approvals from regulatory authorities.
- Drafting Governing Documents: We help you craft robust governing documents, including the Trust Deed, Memorandum of Association (MOA), Articles of Association (AOA), or Constitution, ensuring compliance with applicable laws and regulations.
- Tax Exemption and Compliance: Our experts guide you through the process of obtaining tax exemptions and registrations, such as 12A and 80G certifications, to avail tax benefits for your NGO and its donors. We provide ongoing support to ensure compliance with tax laws and reporting requirements.
- Financial Management Systems: We assist in implementing effective financial management systems tailored to your NGO’s needs, including accounting procedures, budgeting frameworks, and reporting mechanisms. Our goal is to promote transparency, accountability, and financial sustainability.
- Governance Training and Support: Excel Financial Advisors offers specialized training sessions and workshops for NGO board members, staff, and volunteers on governance best practices, ethical standards, and legal compliance. Our ongoing support helps strengthen your organization’s governance structure and capacity.
We are passionate about empowering NGOs to fulfill their missions and create lasting impact. Contact us today to learn more about our NGO setup services and how we can support your journey towards meaningful change.