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Society Registration
Taxteam can help you register your society under the Societies Registration Act of 1860. We collaborate with prominent service providers to offer registration services both online and offline. You can now register your society anywhere in India with just one phone call, email, or message.
Registration of Society under Society registration Act, 1860
The Society is a non-commercial organization that promotes philanthropic activities. It contributes to education through art, music, athletics, religion, and culture, while also raising funds for social and economic support. The society aims to assist and promote social welfare while raising money for a shared purpose. The government has enacted the Society Registration Act of 1860 to ensure the well-being of citizens in certain states.
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Years of Experience
Benefits
Advantages on Registration of Society
01
Separate Legal Entity
The society will act as a separate legal entity, holding distinct assets and responsibilities for its activities, profits, and members. The society shall have the right to sue a third party if a dispute or default arises.
02
Income Tax Exemption
The organization promotes a common purpose and social welfare as methods of societal progress, and thus it is exempt from income tax.
03
Legal Right
Running a legally constituted organization allows you to seek legal remedies if problems develop in your business.
04
Social Benefits
People's participation helps the country lower the burden on others, while providing financial assistance and education reduces poverty and unemployment.
Faq's
General frequently asked questions
Have questions? Our FAQ section covers common queries to help you find quick and clear answers.
Have Any Question ?
The minimum number of people required to start a society is seven.
Incorporation of a society provides legal recognition, limited liability, tax exemptions, and the ability to own property and enter contracts.
Yes, a society can continue to function if any person leaves, as long as the minimum required number of members is maintained.
Yes, a current account can be opened for a society in the name of the society with the necessary documents.
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Know MoreIt was an overwhelming experience to have been associated with Taxteam. Mr. Thyagarajan and his team ensured that all our approvals were obtained on time and he was just a call away in case of any assistance required
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We are working with Taxteam for almost a Decade. Excellent team, timely follow-up on deliverables. Committed and dedicated CEO Mr.Thiyagarajan, very patient and humble person. Glad to be associated with Tax team
