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A non-profit organization (NPO) is dedicated to furthering a particular social cause or advocating for a shared point of view. In economic terms, it is an organization that uses its surplus of the revenues to further achieve its ultimate objective, rather than distributing its income to the organization's shareholders, leaders, or members. Non-profits are tax exempt, meaning they do not pay income tax on the money that they receive for their organization. They can operate in religious, scientific, research, or educational settings.

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Co-operative Society

The Cooperative Societies Act, 1912 expanded the sphere of cooperation and provided for supervision by central organization. A cooperative society, which has its object the promotion of the economic interests of its members in accordance with the co-operative principles may be registered with limited or unlimited liability by filing application accompanied by copy of its byelaws and signed by at least 10 adult members of the same locality, class, caste, tribe or occupation.

 

A co-operative society has been formed behind the following broad objectives

  • To render services to its members instead of making profits.
  • It encourages a state mutual help in the place of competition.
  • It assures a state of self-help in the place of dependence.
  • It develops a state of moral solidarity in the place of unfair business activities.

Advantages of Registration 

  • Unlike other retailers, cooperative stores supply quality goods. Consumers are thus saved from adulteration and other malpractices.
  • As consumers are the owners and managers of such stores, genuine requirements of the majority of consumers can be met. In other words, goods required by a majority of the customers are always dealt by such stores.
  • Cooperative societies are an important form of democratic business enterprise because of its diffused ownership. As a result, no single group can secure control over the organization.

Documents required 

  • Model bye-laws (4 copies)
  • List of promoter members.
  • Copy of promotional meeting resolution resolving name of the society, value of share money, admission fees, liabilities, total number of members of managing committee, annual submission fees etc.

Packages

Silver

. 35501.00/- inclusive of all fees
  • Society Bye Laws
  • Registration of Society
  • PAN and TAN registration
  • Certificate of 12AA
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Gold

. 45501.00/- inclusive of all fees
  • Society Bye Laws
  • Registration of Society
  • PAN and TAN registration
  • Certificate of 12AA
  • Certificate of 80G
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Platinum

. 55501.00/- inclusive of all fees
  • Society Bye Laws
  • Registration of Society
  • PAN and TAN registration
  • Certificate of 12AA
  • Certificate of 80G
  • One Year Accounting upto 100 entries per month
Book Now