Simplify your business registration with SureTax Bizcare –
your trusted partner for seamless Registration, Compliance, and Management.
A society is a legally recognized organization formed by a group of individuals who unite to work toward a shared goal or cause—often in the fields of social service, education, culture, health, or community welfare. It operates under the framework of the Societies Registration Act of 1860, which outlines the procedures for registration, management, and closure of such entities. Once registered, a society is treated as an independent legal body, distinct from its members. This grants it the authority to enter into agreements, possess property, initiate legal proceedings, or be subject to them—all in its own name. Societies are also eligible to raise funds through avenues like donations, grants, and public contributions to support their initiatives. In India, societies play a crucial role in advancing various public-interest goals. They are commonly involved in promoting education, preserving heritage and culture, supporting sports and health-related efforts, and addressing social issues. These organizations are often led by dedicated individuals or volunteer groups and depend on community engagement and financial backing to sustain their work.
Society Premises can either be owned or rented.
The society must choose a unique name that is not already in use by another registered society or organization
Minimum of 7 members are always required for registration. (However, Among the founder members/governing body there must not be any member having blood relation)
There is no specific capital requirement for the registration of a society in India. A society is a non-profit organization that is not required to have a minimum capital or shareholding structure.
Upon registration, a society gains an independent legal status, allowing it to initiate or face legal proceedings under its own name. This legal distinction helps shield its members from personal liability related to the society’s affairs.
Members of a society are not personally accountable for its financial obligations—their responsibility is confined to the society’s own assets, ensuring their personal property remains protected from any debts incurred by the organization.
A society is characterized by perpetual existence, ensuring its continuity even in the event of changes in membership or the death of its members.
Registered societies qualify for a range of grants and funding opportunities provided by the government and other institutions to support their charitable, educational, or scientific endeavors.
Registered societies can benefit from tax exemptions on their income, provided they meet the conditions set forth in the Income Tax Act, including using their earnings for charitable, educational, or scientific purposes.
Registered societies are generally perceived as more credible and dependable compared to unregistered organizations, which enhances their ability to earn the confidence and backing of donors, volunteers, and other key stakeholders.
Registered societies must keep accurate financial records, conduct regular meetings, and provide annual reports to the Registrar of Societies. These requirements promote transparency and accountability in the management of the society’s operations.
The registration of a society enhances its credibility and transparency, making it more likely to attract the support of donors, volunteers, and other stakeholders.
Transparency, accountability, and protecting stakeholder interests all start with timely compliance. Our team ensures your regulatory filings are handled smoothly and efficiently. These compliance obligations typically fall into four key categories. Want to stay ahead and compliant? Reach out to our expert startup consultants for tailored guidance.
Post-incorporation, companies are required to complete certain one-time formalities such as appointing the first statutory auditor, filing a declaration to commence business, and issuing share certificates to shareholders.
Change of Directors, Change of regd. Address,Allotment of shares etc
Accounting , Tax Filing , Maintenance of records and registers etc
ROC Annual filing, Audit of financial statement, ITR filing etc
Suretax provides expert business and financial consulting services, ensuring strategic growth and success for our clients.
© SureTax Finpro.
Copyright © 2025 All rights reserved.