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12A Registration in Pune

  • Provisional & Final 12A Registration
  • Eligible to apply for 80G registration

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12 A Registration

When an NGO or charitable organization is registered under Section 12A of the Income Tax Act, 1961, it becomes eligible for income tax exemption on the surplus or donations it receives. This means the income earned by the organization will not be taxed, as long as it is used strictly for charitable purposes. Without 12A registration, the income of the NGO would be treated as normal income and taxed accordingly, which could impact its ability to function and carry out social initiatives. 12A registration is a legal recognition that protects charitable institutions from tax burdens and enhances their ability to raise funds and make a stronger impact on society. It is highly recommended for all non-profit organizations operating in and around Pune to get themselves registered under Section 12A to avail tax benefits and promote their charitable mission effectively.

company registration in pune

Benefits of 12 A Registration in Pune

Income Tax Exemption

Once an NGO, trust, or society in Pune obtains 12A registration, its income becomes exempt from income tax. This means all donations, grants, and other income used for charitable purposes are not taxed under the Income Tax Act.

Helps Utilize Full Donation Amount for Welfare

Without tax liability, organizations can use the entire amount of received donations and income towards charitable activities such as education, healthcare, women empowerment, rural development, etc., especially relevant in urban and rural parts of Pune.

Builds Trust and Credibility

12A registration enhances the credibility of an NGO or charitable trust. It shows that the organization follows proper compliance and is recognized by the Income Tax Department. This builds confidence among donors, CSR contributors, and government agencies.

Eligibility to Apply for 80G Registration

After obtaining 12A registration, organizations in Pune can apply for 80G registration, which allows donors to claim tax deductions on their donations. This encourages more contributions and better fundraising.

Better Fundraising Opportunities

Many government schemes, CSR funds, and international funding agencies prefer or require 12A registration before disbursing any funds. NGOs in Pune with 12A status have better chances of securing both domestic and foreign funding.

Legal Recognition for NGOs in Pune

Having 12A registration gives a legal identity and recognition to the NGO or trust, proving that it is genuinely engaged in charitable activities and not involved in profit-making motives.

Requirement of 12 A Registration in Pune

Key Features of 12 A Registration in Pune

  1. Income Tax Exemption:

NGOs/Trust/Section 8 Company registered under 12A are exempted from paying income tax on their income.

  1. Access for Government Grants & CSR Funds:

12A Registered NGOs/Trust/Section 8 Company are eligible for some Government Schemes like E-Anudan & other CSR Funding.

  1. One-Time & Renewable:

The Capital structure of private Limited Company Consist Authorised capital, subscribed capital & Paid-up Capital. No minimum capital requirement (earlier it was ₹1 lakh, but this requirement has been removed) & you can register a private limited company in Pune with very small amount of capital.

  1. Restriction on Transfer of Shares:

The Shareholders of the Company can not transfer its shares to the outsiders. If any shareholder wants to exit from company, first he shall offer his shares to another shareholder of the company, if no one is ready to accept offer, then he can sell to outsider.

  1. Prohibition on Inviting Investments from Public:

The Private limited company can not take investment from public through offer its shares. Further there is limit to accept deposit from Members & Directors.

  1. Name:

Every Private limited company Must end with “Private Limited” or “Pvt. Ltd.”

Documents Required for 12 A Registration in Pune

  1. Identity Proof and Address Proof
    a. Passport/ Aadhar card/ Voter ID/ Driver’s License of Directors, 
    b. PAN card, and
    c. Utility bills or Bank Statements as address proof.
  2. Proof of Registered Office
    a. Ownership of Property- Any utility bill like an electricity bill or corporation tax receipt not later than 30 days.
    b. Right to use the Property- Rental Agreement or No Objection Certificate (NOC) from the owner.
  3. Declaration and Consent of the proposed Directors
    Form  DIR-2 serves as the official  consent to assume the role of a director respectively.

Procedure for 12 A Registration in Pune

  1. Application for DSC (Digital Signature Certificate):

The Digital signature Required of all individuals who subscribing Memorandum of association & Article of Association. They shall sign online forms of Company Registration using Digital Signature.

  1. Application for Name Approval:

The Name application is first step in Private Limited company registration process. The applicant has to apply with two different names along with Object of the Company Selection.

The applicant has option to approve name first Separately and then apply for incorporation of Company at later stage or to apply for company registrationdirectly with Name. In direct incorporation process, the application can apply with single name only and he should confident for such name.

  1. Application for Company Registration:

The next stage after name approval is apply for Company registration. The form Includes Spice+, eMOA, eAOA & Agile form. The Company registration forms  shall be signed digitally by Applicant & Professional like Practicing Company secretary.

  1. Get Company Registered:

After Submission of Company registration application, MCA verify the application and Issue the Company registration certificate i.e. Certificate of incorporation along with PAN, TAN, ESIC & PTRC.

  1. Opening of Bank Account:

Applicant can open bank account immediately after company registration in Pune & deposit their capital amount which mentioned in MOA. The Bank account open with the Company Registration Documents & Board Resolution of the Company.

Post Compliance for12 A Registration in Pune

  1. First Board Meeting:

Hold the first board meeting within 30 days of the company’s incorporation.

              Key decisions to be made at this meeting include:

  • Opening of new Bank Account
  • Authorised Signatory to apply other registrations in name of company.
  • Appointment of first Auditor
  • Allotment of Shares.
  1. Appointment of First Auditor:

The board of directors must appoint the first auditor within 30 days of Company registration. If the board fails to do so, the members can appoint the auditor within 90 days of incorporation. The first auditor holds office until the completion of the first annual general meeting. 

  1. Issuance of Share Certificates:

                Share certificate shall issue within the 60 days form company registration.

3. File INC 20A- Declaration for the Commencement of Business:

After Company registration done, the company shall file INC-20A i.e. Declaration for the Commencement of Business within 180 days from Company Registration. It should be verified by a Company Secretary (CS) or a Cost Accountant or Chartered Accountant (CA) in practice. 

4. Other statutory Compliances:

The Company Shall compliant with other statutory compliance to protect interest of stakeholders.

Testimonials

Vishal Gaikwad

Company Registration in Pune

Thanks for prompt response in gst registration process.

Uttam Majale

Company Registration in Pune

it was awasmoe experience with Mayur sir he guided me and helped me through the entire processs of gst registration

Suresh Sharma

Company Registration in Pune

I have been with Mayur Sir since my company registration He is cooperative throughout the process

FAQ's

A private limited company is a type of business entity where the ownership is divided into shares held by a small group of individuals. Shares are not available to the public, and the company’s liability is limited to its assets.

A private limited company must have at least two shareholders, but it can have up to 200 shareholders.

Advantages include limited liability for shareholders, separate legal identity, and potential tax benefits. It also offers flexibility in management and ownership.

No, a private limited company must have at least two directors. These directors are responsible for managing the company’s affairs and ensuring compliance with legal requirements.

A private limited company cannot offer its shares to the public and has fewer regulatory requirements. In contrast, a public limited company can sell shares to the public and is subject to stricter regulations.

Compliance requirements typically include filing annual financial statements, holding annual general meetings, and submitting necessary returns to regulatory authorities.

Yes, a private limited company can convert into a public limited company by meeting regulatory requirements, such as issuing shares to the public and complying with listing regulations

 

Any individual who is at least 18 years old and has a valid Director Identification Number (DIN) can be a director.

In Pune, the registration process typically takes 7–10 working days, provided all documents are in order and there are no delays in name approval or verification.

No, a Private Limited Company cannot raise funds from the public. It can raise funds only through private investments, loans, or venture capital.

Yes, a foreign national can be a director or shareholder in a Private Limited Company in India. However, at least one director must be a resident of India.

GST registration is mandatory if the company’s turnover exceeds ₹20 lakh (₹10 lakh for special category states) or if it is engaged in the supply of goods or services.

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