Society Registration in Coimbatore
A society can be described as an association of several people who come together to carry out the communal purpose. We Smart Auditor has been chosen as the finest consultant by the public who does the Society registration service tirelessly. Our reputed firm has now extended its services in various places in the Coimbatore like new-sidhapudhur, Gandhipuram, Ondipudhur, Neelikonampalayam and Singanallur. The Society registration in Coimbatore is necessary so as to carry out the process of charitable activities like music, culture and religion. The Society registration act 1860 in India has been accepted by several state governments. The Society is formed to grant the charitable assistance, collection of the natural history, promotion of science and literature also for the promotion of the fine arts. Trust is created for the military orphan funds, foundation of libraries, public museum and all the functions of the Society has been said under the Section 20 of Society Act 1860.
Society registration in Coimbatore is the most inevitable process since it carries out the charitable works and supports mechanical inventions and instruments. Seven members are required for the formation of the society with no upper limit. Society has more democratic form of membership to manage the society. There are two types of the societies. National level society and state level society. Among the founders of the society, there must not be any blood relative. Also the President of the society should give an affidavit to this effect. The MOA of the society prescribe the object for which it has been established. If the annual turnover is less than 40lakh in terms of the goods, there is no requirement to apply for the GST registration. A society can borrow money and enter into the legal contract since the registration avails many benefits. Once the Society registration in Coimbatore is done then it will be treated as a separate legal entity.
Documents required for the Society Registration
- PAN card of the members
- Residential proofs like Aadhar card, bank statement
- Covering letter
- Registered address proof
- Declaration by the President
Benefits of Society registration
There are various benefits for the Society registration in Coimbatore. They are,
- It obtains the legal status
- It can legally open the bank account
- Approval under the income tax act is quick
- It can be treated as a separate legal entity
- Society members are not personally liable for any debt in this form of Society.