{"id":5098,"date":"2019-06-22T18:36:59","date_gmt":"2019-06-22T13:06:59","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=5098"},"modified":"2021-04-07T16:22:43","modified_gmt":"2021-04-07T10:52:43","slug":"is-ngo-a-profitable-business-a-complete-overview","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/","title":{"rendered":"Is NGO a profitable business? A Complete Overview"},"content":{"rendered":"\n<p class=\"has-drop-cap has-drop-cap\">NGO, the acronym of Non-Governmental\nOrganization, are mainly set up for bringing a social change in the country. However,\nestablishing an NGO and maintaining a better consistency is still a challenging\ntask in a country like India.<\/p>\n\n\n\n<p>The reason for the same is several legal complexities and the <a class=\"text-primary\" href=\"https:\/\/swaritadvisors.com\/ngo-registration\"><strong>NGO Registration<\/strong><\/a>. However, if you consult a right professional, he\/she will guide you in setting up your NGO. <\/p>\n\n\n\n<p>If you\u2019re thinking of starting a Non-Governmental Organization, then it could prove beneficial for you. In the 21<sup>st<\/sup> century, the Civil Sector (a non-profit sector that exists beyond the boundaries of the public and private sector) of the country has resulted in tremendous growth.<\/p>\n\n\n\n<p>The top NGOs like \u201cNanhi Kali\u201d, \u201cGive India\nFoundation\u201d, and \u201cSmile Foundation\u201d, \u201cGoonj\u201d etc. have achieved a great pace in\nthe country and inviting international collaborations as well for their\nexpansion. Before we proceed further, let\u2019s find out whether they are profitable\nor not?<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a32fc110d825\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a32fc110d825\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#What_is_NGO_or_NPO_NGO_Registration\" title=\"What is NGO or NPO? NGO Registration\">What is NGO or NPO? NGO Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#What_are_the_different_types_of_NGOsNPOs\" title=\"What are the different types of\nNGOs\/NPOs? \">What are the different types of\nNGOs\/NPOs? <\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#By_level_of_orientation\" title=\"By level of orientation\">By level of orientation<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Charitable_Orientation\" title=\"Charitable Orientation\">Charitable Orientation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Service_Orientation\" title=\"Service Orientation\">Service Orientation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Participatory_Orientation\" title=\"Participatory Orientation\">Participatory Orientation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Empowering_OrientationAdvocacy\" title=\"Empowering Orientation\/Advocacy\">Empowering Orientation\/Advocacy<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#By_level_of_operations\" title=\"By level of operations\">By level of operations<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Community-Based_Organizations\" title=\"Community-Based Organizations\">Community-Based Organizations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Citywide_organizations\" title=\"Citywide organizations\">Citywide organizations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#National_NGO\" title=\"National NGO\">National NGO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#International_NGO\" title=\"International NGO\">International NGO<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Several_Acts_for_NGO_Registration_in_India\" title=\"Several Acts for NGO Registration in India\">Several Acts for NGO Registration in India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#NGO_registration_under_the_Trusts_Act_1882\" title=\"NGO registration under the Trusts Act, 1882:\">NGO registration under the Trusts Act, 1882:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#NGO_registration_under_Society_Registration_act_1860\" title=\"NGO registration under Society Registration act, 1860:\">NGO registration under Society Registration act, 1860:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#NGO_registration_under_Companies_Act_2013\" title=\"NGO registration under Companies Act, 2013:\">NGO registration under Companies Act, 2013:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#What_are_the_benefits_of_running_an_NGO\" title=\"What are the benefits of running an NGO?\">What are the benefits of running an NGO?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Exempted_from_paying_Income_and_other_Government_taxes\" title=\"Exempted from paying Income and other Government taxes\">Exempted from paying Income and other Government taxes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Separate_legal_entity\" title=\"Separate legal entity\">Separate legal entity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Funding_from_government_and_other_private_agencies\" title=\"Funding from government and other private agencies\">Funding from government and other private agencies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Good_staff_for_your_organization\" title=\"Good staff for your organization\">Good staff for your organization<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#No_minimum_capital_requirements\" title=\"No minimum capital requirements\">No minimum capital requirements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Ease_of_transferring_ownership_or_title\" title=\"Ease of transferring ownership or title\">Ease of transferring ownership or title<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Long_run_organization\" title=\"Long run organization\">Long run organization<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#National_and_International_collaborations\" title=\"National and International collaborations\">National and International collaborations<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/swaritadvisors.com\/learning\/is-ngo-a-profitable-business-a-complete-overview\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_NGO_or_NPO_NGO_Registration\"><\/span>What is NGO or NPO? NGO Registration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An NGO (Non-Governmental Organization) or NPO (Non-Profit Organization) is an organization consisting of a group of people, volunteers, institutions, social activists, community, and civilians working in a social voluntary organization for the welfare of the society. <\/p>\n\n\n\n<p>NGOs are\nprivate agencies that work with the cooperative objective to support local,\nnational or international development by raising awareness on social issues,\ninfluencing policy changes etc.&nbsp; <\/p>\n\n\n\n<p>If any\nperson wants to work for bringing some social change or for the welfare of the\nsociety, then they can work with an NGO without getting registered. <\/p>\n\n\n\n<p>An NGO can be identified in its own registered form and once it gets registered from all the authorities of the Indian government, it can get all the support from the government including the financial support for the organization as they are working for the welfare of the society. <\/p>\n\n\n\n<p>The main motive of these organizations is to work for the welfare of society and bring positive social changes when needed instead of earning profits.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_different_types_of_NGOsNPOs\"><\/span>What are the different types of\nNGOs\/NPOs? <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>NGOs\/NPOs are classified under different categories: <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"By_level_of_orientation\"><\/span>By level of orientation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2019\/06\/level-of-orientation.png\" alt=\"level of orientation\" class=\"wp-image-5203\" width=\"621\" height=\"209\" srcset=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2019\/06\/level-of-orientation.png 904w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2019\/06\/level-of-orientation-300x101.png 300w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2019\/06\/level-of-orientation-768x259.png 768w\" sizes=\"(max-width: 621px) 100vw, 621px\" \/><\/figure><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Charitable_Orientation\"><\/span>Charitable Orientation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>These NGOs are associated with charity i.e. meeting the\nneeds of poor people; providing them food, clothes, medicines, transport etc.\nthey may also influence provisions regarding shelter to them. These NGOs can\nalso undertake relief activities during the time of natural calamity.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Service_Orientation\"><\/span>Service Orientation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>These NGOs designed services like educational services,\nhealth services, consultation regarding family planning services etc for the\nsociety in which they invite people or group to implement and receive those\nservices. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Participatory_Orientation\"><\/span>Participatory Orientation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>These NGOs often focus on the community development projects where local people are invited to contribute some resources in the form of cash, machinery, labour etc. These organizations may often be preferred by cooperative groups and they are responsible for the planning to the implementation stage of the project.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Empowering_OrientationAdvocacy\"><\/span>Empowering Orientation\/Advocacy<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>These NGOs are focusing on a particular issue or a social\ncause. They are mainly involved in generating awareness among poor people\nregarding government policies, new rules and regulations, their rights and all\nthe factors which are affecting their lives. These NGOs act as facilitators and\nhence, encourage volunteers to work with them.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"By_level_of_operations\"><\/span>By level of operations<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Community-Based_Organizations\"><\/span>Community-Based Organizations<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>CBOs have been arisen by\nsociety\u2019s own initiative. They are associated to provide services to the\nsociety in the form of educational organizations, women club, health clubs,\nsports club etc and also aware urban poor people about all the services they\ncan avail on time. They are supported by local NGOs, or sometimes National and\ninternational NGOs as well.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Citywide_organizations\"><\/span>Citywide organizations<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>The organizations such\nas ethnic organizations, Lion\u2019s Club, Associations of Community Organizations\netc operate to help the poor and serve them best for their welfare. While some\nof them are operating for other purposes as well.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"National_NGO\"><\/span>National NGO<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>It includes those\norganizations which are operating and helping the society on national level\nsuch as RED CROSS SOCIETY;The Young Men&#8217;s Christian Association etc. These\norganizations have several branches in various states and help other NGOs as\nwell.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"International_NGO\"><\/span>International NGO<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>NGOs like <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/en.wikipedia.org\/wiki\/SOS_Children%27s_Villages\" target=\"_blank\">SOS Children&#8217;s Villages<\/a>, Catholic Relief Services,&nbsp;CARE International, and&nbsp;Lutheran World Relief may categorize under this type of NGO where they can assist different National and local NGOs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Several_Acts_for_NGO_Registration_in_India\"><\/span>Several Acts for NGO Registration in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Firstly, you would have to decide whether in which category\nyou want to register your organization. The registration process will depend on\nthe type of organization whether it is Trust, Society, Non-Profit Company or\nother form of NGO under Trusts Act, 1882; Society Registration Act, 1860;\nCompany Act, 2013 or any other Act\/Law.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"NGO_registration_under_the_Trusts_Act_1882\"><\/span>NGO registration under the Trusts Act, 1882:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Under this act, NGO must be registered for\ncharitable purposes like providing educational services, relief of poverty,\nMedical relief etc. For registration under this act the following are the\nrequirements:<\/p>\n\n\n\n<ol><li>Name of the NGO<\/li><li>The aim and objective of\nthe organization.<\/li><li>Minimum 2\nmembers\/Trustees.<\/li><li>Photo Identification\nproof, Address Proof( Aadhar card, Voter ID card, Driving License)<\/li><li>2 photographs of each\nmember.<\/li><li>Preparation of Trust\ndeed as Memorandum.<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"NGO_registration_under_Society_Registration_act_1860\"><\/span>NGO registration under Society Registration act, 1860:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Organizations who want to register themselves under this act may work for any charitable purpose or scientific purpose or any other purpose mentioned in Section 20 of the Society Registration Act, 1860. A minimum number of members who can register under this act is 7.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"NGO_registration_under_Companies_Act_2013\"><\/span>NGO registration under Companies Act, 2013:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Companies who want to establish under this act\nmust encourage and promote art, science, culture, charity and other beneficiary\nthings for the society. It is incorporative with the aim for the welfare of the\nsociety in any field.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_benefits_of_running_an_NGO\"><\/span>What are the benefits of running an NGO?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Exempted_from_paying_Income_and_other_Government_taxes\"><\/span>Exempted from paying Income and other Government taxes<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you registered your organization under Societies Act,\n1860, then you don\u2019t need to pay income tax as you are working for the society\nwelfare. You are also exempted to pay Entertainment and Service tax once you\nregistered under Trusts Act.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Separate_legal_entity\"><\/span>Separate legal entity<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>It has a separate legal entity in eyes of the government as like other private and public business forms.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Funding_from_government_and_other_private_agencies\"><\/span>Funding from government and other private agencies<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Once you registered as NGO, you will get financial support from government and other private agencies as well who want to contribute funds for the welfare of the society. If you registered your company under Trust act, 1882, then you will also get land from the government for your operations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Good_staff_for_your_organization\"><\/span>Good staff for your organization<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Employees or volunteers who want to work for your\norganization may contribute their full efforts towards your organization as\nthey are working for good cause from all heart instead of focusing on their\nsalaries factor.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"No_minimum_capital_requirements\"><\/span>No minimum capital requirements<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>There is no limit to start your NGO. Once you start working\nfor the society, the government or other private bodies will contribute funds\nto the organization.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ease_of_transferring_ownership_or_title\"><\/span>Ease of transferring ownership or title<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Once you registered you organization under Section8 of\nCompanies Act, 2013. Then you can easily transfer your ownership to other\nwithout any hindrances.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Long_run_organization\"><\/span>Long run organization<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This is an important advantage of running an NGO. If you are\nserving the society then, society will also support you to serve them better in\nfuture as well which ensures the long run operations of the organization.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"National_and_International_collaborations\"><\/span>National and International collaborations<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Once you start running as NGO, then your efforts for the\nwelfare and change for the society will invite National and International NGOs\nto collaborate with your organizations. In some cases, international companies\nalso invest in NGOs who works to help poor or for the society change.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Hence, it would be wrong if we say that NGO isn\u2019t a profitable business. If we operate for the welfare of poor people or to bring positive change in the society, then we can surely receive huge benefits from the government in the form of tax exemption, funding, land etc. as well from the society by their support in the activities of the organization. <\/p>\n\n\n\n<p>The only thing you need to take care while registering your\nNGO is motive of starting the organization. You must ensure that your aim\nshould be to work for the welfare of the backward communities and those\nin-needs. <\/p>\n\n\n\n<div class=\"read\"><p><b>Read, Also:<\/b> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/how-much-fees-is-required-for-section-8-company-registration-in-india\/\">How much fees is required for Section 8 Company Registration in India?<\/a><\/mark>.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NGO, the acronym of Non-Governmental Organization, are mainly set up for bringing a social change in the country. However, establishing an NGO and maintaining a better consistency is still a challenging task in a country like India. The reason for the same is several legal complexities and the NGO Registration. However, if you consult a [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":9134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[101],"tags":[1087],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/5098"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/comments?post=5098"}],"version-history":[{"count":24,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/5098\/revisions"}],"predecessor-version":[{"id":18633,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/5098\/revisions\/18633"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media\/9134"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media?parent=5098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/categories?post=5098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/tags?post=5098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}