CSR-1 Registration is governed by the Ministry of Corporate Affairs and is applicable to all NGOs that intend to implement CSR projects funded by companies. The process involves filing Form CSR-1 online along with necessary documents such as registration certificate, PAN, and details of governing body members. The form must be digitally signed by an authorized signatory and certified by a practicing Chartered Accountant, Company Secretary, or Cost Accountant.
The registration process ensures that the NGO meets eligibility criteria, including having a valid registration under Trust, Society, or Section 8 Company laws and a track record of activities (in some cases). Once approved, the organization receives a unique CSR Registration Number, which must be quoted while receiving CSR funds.
CSR-1 Registration also promotes transparency by maintaining a centralized database of eligible NGOs. Companies can verify the credentials of NGOs before collaborating with them, ensuring proper utilization of CSR funds. For NGOs, it serves as a gateway to accessing corporate funding and expanding their impact.
CSR-1 Registration enables NGOs to receive CSR funding from companies.
Yes, it is compulsory for receiving CSR contributions.
Trusts, societies, and Section 8 Companies.
It is a unique number issued by MCA after CSR-1 approval.