CSR Registration For Trusts - Form CSR-1 - Apply Online, Fees

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CSR Registration for Trusts - CSR-1


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Privacy - Terms
CSR Registration of Trust for
CSR Activities- Form CSR-1,
Filing Fees, Benefits, and
documents Required
Updated on April 08, 2024 10:31:13 AM

CSR Registration permits a Trust to receive CSR


funding from eligible corporate entities to carry out
different CSR initiatives. CSR stands for Corporate
Social Responsibility which means a system that
promotes the responsibility of the corporate world
towards the society through which non-profit
organizations (NGOs and trusts) are able to obtain
financial and other support from the business world.

The aim of bringing together all NGOs through the online


portal is to develop an effective CSR spending monitoring
system. The registration process for CSR-1 for Trusts is
completely online and can be completed by Practicing
CMA, CS, or CMA certification.

Read on to learn more about the process of registering


your trust for CSR activities and the complete
requirements of CSR registration for trusts.

What is CSR Form-1 registration for Trust?


Trusts Eligible for receiving CSR funds
The CSR-1 Filing Form Fees for Trusts
Documents required by a Trust for CSR registration
What CSR-related activities are allowed according to
the company's Act, 2013
CSR Registration Benefits for Trusts
How do I apply for a CSR-1 form for Trusts?
Frequently Asked Questions

CSR-1 Approval Letter CSR-1 Sample Form

What is CSR registration for


Trusts?

The CSR-1 form is for NGOs and trusts to register on the


MCA portal. The form must be filled out by entities(Mostly
Non-Governmental Organizations) to improve their
chances of receiving donations and CSR funding from
businesses that are entitled to give 2% of their net
earnings to CSR actions.
The Ministry of Corporate Affairs has made it mandatory
to file the CSR Form for trusts to obtain funding from
corporations. Businesses and NGOs are brought together
under one roof where businesses are able to find the
appropriate organization to donate funds, while Non-profit
organizations can display their plans in their project
reports and receive CSR funding.

Eligibility for receiving CSR


funds for Trusts

Public Trusts registered under sections 12A and 80G


of the income tax Act, 1961
Registered trusts established with the assistance of
government officials from the Central State
Government or State Government.
Entities that are created through the laws of a State
Legislature or an Act of Parliament.

A company can take on CSR initiatives independently or


through agencies who plan to engage in CSR activities
have to declare their on the MCA portal by filing the CSR-1
form online.

Important: To receive funds via foreign funding sources,


Trusts require to register for an FCRA certificate in
addition to CSR registration.
CSR registration can be applied
to which businesses?
As per the Companies Act of 2013, it is mandatory for
certain corporations to invest 2 percent of their net
profits in the financial year in CSR actions. According to
the Companies Act, The CSR clause applies to
businesses that:

The net worth of Rs 500 Cr or more in a financial year


or,
A turnover of Rs 1000 Cr or more in a financial year
or,
A Net profit of Rs 5 Cr or more.
CSR-1 Registration Fees for
Trusts
The cost to file an electronic CSR-1 form for Trusts is
just ₹2,499, but the total amount could differ based on
the validity of the Chairperson's DSC. If the chairperson
holds an active DSC and the filing fee will be just ₹299.

If the chairperson isn't able to obtain an approved DSC,


the cost would be Rs.1,200 (for DSC) + Rs2,499 (Filing
Fee) is equivalent to Rs 3,699.

CSR Registration Costs for Trusts

CSR Filing Fees for the


filing of a CSR with a Valid ₹2499
DSC

CSR Filing fees without ₹1200(DSC) +


valid DSC ₹2499(Filing) = ₹3699

Note: The aforementioned Fees is exclusive of GST.

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Documents Required for CSR
registration for Trusts
Here is the list of documents required for CSR-1
registration for Trusts:

12AB & 80G Registration Order Copy


PAN card of the Trust
DIN/PAN of the Secretary, Trustee, and Director of
the company.
DSC of the entity applying
Trust Deed
Email ID and Mobile Number
Details of members of the organization
What CSR-related activities are
allowed according to the
company's Act, 2013

To regulate the CSR activities of non-profit organizations


and to ensure that the use of CSR funds is actually
increasing the standard of living in our nation, the CSR
committee has prepared an exhaustive list of tasks that
can be carried out with the help of CSR funds that
corporate companies provide.
The following CSR actions are permitted for trusts and
NGOs in accordance with the company act 2013, 2013

National heritage protection Culture, art, and


heritage
Establishing Public Libraries
Handicrafts and traditional arts development and
promotion
Actions in support of military veterans, war widows,
and their families
Training for the promotion of rural sports, nationally
recognized sports, Paralympic sports, and Olympic
sports
Funds or contributions to technology incubators
within universities that are endorsed by the Central
Government
Elimination of Hunger
Malnutrition and poverty
Promotion of sanitation and health care
Access to safe drinking water
Inspiring education in young women, senior citizens,
and people with disabilities
projects to improve livelihoods
Promotion of gender equality and women's
empowerment
The establishment of hostels and homes for
orphans and women
The establishment of elderly homes, daycare
centers, and similar facilities for seniors
Actions to decrease inequalities incurred by
economically and socially backward groups
Assuring sustainability of the environment and
ecological balance
Protection of animals and plants( Animal Welfare &
Agroforestry)
Conservation of Natural Resources
The maintenance of soil quality and the quality of air
and water

CSR Registration Benefits for


Trusts
CSR registration is beneficial to both charitable trusts
who seek CSR funds as well as corporate companies
that provide CSR funding.

Helps Trusts in obtaining CSR funds


When public Trusts register for CSR, they have the
chance to draw the attention of corporations willing to
offer substantial financial assistance to run CSR
initiatives. The process of getting corporate donations
and funding from businesses is made simpler due to
the absence of legal hurdles.
Builds the Authenticity of trusts
The funds generated through CSR are utilized to
support social development, and they affect the quality
of life of marginalized and economically depressed
people so that they can live healthy and decent lives.
CSR is a company-wide effort to assess and take
responsibility for business operations on the
environment and its impact on social well-being.

Builds the Reputation of the Company


Corporate companies who are involved in a cause
improve the reputation of the brand among people. It's
also a powerful assertion for businesses to
demonstrate their values. It aids its employees and the
business by contributing to something bigger than the
needs of its employees. CSR can also provide a feeling
of belonging for employees. It builds bonds among
employees and also their loyalty towards the
organization.

Supports positive environmental and social


transformations
CSR is a part of the company's efforts to protect the
environment and promotes positive social and
environmental changes. CSR initiatives are focused on
the promotion of education, health, and water, as well
as social and environmental empowerment.

How do I apply for a CSR-1 form


for Trusts?
Process of CSR-1 registration:

Documentation
Filing on MCA Portal
Inspection of the Form

Approval Letter from MCA

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Frequently Asked Questions
(FAQs)

How much does it cost for CSR registration of a


Trust?

Which CSR activities can be performed by a


Public trust?

How to get CSR Funds from Companies?


How long does it take to register a CSR-1 for
Trust?

Why should non-profit organizations(NGOs) file


Form CSR-1?

Is 12A & 80G required for CSR Registration?

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