What Is Society Registration, And Why Is It Important?

Society registration legally establishes a group for common purposes, gaining recognition and separation from individual members.

Key Features of Society Registration

1. Legal Recognition: Society registration provides legal recognition as a separate entity, crucial for contracts and property ownership.

2. Perpetual Succession: A registered society enjoys perpetual succession, unaffected by changes in membership or leadership.

3. Limited Liability: Members generally have limited liability, protecting their assets from society's debts.

4. Management and Governance: Registration involves creating a governing body for structured decision-making and management.

5. Access to Funding: Registered societies may find it easier to access funding from various sources.

6. Credibility and Trust: Registration enhances credibility, signifying a commitment to transparency and legal adherence.

7. Tax Exemptions: In some jurisdictions, registered societies may be eligible for tax exemptions or benefits.

8. Legal Standing in Court: A registered society has the legal standing to sue or be sued in a court of law.