Shelf Non Profit Company / Organisation

Do you need to register a Shelf Non-Profit Company ( NPC ), an NPO or an NGO ?  We will do your non-profit Company (primary non-profit format in SA) Registrations at CIPC within the quickest possible timeframe. Get a NPC Number in 24 hours by taking this Shelf NPC option.

The primary objective of this entity format is to be a benefit to the public; protect the environment or stand for a social cause.  Unlike the Pty company format, NPC’s does not make a profit, but only use the company’s funds towards the community / cause.  The income / donations produced by the NPC cannot be distributed to the members / Directors of the non-profit company, except as reasonable compensation for services rendered by them.

The name of a non-profit company will end with the acronyms “NPC”. An NPO and NGO are closely related formations, but an NPC is the most popular non-profit organisation format in SA.

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Advantages:

(1) Donations and grants

Donations should become more as the Company Format is recognised in South Africa and donations are tax deductible. The NPC may also apply for grants and funding from the government with an NPC.

(2) Formal Charity

Formalise your charitable organisation. The NPC format accountable to the stakeholders and public under the Companies Act of 2008 – this protects everyone, especiaily the donors.

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Requirements:

  • 3 Directors: A minimum of three Incorporators (Initial Directors) need to complete and sign the Memorandum of Incorporation (MOI) that we will setup.
  • ID Document / Passport.
  • South African Business / Home Address.

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Process:

(1) Transfer ownership of the Shelf NPC

We will send you the NPC Registration Number within 24 hours after payment has been cleared. You can start using it immediately.

(2) Reserve your NPC Name

We will proceed with the reservation of your Shelf NPC name with CIPC.

(3) Process the Director, Address and NPC Name Amendment

To ensure your Company has all the correct details after the transfer of ownership, we will proceed with the amendments at CIPC.

(4) Send Amended Registration Certificate

The Amendment is then registered with the CIPC and Department of Trade and Industry (DTi). After receiving the COR 39 document to prove this, we upload your Registration Certificate for your amended Shelf NPC to your profile where you can then download it.

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More about Non-Profit Companies and Non-Profit Organisations

For your public society to be recognised as a legal entity you must register it as an NPC.

These entities are formed to assist people. The primary objective of a non-profit company is to benefit the public and not to make a profit.

 

In terms of Section 1 of the NPO Act, an NPO is defined as a trust, company of other association of persons established for a public purpose and of which its income and property are not distributable to it’s members or directors except as reasonable compensation for services rendered by them.

 

Once the NPC is registered, you may use this NPC as a Trust or a Constitution to apply for a Non-Profit Organisation number at a registered charity organisation.

 

Functions:

NPC’s have a wide diversity of structures and purposes:

  • Tax status of corporate and private donors
  • Tax status of the foundation
  • Provisions for the amendment of the articles of incorporation
  • Provisions for the dismissal of the entity
  • Accountability and auditing provisions
  • Representation supervision and management presentation
  • Economic activity

 

Most larger companies are similar to corporate business entities in quite a few aspects, however there often are significant differences. Both not-for-profit and for-profit corporate entities must have board members, steering committee members of trustees who owe the company fiduciary duty of loyalty and trust. A notable exception to this are Churches who are often not required to disclose finances to anyone.

 

Formation and Structure:

The two major types of NPC’s are membership and board-only.

 A membership company elects the board, have regular meetings and they also obtain the power to amend the bylaws.

A board-only company typically has a self-selected board. A board-only company’s bylaws may even state that it has no membership, however the company’s literature may refer to its donors as members.

 

Conclusion:

Instead of being described by negative sounding “non” words, some companies are suggesting more positive sounding terminology to describe the sector. The Centre for the Study of Global Governance as well as a growing number of companies has used the “civil society company”. A more broadly applicable term, “social benefit company” has been advocated for by companies.