Do you need to register a non-profit company ( NPC ), an NPO or an NGO ? We will do your non-profit Company Registrations at CIPC within the quickest possible timeframe.
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.
(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, especially the donors.
- 3 Directors: A minimum of three Incorporators (Initial Directors) need to complete and sign the Memorandum of Incorporation (MOI) that we will setup.
- South African Business / Home Address.
- ID Document / Passport.
Firstly we search the availability of the NPC Name you want.
(2) Name Reservation
If your preferred NPC Name seems to be available, we reserve that NPC Name with CIPC. If your NPC Name is already used, we will assist you to register an alternative NPC Name suitable for your industry.
After we have successfully reserved your NPC Name and received your required documentation, we will register your New NPC at CIPC in the fastest timeframe possible.
After CIPC has registered your NPC, the NPC Certification documents will be made available on your Customer Account (we will notify you via email).
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.
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.
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.