A Nonprofit Organisation (NPO) is an organisation that uses its surplus revenues to further achieve its purpose or ‘mission’, rather than distributing its surplus income to the Organisation’s Directors / Shareholders (or equivalents) as profit or dividends. We can assist with your Non Profit Organisation (NPO) Registration.
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To register an NPO (and get an NPO number), you need to back your entity with a formal non-profit company formation document – called an NPC Registration Document.
We are going to follow the procedures below to ensure your NPO is successful registered at the DSD in the shortest possible time:
South Africa’s “Register of Nonprofit Organisations (NPO’s)” is a voluntary registration facility that enhances the credibility of the registered NPO, because it reports to a public office. The NPO Directorate, as a public office, holds information about registered NPO’s for the public to access, thus increasing the transparency and accountability of the organisation beyond its immediate role-plays.
An NPO stands for a Non-Profit Organisation. It is a Non Profit Company (NPC), Voluntary Association or Trust that is registered with the Government and established for a public purpose where the income and property are not distributed to its members or office bearers, except for reasonable compensation for services rendered, in terms of section 1 of the NPO Act 71 of 1997. Instead the income and property is used for “objects / purposes / missions” which are community based or non-governmental objectives.
Funding Opportunities. For this purpose, having a registered NPO number creates trust with your donors and promotes better access to government or corporate funding.
A South African Organisation like an NPO may apply at SARS to become recognised as a Public Benefit Organisation (PBO) and be EXEMPTED from paying Income Tax. The purpose of the organisation MUST however be purely ‘not for profit’ and meet the requirements of the Income Tax Act of 1962.
We can assist with PBO Registration – Read more about PBO Registration HERE.
An NGO/NPC will get more Donors, because most of them prefer organisations to be registered as PBO’s for their own Tax Benefits and trust.