Non Profit Company

[cmsms_row][cmsms_column data_width=”1/1″][cmsms_heading type=”h1″ font_size=”16″ font_weight=”500″ font_style=”normal” text_align=”left” margin_top=”0″ margin_bottom=”20″ animation_delay=”0″]A non-profit company is a company incorporated for public benefit or other object relating to one or more cultural or social activities, or communal or group interest.[/cmsms_heading][cmsms_toggles mode=”toggle” animation=”fadeInUp” animation_delay=”100″][cmsms_toggle title=”Knpw More About Non Profit Company (NPC)”]The income and property of a non-profit company is not distributable to its incorporators, members, directors, officers or persons relating to any of them and must be used to advance the purpose for which it was created, as set out in its MOI. A non-profit company must have at least three incorporators and three directors and may be registered with or without members. A non-profit company is not required to have members. The members of a non-profit company are persons who participate in the activities of the non-profit company, such as members of a church or a pension fund. Non-profit companies registered without members, may be registered with a standard or a customized Memorandum of Incorporation (MOI).[/cmsms_toggle][/cmsms_toggles][cmsms_text animation_delay=”0″]

[/cmsms_text][/cmsms_column][/cmsms_row]

X
Recent Registrations