REGISTRATION OF GLOBAL THEOLOGICAL ALLIANCE COUNCIL AS NON-PROFIT ORGANIZATION AND NON-PROFIT ORGANIZATION
Enterprise Number: 2025/757161/08 NPC and NPO Number: 321-039 NPO
Enterprise Name: 12 ALLIANCE PARTNER ORGANIZATIONS
Income SARS Tax Number: 9725761192
A not-for-profit company (NPC) is a legal entity established for a public benefit purpose, such as promoting cultural, social, or communal interests, and its income and property are used to advance its mission rather than being distributed to members. They are structured similarly to for-profit companies but cannot pay dividends or distribute shares, and any surplus funds must be used for the company's stated objectives. Unlike some other organizations, NPCs are registered with a government body, such as the Companies and Intellectual Property Commission (CIPC) in South Africa, and must comply with their own Memorandum of Incorporation
Key features
Public benefit purpose:
Their primary goal is to serve the public good, whether through charity, social welfare, education, or other activities.
Non-distribution of profits:
Any income or property generated is reinvested to achieve the company's objectives. Members, directors, and officers cannot receive profits beyond reasonable compensation for services rendered.
Legal structure:
They operate under a Memorandum of Incorporation (MOI), which outlines the rules for the company's management and objectives.
Governance:
They must have a minimum number of directors (e.g., three in South Africa) to be responsible for the company's governance.
Registration:
NPCs are registered with a government authority like the CIPC. They are distinct from other non-profit organizations like trusts or associations, which have different registration requirements.
Registering a Non-Profit Organization (NPO) in South Africa involves submitting a completed application form and the organization's constitution to the Department of Social Development (DSD) online or at a provincial office. The organization must have a founding document complying with Section 12 of the NPO Act. Registration is free and enhances credibility, with approval typically taking about two months.
Key Requirements and Steps:
Entity Types: Registration is for non-governmental organizations (NGOs), community-based organizations (CBOs), or faith-based organizations (FBOs).
Documentation: Prepare a constitution or founding document that meets the requirements of Section 12 (A-O) of the NPO Act.
Registration Process:
Online: Use the DSD online portal (www.npo.gov.za) for registration.
In-person: Submit documents to the nearest provincial social development office or the NPO Directorate in Pretoria.
Cost: Registration with the DSD is free.
Compliance: Post-registration, NPOs must submit annual reports and financial statements to the DSD to remain compliant.
Important Information:
The registration process requires a governing board (structure) to be in place.
The DSD now issues electronic certificates due to postal challenges.
Non-profit companies (NPCs) are registered with CIPC, which is different from NPO registration with the DSD, though they can be both