w Non Profit Company | Not for Profit Company
Non Profit Company
7B N1 City Mews | N1 City, Goodwood | 021 595 4433

NON Profit Company


A Non Profit company is a company that is registered with the aim of assisting or promoting the community. It is a company in its own right and falls under the jurisdiction of the companies act.

Time

About the same time as a normal company registration from 3-6 weeks

Costs

R600 (For the first 3 directors. R50 for each director after that.)

Important things to note

There has to be at least 3 directors in a non profit company at any one time

Being non profit does not mean that you will not pay tax. This is a separate request from SARS and will only be granted if you fulfill certain criteria. Primarily that you are not competing in the business world, as if you are a normal enterprise.

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