How To Register Non Profit Organization In Singapore

Instead the surplus is used to expand and grow the organization.

How to register non profit organization in singapore. Registration as a public company limited by guarantee. Non profit organizations npos are legal entities in singapore. A non profit entity registered as a society is a little less formal than a public company limited by guarantee. In singapore an npo can be set up any one of the three forms and can be known as voluntary welfare organizations vwos. A non profit entity is an organization that does not distribute or share its profits or surplus income amongst its registered members.

To apply for the ipc status the organisation has to be a registered charity or an exempt charity or other charity that is not required to be registered by virtue of section 5 4 of the charities act. Charities and non profit organisations are required to register for gst if their annual taxable supplies exceed s 1 million even if they are engaged mostly in non business activities. Setting up a non profit entity singapore registered with acra brings forth and eradicates the issues related to religious scientific or artistic origin. Foreign nationals who are seeking to set up an npo in singapore must first decide the type of non profit entity they wish to register. Another stipulation is that the company secretary and at least one of the directors must be a resident of singapore.

Registration of non profit organisations in singapore non profit organisations npos also referred to as voluntary welfare organisations vwos are divided into 3 categories in singapore. Generally the incorporation process of a non profit organisation in singapore is the same as that of a private limited company in singapore the main difference being the absence of the requirement to have an issued and paid up share capital as a npo is usually incorporated as a public company limited by guarantee i e. There are more than 200 registered non profit entities in singapore operating in the main cities such as tampines and choa chu kang. Additional conditions to qualify for ipc status. For information on all the requirements for establishing a non profit organization in the city state you can refer to our company formation consultants in singapore.

To run a public company limited by guarantee at least 1 director and 1 member are needed plus a company secretary. The size and structure of the intended organization and its source of funding may become key determinants when choosing the type of organization to register in singapore. Singapore ngos registered as companies and societies must have 2 directors and a secretary respectively a treasurer and a president who must be singapore residents. For more information on gst registration please refer to registering for gst.