How To Register Non Profit Organization In The Philippines

A foundation is a non stock non profit corporation established for charitable religious educational athletic cultural literary scientific social welfare or other similar objectives.

How to register non profit organization in the philippines. To register as an ngo start by organizing the necessary documentation for the application. Then apply for ngo status through the applicable governmental department. However in lieu of the authorized capital stock and minimum subscription requirements it is required that the majority of its members should have philippine residency. We have some sponsors abroad but before we start operating we need to register our organization. While this corporation enjoys some tax breaks legal procedures must be followed during the set up.

Thus the following documents must be submitted with the sec. A foundation is a type of non profitable organization that should donate money or goods for charitable reasons. Notarized certificate of bank deposit of the contribution of not less than php1 000 000. New comment how to register a non stock non profit corporation with the philippines sec yiv7164620604 a hover color red yiv7164620604 a text decoration none color 0088cc yiv7164620604 a yiv7164620604primaryactionlink link yiv7164620604 a yiv7164620604primaryactionlink visited background. In order to set up a corporation in the philippines the incorporation process is lodged with the securities exchange commission sec.

I and some friends is organizing a group in our community with our objective in helping and providing public service in our locality including charity works. I m in the philippines thanks. Here are the basic steps and requirements. Statement of willingness to allow sec to conduct an audit. Friday july 29 2016 8 10 am subject.

Starting a foundation in the philippines is somehow similar to start a profitable generating business. At least five 5 incorporators majority of them must be residents in the philippines. The following are guidelines on how to register a foundation in the philippines. Generally non profit entities have the same formal registration requirements as normal business enterprises. Bir tax identification number tin of each incorporator.

Securities and exchange commission sec registration requirements. Register with the bureau of internal revenue bir once you have the mayor s business permit you can now register with the bir. Contribution of incorporators and members. Complete address of each incorporator. What are the process.