Formation & Registration of a Non-Government Organisation (NGO)
An NGO is a non-profit making non-government body whose aims and objectives shall be to achieve sustainable human development on a voluntary non-profit basis. Any organization desirous of being registered under the NGO Act (Cap.20.59) shall apply to the Registrar in writing, and submit the Constitution or Memorandum and Articles of a Company limited by Guarantee, a statement of the objectives of the NGO, Organization Structure, and list of its membership and management.
Every NGO registered under the NGO Act shall implement internal accounting and administrative proceedings, and must comply with utilizing its financial and other resources for attaining its aims and objectives. These Entities are subjected to the provisions of the Anti-Money Laundering Regulations (No.46 of 2011) made under the Proceeds of Crime Act (Cap.4.28) and any other pertinent legislation, to promote good governance and financial accountability to safeguard against money laundering and the financing of terrorist activities.
NGOs must comply with the provision of filing Annual Audited Statements, certified copies of its financial standing and a Report of its program of activities and policies during the financial year to the Registrar of NGOs
Any NGO registered under the NGO Act (Cap.20.59) shall be exempted from the payment of Corporate Income Tax and the payment of Business Tax.