How To Register Non Profit Organization In The Philippines
In order to set up a corporation in the philippines the incorporation process is lodged with the securities exchange commission sec.
How to register non profit organization in the philippines. We have some sponsors abroad but before we start operating we need to register our organization. What are the process. Once you receive ngo status operate your non profit organization according to your country s rules and regulations. A foundation is a type of non profitable organization that should donate money or goods for charitable reasons. Go to the regional district office rdo where your business is located.
Register with the bureau of internal revenue bir once you have the mayor s business permit you can now register with the bir. I m in the philippines thanks. Then apply for ngo status through the applicable governmental department. The following are guidelines on how to register a foundation 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.
Complete address of each incorporator. Starting a foundation in the philippines is somehow similar to start a profitable generating business. To register as an ngo start by organizing the necessary documentation for the application. Friday july 29 2016 8 10 am subject. A foundation applying for registration shall submit or comply the following documents requirements in addition to requirements for non stock non profit corporation.
Thus the following documents must be submitted with the sec. Generally non profit entities have the same formal registration requirements as normal business enterprises. Statement of willingness to allow sec to conduct an audit. At least five 5 incorporators majority of them must be residents in the philippines. Contribution of incorporators and members.
Notarized certificate of bank deposit of the contribution of not less than php1 000 000. Here are the basic steps and requirements. 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. To register a non stock non profit corporation you need to have the following to start with. 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.