Open for business

Most Non-governmental organisations (NGOs) have to rely on grants and donations from fundraising because Non-governmental organisations (NGOs) usually serve sections of the community that could not afford to pay the full cost of the service. NGOs do not usually choose their target groups according to who can pay for the service, but according to who needs the service most.

Opened for business

Opened for business (*)

(1) Where two or more trustees are appointed by any community of persons bound together by custom, religion, kinship or nationality or by anybody or association of persons established for any religious, educational, literary, scientific, social, development, cultural, sporting or charitable purpose, they may, if so authorised by the community, body or association (in this Act referred to as “the association”) apply to the Commission in the manner provided for registration under this Act as a corporate body.

(2) Upon being so registered by the Commission, the trustees shall become a corporate body in accordance with the provisions of section 830 of this Part.

The Commission shall determine the classification of associations to be registered under this Part in accordance with the aims and objects of the
association.

Register you NGO today with us.

To register an NGO, one need to follow laid down process. It's registration is peculiar in that it can only be done under Part A of the Companies and Allied Matters Act as a company limited by guarantee or by Part C of the Company and Allied Matters Act as Incorporated Trustees.

Capacity of Individual to form a Company

No. 3 Companies and Allied Matters Act, 2020
20.—(1) Subject to subsection (2), an individual shall not join in the formation of a company under this Act if he is—
(a) less than 18 years of age ;
(b) of unsound mind and has been so found by a court in Nigeria or
elsewhere ; (c) an undischarged bankrupt ; or
(d) disqualified under sections 281 and 283 of this Act from being a director of a company.

(2) A person shall not be disqualified under subsection (1) (a), if two other persons not disqualified under that subsection have subscribed to the
memorandum.
(3) A corporate body in liquidation shall not join in the formation of a company under this Act.
(4) Subject to the provisions of any enactment regulating the rights and capacity of aliens to undertake or participate in trade or business, an alien or a foreign company may join in forming a company.

To register an NGO, one need to follow laid down process. It's registration is peculiar in that it can only be done under Part A of the Companies and Allied Matters Act as a company limited by guarantee or by Part C of the Company and Allied Matters Act as Incorporated Trustees.

You are not yet running a real business if it has not yet been registered and gain legal entity.

Get your Association, humanitarian projects and NGO registered today.

Open for business 🥧

Open for business 🥧®

Happy Easter Celebrations to all our esteemed customers. More grace and prosperity.

Open for business

Open for business|®

Step 1

The first step is to obtain the consent of the Registrar General of the CAC for the proposed name of the NGO. You should write down 3 suggested names in a piece of paper and submit accordingly, and 2 alternatives in case the primary name is not available. Afterwards, you will do a name reservation request on the CAC portal as normal.

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Get your Association, humanitarian projects and NGO registered today.

COST?

MEETINGS AND PROCEEDINGS OF COMPANIES

(1) Every public company shall, within a period of six months from the date of its incorporation, hold a general meeting of the members of the company (in this Act referred to as “the statutory meeting”).

(2) The directors shall, at least 21 days before the day on which the statutory meeting is held, forward to every member of the company a copy of
the statutory report.

(3) The statutory report shall be certified by not less than two directors or by a director and the secretary of the company and shall state—

(a) the total number of shares allotted, distinguishing shares allotted as fully or partly paid-up than in cash, and stating in the case of shares partly
paid-up, the extent to which they are paid up, and the consideration for which they have been allotted ;

Non-governmental organisations (NGOs) are organisations that are not part of government and do not exist to make a profit from the work of the organisation for the owners or members of the organisation. They exist to serve some public purpose rather than just serving the personal interests of the owners or members of the organisation.

They exist for the benefit of the general public or specific sections of the public. If members receive payment or benefits, it is only in the form of a reasonable salary and benefits in return for the work that is done as an employee of the organisation. Any profit that is produced is used by the organisation to make a greater impact in terms of their public purpose.

CONCLUSION

Business name registration is indeed a convenient and fastest means of setting up a small business in Nigeria. The procedure for how to register a business name is less tasking compared to the procedure for a company registration in Nigeria. The advantages of registering a business name include simplicity in registration, and affordability, as there is no need to pay stamp duty.

A lawyer may also be hired to carry out the registration, especially where the business involves more than one proprietor and a partnership deed stipulating the agreements between partners or proprietors required to be drafted and duly filed with the CAC.

Now, say there is another NGO that does the same thing. Yes, that happens. Sometimes another person, somewhere, is thinking the exact same thing you are thinking. Or maybe they just overheard you in a beer parlour or hair salon talking about your interests and decided to copy you.

You must not corporate in this regard. I know sometimes donors will require coalitions on some issues. In those instances, endure it. Join the coalition for the purpose of accessing funds and looking good. But when it comes to your day to day work, ignore the rival NGO. Nothing good can come from sharing ideas or working together. People just want to steal your ideas and get all the money from donors.

If you want to be really involved in your immediate society. If you need to leave a greater impact and stay fulfilled, then you should think about having a registered NGO. You can organize your NGO around specific issues, such as:

human rights
environment or health
develop communities
encourage social responsibility
Micro finance
promote education
agricultural development
supporting human welfare
Support the poor and so on.

Moreover, the function of an NGO may be grounded in other areas, such as protecting the environment and promoting animal welfare.

Blessed Sunday

Most Non-governmental organisations (NGOs) have to rely on grants and donations from fundraising because Non-governmental organisations (NGOs) usually serve sections of the community that could not afford to pay the full cost of the service. NGOs do not usually choose their target groups according to who can pay for the service, but according to who needs the service most.

There is a lot of benefit from have your NGO registered. Register your business with us and gain legal and formal representation.

Please be well informed the under listed processes have been deployed and are active on the Companies Registration Portal (CRP):

1. Alteration of Memorandum & Articles of Association for Companies (MEMART).

2. Amendment of Constitution for Incorporated Trustees.

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Although an NGO is not commercial entity, the Corporate Affairs Commission views it as an entity and need to be registered. To register an NGO, one need to follow laid down process. It's registration is peculiar in that it can only be done under Part A of the Companies and Allied Matters Act as a company limited by guarantee or by Part C of the Company and Allied Matters Act as Incorporated Trustees.

Let's Register your Non Governmental organization