Non-Profit Company NPCSouth Africa
What it takes to form, own and run an other legal form in South Africa, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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A person is not, solely by reason of being an incorporator, shareholder or director of a company, liable for any liabilities or obligations of the company, except to the extent that this Act or the company's Memorandum of Incorporation provides otherwise.
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A non-profit company must have at least three incorporators and three directors
The registry’s and the law’s own pages do not mention it.
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Private company with standard MOI; Non-profit company without members and with standard MOI or Co-operative R125
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Not required
- A resident director
- Not required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- At least 3 · individuals only
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A non-profit company must have at least three incorporators and three directors
- Shareholders
- Does not apply
- Members
- At least 0
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A non-profit company is not required to have members.
- A local company secretary
- Not required
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A public company or state-owned company must appoint a company secretary.
- A local registered agent
- Not required
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Each company or external company must- (a) continuously maintain at least one office in the Republic; and (b) register the address of its office, or its principal office if it has more than one office-
Each year, at the registry
- Annual registry fee
- ZAR 100 (about €5.44)
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Less than R1 million R100 R150 R1 million but less than R10 million R450 R600 R10 million but less than R25 million R2000 R2500 R25 million or more R3000 R4000
- Accounts on the public record
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the NPC are in our records.
What is public
- Directors
- Public
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has a right to inspect or copy the securities register of a profit company, or the members register of a non-profit company that has members, or the register of directors of a company
- Beneficial owners
- To the authorities only
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has a right to inspect or copy the securities register of a profit company, or the members register of a non-profit company that has members, or the register of directors of a company
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Flat · 27%+1 regime
Companies: 27% for years of assessment from 1 April 2024 (SARS companies rate table). Any tax exemption for a non-profit company is not stated on the pages read.
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1 April 2026 to 31 March 2027 27%
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
Special regimes that may apply
- Special economic zones free zone · 15%
Qualifying companies carrying on business from a fixed place of business in a special economic zone designated by the Minister of Trade and Industry and approved by the Minister of Finance Income Tax Act 58 of 1962, s. 12R
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in South Africa
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- A solvent company may be wound up voluntarily by members or by a creditor by special resolution; deregistration is voluntary on application (CIPC forms and fees page).
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may be wounded up voluntarily by members or by a creditor
- Statutory fee
- Not in our records
Every business in South Africa
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for South Africa.
Payment and banking services
1 service names South Africa on its own list: Stripe. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Other legal formDerived our grouping, the same words in every country
- Name in law
- Non-Profit Company (NPC)
- ISO 20275 code
- J7L0Secondary GLEIF, Entity Legal Forms code list