Introduction The term ‘Non-Profit Organisation’ could be misleading because it suggests that entities in this category do not make a profit, which is not the case. Non-profit organisations are essentially organisations that are prohibited from distributing profits to their members or officers. They could be incorporated; in which case the governing corporate law provides for … More Tax exemption for Non-profit organisations is not absolute
Many entrepreneurs find themselves in a fix when it comes to registration of their businesses because they are not sure which mode of registration would work best for them. For profit making ventures, there are two main avenues of registration available at the Corporate Affairs Commission: company and business name.