A non-profit organization is a legally independent entity created for charitable, religious, educational, sports, or patriotic purposes. As a form of limited company, the key distinction from commercial entities lies in the inability to issue shares for dividends. The organization cannot operate with the goal of benefiting its members, directors, or management personnel financially. All financial gains must be reinvested in activities aligned with the organization’s founding purposes.
Non-profit organization registration package:
Agent application fee: $99
Government management and registration fees: $350
Non-profit bylaws prepared by a lawyer: $150