HOW TO SET UP A CHARITABLE ORGANISATION OR NGO IN NIGERIA

A charitable organization or non-governmental organisation (“NGO”) can be registered in Nigeria as either a Company Limited by Guarantee (“Ltd/Gte”) or an Incorporated Trustee (“IT”) depending on the intentions of its promoters and the intended scope of operations. The registration of business entities and NGOs is governed by the Companies and Allied Matters Act 2020 (“CAMA”) and the Companies Regulations 2021, which set out their incorporation requirements, operation guidelines, mandatory returns and other compliance obligations as well as their winding up procedures.  In this article, we highlight the differences between both business structures as well as the requirements, costs and … Continue reading HOW TO SET UP A CHARITABLE ORGANISATION OR NGO IN NIGERIA