Non Profit Organization as the name suggests is a not for Profit institution, which is formed for a social cause. In Financial terms the Non Profit organization utilizes its surplus of its income in order to achieve their purpose. Generally they operate in scientific, research or for educational purpose.
How to setup or incorporate NGO in Dubai?
Any company which plans to incorporate Non Profit Organization in Dubai must be registered with any of the countries with whom UAE has political relations or should be a subsidiary by any of the organizations of U.N. Also the Association should have professional activity.
Where to Register in Dubai
Non Profit Organization also can be set up in Dubai Knowledge village, International Humanitarian City zone. In both these free zones associations can be formed only as branch registration of existing license. The company should be minimum one year old and also audited financials need to submit in order to get the approval from the authority.
Charity is good if done in a legal way
Getting involved in charity practices would be an ideal activity for anyone as a kind gesture. But it also important in having the right paper work and the right approvals for the same.
Things required for incorporating a NGO in Dubai:
1.Memorandum and Articles of Association attested from the relative authorities in the parent country and Ministry of Foreign Affairs in UAE
2.Attested Board resolution signed by all Directors of relevant authority to open a branch/ in UAE attested from the relative authorities in the parent country and Ministry of Foreign Affairs in UAE.
3.Attested POA with Name of the Managing Director to manage or establish a branch attested from the relative authorities in the parent country and Ministry of Foreign Affairs in UAE
4.Names of members of the association in UAE.
5.Details about activities to be carried out by association in UAE.
6.Details about activities to be carried out by the association established in the Emirate
7.Audit report of the previous Year to be submitted.
This blog post is written by Mr. Ashwin. Feel free to call our Business setup Consultants in Dubai for a quality consultation. Please send inquiry to email@example.com or call +971 4 4542366.