Incorporated Trustee

Incorporated Trustee

Incorporated Trustee

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Vobels Digital Agency

Incorporated Trustee REGISTRATION

Set up your Non- Profit
Organization

Non-Profit Organizations, also known as Incorporated Trustees, are vital for social and public benefits in Nigeria, encompassing NGOs, churches, clubs, and community associations. Under the Companies And Allied Matters Act 2020 (CAMA), these entities are carefully regulated to ensure their effective operation.

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FAQ

You Can Find All Answers Here

 They are usually set up for a social cause that is common to the members. This structure is tax-exempt and derives funding from donations, contributions, or community outreach which is channeled back to their objectives to make a greater impact in terms of their public purpose.

 The process of registering an incorporated trustee includes:

  1. Apply for consent with the following details: Name of the Incorporated Trustee, Email Address, and registered address of the Association. Also, the names of the trustees (designated chairman and secretary), aims, and objectives are needed to file for consent.

  2. Upon approval, a newspaper publication is done in 2 national newspapers, and there is a wait period of 28 days before filing.

  3. Filing is concluded by uploading minutes of the meeting, means of identification of trustees, and signature of the chairman and secretary.

 The documents you will get are the certificate, status report, and constitution of the incorporated trustees.

No, anyone below the age of 18 years cannot be a trustee.

Yes, but a foreigner can only be a trustee if he has been issued a Nigerian Resident Permit.

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