When it comes to incorporating a company or a Limited Liability Partnership (LLP) for a non-governmental organization (NGO), there are several key elements to consider. Here’s a general guide to help you understand the process and the content needed for incorporation:

 

a. Objectives and Mission Statement

  • Define the mission and objectives of the NGO. This should outline the purpose of the organization and the social or community issues it aims to address.

b. Type of Company

  • Decide on the type of company (e.g., Private Limited Company, Public Limited Company). For NGOs, a Private Limited Company is often preferred due to its flexibility and limited liability.

c. Name of the Company

  • Choose a unique name for the NGO. Ensure it reflects the purpose of the organization and complies with local regulations.

d. Memorandum and Articles of Association

  • Draft the Memorandum of Association (MOA) which states the company’s objectives and scope.
  • Create the Articles of Association (AOA) outlining the governance structure and internal rules of the organization.

e. Directors and Trustees

  • Appoint the initial board of directors or trustees. For NGOs, the board typically oversees the organization’s activities and ensures compliance with its mission.

f. Registered Office

  • Provide an address for the registered office of the NGO. This is where official communications and legal documents will be sent.

a. Objectives and Mission Statement

  • Similar to a company, define the mission and objectives of the NGO and how the LLP structure will support these goals.

b. Name of the LLP

  • Choose a unique name for the LLP that reflects the purpose and complies with local regulations.

c. LLP Agreement

  • Draft the LLP Agreement which details the responsibilities, rights, and obligations of the partners. This includes profit-sharing arrangements and decision-making processes.

d. Designated Partners

  • Appoint designated partners who will be responsible for the management of the LLP. These partners have legal obligations and liability for the LLP’s operations.

e. Registered Office

  • Provide a registered office address for the LLP where legal and official documents will be sent.

f. Compliance with Regulations

  • Ensure compliance with local regulations for LLPs, including registration with appropriate authorities and obtaining necessary licenses or permits.

Bank Detail

UJJAWAL BHARAT FINTECH PRIVATE LIMITED

Account Number : 351105002002

Account Holder's name : Ujjawal Bharat Fintech Private Limited

Ifsc Code : ICIC0003511