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NON-PROFIT Organisation Equals Charity? |
NPO means an organisation not to attain profit earning
Aims like recreation, socialising, community serving
Entity type is Limited by Guarantee, yet CharityWhat Exactly Is NPO? |
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HOW to Set Up a Charity in HK? |
Step 1 Form a Limited by Guarantee first aiming to serve HK community : |
> Relief of poverty
> Advancement of religion |
> Advancement of education
> Other aims to serve community |
Step 2 Apply for tax exemption from IRD via our help |
FAQs of Creating Charity |
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NON-PROFIT Is Not Your Pick? Limited by Shares Might Be |
Limited by Guarantee (NPO) |
Limited by Shares |
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> Non-profit oriented
> 1 month processing time
> 2 directors & 2 members
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> Profit oriented
> 2 - 10 days processing time
> 1 director & 1 shareholder
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Which One Fits Me Better? |
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