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Memorandum Of Association For Non Profit Organisation

Memorandum Of Association For Non Profit Organisation Template for Singapore

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Memorandum Of Association For Non Profit Organisation

"I need a Memorandum Of Association For Non Profit Organisation for a new educational charity in Singapore, focusing on providing free coding education to underprivileged youth, with planned operations to begin in March 2025 and initial funding of SGD 500,000."

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What is a Memorandum Of Association For Non Profit Organisation?

The Memorandum of Association For Non Profit Organisation is essential when establishing a non-profit entity in Singapore. This document is required by the Accounting and Corporate Regulatory Authority (ACRA) and must comply with the Companies Act (Cap. 50). It outlines the organization's fundamental characteristics, including its charitable or non-profit objectives, governance structure, and limitations on profit distribution. The memorandum serves as a public document that defines the organization's relationship with external stakeholders and provides a framework for internal operations.

What sections should be included in a Memorandum Of Association For Non Profit Organisation?

1. Name Clause: States the official name of the organization

2. Registered Office Clause: Specifies the registered address in Singapore

3. Objects Clause: Details the non-profit purposes and objectives of the organization

4. Limited Liability Clause: States the limitation of members' liability

5. Non-Profit Declaration: Declaration that income and property will be applied solely towards objectives

6. Subscriber Information: Details of founding members/subscribers

What sections are optional to include in a Memorandum Of Association For Non Profit Organisation?

1. Powers Clause: Lists specific powers of the organization (recommended for larger organizations)

2. Investment Provisions: Details investment powers if organization plans to maintain investment portfolio

3. Branch Provisions: Include if organization plans to establish branches

What schedules should be included in a Memorandum Of Association For Non Profit Organisation?

1. List of First Directors: Names and details of initial board members

2. Initial Members Register: List of founding members with contact details

3. Asset Schedule: Initial assets or contributions to the organization

4. Governance Structure: Organizational chart and reporting structure

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



































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Industries

Companies Act (Cap. 50): Primary legislation governing the formation, operation, and regulation of companies in Singapore, including companies limited by guarantee which is a common structure for non-profits

Societies Act (Cap. 311): Legislation governing the registration and regulation of societies in Singapore, relevant if the non-profit is to be registered as a society

Charities Act (Cap. 37): Key legislation governing charitable organizations in Singapore, including registration requirements and ongoing compliance obligations

Companies (Model Constitutions) Regulations: Regulations providing template constitutional documents for different types of companies, including non-profit structures

Charities (Registration of Charities) Regulations: Specific regulations detailing the requirements and procedures for registering as a charity in Singapore

Commissioner of Charities Guidelines: Official guidelines providing governance and operational requirements for charities and non-profit organizations

ROS Requirements: Registry of Societies specific requirements for registration and compliance if organizing as a society

ACRA Requirements: Accounting and Corporate Regulatory Authority requirements for registration and compliance if organizing as a company limited by guarantee

IRAS Requirements: Inland Revenue Authority of Singapore requirements for obtaining and maintaining tax exemption status as a non-profit organization

Non-profit Objectives: Legal requirements for defining clear non-profit objectives and purposes in the memorandum of association

Membership Structure: Legal requirements for defining membership categories, rights, and obligations in the organization

Governance Framework: Required governance structure including board composition, roles, and decision-making processes

Financial Management Requirements: Legal obligations for financial management, reporting, and accountability

Dissolution Procedures: Legal requirements for including proper dissolution procedures and asset distribution rules

Profit Distribution Restrictions: Legal restrictions on the distribution of profits and assets to members or other parties

Board Composition Requirements: Specific requirements for board structure, including minimum number of directors and their qualifications

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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