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Non Profit Organization Articles Of Incorporation

Non Profit Organization Articles Of Incorporation Template for Malaysia

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Key Requirements PROMPT example:

Non Profit Organization Articles Of Incorporation

"I need Non-Profit Organization Articles of Incorporation for a new educational foundation in Malaysia that will provide scholarships to underprivileged students, with a planned launch date of March 2025 and an initial board of 7 directors."

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Document background
Non Profit Organization Articles of Incorporation serve as the foundational document for establishing a non-profit entity in Malaysia. This document is required when registering a non-profit organization with either the Registry of Societies (ROS) or the Companies Commission of Malaysia (SSM) as a company limited by guarantee. It contains essential information about the organization's structure, governance, purposes, and operational framework. The document must comply with Malaysian legislation, particularly the Societies Act 1966 or Companies Act 2016, and includes provisions for membership, board composition, financial management, and dissolution procedures. It's crucial for obtaining legal recognition, maintaining tax-exempt status, and ensuring proper governance of the non-profit organization.
Suggested Sections

1. Name and Location: Official name of the organization and registered address in Malaysia

2. Purpose and Objectives: Clear statement of non-profit purposes and specific objectives of the organization

3. Non-Profit Declaration: Express declaration of non-profit status and prohibition of profit distribution

4. Membership: Classes of membership, qualification criteria, rights and obligations of members

5. Board of Directors: Composition, qualification, powers, duties, and selection process of the board

6. Officers: Roles, responsibilities, and selection process for executive officers

7. Meetings: Procedures for board meetings, general meetings, and annual general meetings

8. Financial Management: Financial year, accounting practices, audit requirements, and financial controls

9. Amendment Procedures: Process for amending the Articles of Incorporation

10. Dissolution: Procedures for dissolution and distribution of assets upon dissolution

Optional Sections

1. Advisory Board: Structure and role of an advisory board, if the organization chooses to have one

2. Branches: Provisions for establishing and managing branch offices, if applicable

3. Committees: Framework for establishing and operating special committees

4. International Activities: Provisions for international operations or collaborations, if relevant

5. Conflict Resolution: Procedures for handling internal disputes and conflicts

6. Indemnification: Provisions for protecting directors and officers from liability

7. Seal: Description and rules regarding the organization's official seal, if any

Suggested Schedules

1. Initial Board Members: List of initial board members and their details

2. Membership Categories: Detailed description of different membership categories and associated fees

3. Organizational Structure: Detailed organizational chart and reporting relationships

4. Code of Ethics: Detailed code of conduct for board members, officers, and members

5. Financial Procedures: Detailed financial management procedures and controls

6. Initial Assets: List of initial assets or contributions to the organization

7. Forms: Standard forms for membership applications, proxy voting, and other administrative procedures

Authors

Alex Denne

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Name and Establishment
Purpose and Objectives
Non-Profit Declaration
Registered Office
Membership
Board Composition
Powers and Duties
Meetings
Voting Rights
Financial Management
Audit Requirements
Officers and Directors
Indemnification
Conflict of Interest
Amendment Procedures
Dissolution
Asset Distribution
Record Keeping
Seal Usage
Notice Requirements
Dispute Resolution
Compliance
Governance
Term Limits
Succession Planning
Committee Formation
Membership Termination
Annual Reporting
Ethics and Conduct
Property Management
Relevant Industries

Healthcare

Education

Social Services

Environmental Conservation

Arts and Culture

Religious Organizations

Youth Development

Community Development

Research and Development

Humanitarian Aid

Animal Welfare

Sports and Recreation

Poverty Alleviation

Disability Services

Relevant Teams

Legal

Compliance

Board of Directors

Executive Leadership

Corporate Secretariat

Finance

Operations

Administration

Risk Management

Governance

Relevant Roles

Chief Executive Officer

Executive Director

Board Chairman

Board Member

Company Secretary

Legal Counsel

Compliance Officer

Finance Director

Operations Director

Program Manager

Governance Officer

Risk Management Officer

Administrative Director

Development Director

Founding Member

Industries
Societies Act 1966: The primary legislation governing the registration and regulation of societies and non-profit organizations in Malaysia. It provides the legal framework for establishment, registration, and operation of societies.
Companies Act 2016: Relevant if the non-profit is to be registered as a company limited by guarantee. Sets out the requirements for incorporation, governance structure, and ongoing compliance obligations.
Income Tax Act 1967: Contains provisions for tax exemptions and benefits available to registered non-profit organizations, including requirements for maintaining tax-exempt status.
Trustees (Incorporation) Act 1952: Applicable if the organization wishes to be registered as a charitable trust, providing legal framework for trustees and trust management.
Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001: Ensures compliance with financial regulations and reporting requirements for non-profit organizations to prevent money laundering and terrorism financing.
Malaysian Code of Corporate Governance: While primarily for listed companies, provides best practice guidelines for governance structures that can be adapted for non-profit organizations.
Fundraising Control of Collections Act 1966: Regulates fundraising activities and public collections by charitable organizations in Malaysia.
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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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