1. The sole or principal object of the PBO is to carry on one or more public benefit activity (PBA), in a non-profit manner and with an altruistic or philanthropic intent. 2. No PBA will directly or indirectly promote the economic self-interest of any fiduciary or …

Mar 20, 2025 · What is a Public Benefit Organisation (PBO)? A PBO is defined in the Act as any organisation which is : a non- profit company as defined in section 1 of the Companies Act, or a trust or an association of persons that has been incorporated, formed, …

Select the relevant section of the Act.YesNoSection 10(1)(cA)(i)Institution, board or body established by or under any lawSection 10(1)(cA)(ii)Companies Wholly Owned by one or more Institutions, Boards or Bodies established by or under any lawNumber of institutions, boards or bodies holding shares in the companySection 10(1)(cN)Public benefit organisation approved under section 30 carrying on ...

If you want your company to be approved as a public benefit organisation (PBO) you must apply at the South African Revenue Service (SARS). To qualify for approval as a PBO an organisation must be incorporated or established in South Africa as:

Is the organisation registered as a PBO as contemplated by Part 1 of section 30 of the Ninth Schedule of the Income Tax Act?

An international organization wishing to register as a PBO under this Act must submit the following-: (a) An application form; (b) Proof that it is a legal entity in another country; (c) The organization’s address in Kenya; (d)

Learn how to register your Public Benefit Organization (PBO) for Section 18A status in South Africa, enabling you to issue tax-deductible Section 18A receipts to donors.

What is a Public Benefit Organisation (PBO) service? The PBO service is the application for tax exemption and section 18A approval. This is a registration process done through the South African Revenue Services Tax Exemption Unit

Feb 7, 2024 · You must submit your organization’s founding documents, financial statements, and proof of tax-exempt status to SARS in order to apply for PBO status. Get the SARS PBO application form here and fill it out. Make sure you’ve filled out everything correctly.

To register as a PBO, Churches need to submit the following documents to the Tax Exemption Unit (TEU) of SARS: A certified copy of the Church’s founding document A completed application form to register a PBO (Form EI 1 - attached) A written undertaking to be signed by three trustees confirming that they take fiduciary