Non-profit corporation

Non-profit domestic corporation is a company without profit that is established under the purpose of research, religion, charity, art or other businesses. Non-profit domestic companies include private companies, foundation companies, school corporations, social welfare companies, medical businesses, religion corporations. As a regulation, non-profit domestic corporations are not to be taxed as they are not distributed for the pubic. The corporations are regulated under the general law, and it enforces the licensing principle for the establishment of non-profit corporations. Organizations such as private schools, welfare corporations, medical businesses, religious companies are regulated by Private School Act, Social Welfare Business Act, Medical Services Act, the Religion Property Act.

Non-profit organization

Non-profit organizations are private group that puts their purpose on conducting public service activities rather than profits. The Non-profit Civil Group Support Act was renewed as No. 6118. Non-profit organization that are seeking for support should apply for registration with the relevant ministers or mayors. The Minister of Government Administration and Home Affairs are eligible to support for the expenses of public utilities by registered non-profit organizations.

Non-profit organization registration requirements

1. In case of direct recipient of the business is numerous and unspecified
2. Not to distribute the profit among the member of staff
3. Not to be operated under the purpose of distributing certain political ideas or supporting politician, or religious ideas.
4. Always to keep more than 100 members of staff
5. To have a record of the business performance in the last 1 year.
6. To have a head of the company or manager in case of the organization is not a coporation.