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Should My Group Incorporate as an Association or a Company?

Incorporate as an association if the group exists for a purpose other than making money for its members — sport, religion, charity, culture, community development, a professional or landowner body — and will never pay dividends. Incorporate as a company if the owners want a return. The Act forbids being both, lets the Registrar refuse or cancel an association that should have been a company, and provides that the two structures share the same Registrar.

The associations series, no. 3 · What an incorporated association is · 4 min read

The Registrar of Companies keeps both registers, and the 2023 Act borrows so heavily from the Companies Act that the two structures look alike on paper. The difference lies in who benefits from the money.

The test: where do the profits go?

To incorporate as an association a body must have the prescribed qualifications for incorporation in section 3 of the Associations Incorporation Act 2023. Beyond having an approved kind of purpose, it must undertake that it “will apply its profits (if any) or other income in promoting its objects” and “will prohibit the payment of any dividend or distribution or payment in the nature of a dividend or distribution to its members”. Both statements must be made in the notice of intention (section 6(2)(b)(ix) and (x)) and are printed on the prescribed form.

A company under the Companies Act 1997 exists to return value to its shareholders; distributions to them are its ordinary business. So the question is simple. If the people forming the group expect, now or later, to receive a share of its profits, it must be a company. If the group’s income will only ever be spent on its purposes, it can be an association.

Trading is not the problem

An association may run a canteen, hire out its hall, sell produce, charge fees or collect royalties. Section 73(3) even contemplates an association “carrying on a retail business”. What it may not do is distribute the surplus to members. Applying profits “to a purpose other than promoting its objects” is a ground for removal from the register (section 108(i)).

You cannot be both

Section 8(1) provides that “any entity which is incorporated under another Act in Papua New Guinea may not simultaneously be registered as an incorporated association”. A company cannot also be an association; nor can a business group or a land group. The only exception is a political party registered under the Organic Law on the Integrity of Political Parties and Candidates, or any other Act that itself requires dual registration (section 8(2)). A company may, however, be a member of an association (section 8(3)), which is how industry bodies and federations are built.

The Registrar may redirect you

Section 9(5) gives the Registrar power to reject an application for incorporation, or cancel an incorporation already granted, “on the ground that it would be more appropriate for the association to be incorporated under the Companies Act 1997 or another Act”. The same idea appears among the grounds of objection in section 9(1): that the association is formed “for improper profit”, or that it seeks the wrong category. A group whose real purpose is to hold a business for the benefit of its founders should expect to be told to form a company.

The two structures side by side

FeatureIncorporated associationCompany
Governing ActAssociations Incorporation Act 2023Companies Act 1997
PurposeNon-profit; profits applied to objectsAny lawful purpose; profits to shareholders
OwnersMembers with votes, no sharesShareholders
ManagersCommittee of at least three; public officerDirectors of at least one; secretary optional
Liability of ownersMembers not liable for debts (s 61)Shareholders not liable beyond unpaid shares
FormationPublic notice, 60-day objection period, then applicationApplication with consents; immediate
ReportingAnnual return; annual report to members; financial statements and audit above thresholdsAnnual return; financial statements and audit unless exempt
On winding upSurplus distributed as members resolve, subject to the Court; public benefit surplus only to another public benefit associationSurplus to shareholders

Other structures to consider

  • Incorporated land group under the Land Groups Incorporation Act: for customary landowning clans dealing with their land. Many landowner bodies hold their land through an ILG and their community programmes through an association.
  • Business group under the Business Groups Incorporation Act: a customary group carrying on business for its members’ benefit.
  • Company limited by guarantee is not a separate form in Papua New Guinea; a non-profit that wants company structure must use an ordinary company with a constitution barring distributions.
  • Trust: a charity may operate as a trust, but a trust is not a legal person and its trustees hold the property. An association may itself act as trustee (section 14(2)(a)).

The company side of this comparison is covered by the site’s company law series.

The practical answer

Churches, sports bodies, cultural groups, women’s and youth organisations, charities, NGOs, professional associations and landowner welfare bodies should incorporate as associations. Anything whose founders want to be paid out of profits should be a company. If the group is genuinely non-profit but wants the flexibility of the Companies Act, take advice before choosing; the Registrar can question the choice under section 9(5), and switching later means forming a new entity.

Sources

Check the section yourself

Before relying on anything here, read the current text of the Associations Incorporation Act 2023 and check for later amendments. If a decision matters to you, get advice — start with the Office of the Public Solicitor, or find a firm in the law firms directory.

Disclaimer: This article provides general information about Papua New Guinea law and does not constitute legal advice. Laws may change, and their application depends on individual circumstances. You should obtain professional legal advice for your specific situation. Read the full disclaimer.