Associations, Foundations, Nonprofits, and Charities
Social engagement takes many forms, from large nonprofits doing social work, to sports organizations and cultural societies, to family foundations.
Associations, Foundations, and Nonprofits
Association / Foundation / Nonprofit
There are many legal forms which an NGO or CSO can take. Which one is right for you depends on your intended aims. If you want to pursue a common goal with many others, an association could be the right choice for you. If, on the other hand, you would like to open a daycare center, a gGmbH is probably the right structure. Or if your goal is to secure your family’s estate then you should consider starting a foundation.
- Association
- Foundation
- Limited liability nonprofit (gGmbH)
Nonprofit / Charity
Each of the organizational forms above is a legal entity or “person”. They are subject to corporate income and business taxes. Tax exempt status can be obtained if the purpose of your organization is charitable.
This applies especially to income from renting and leasing or from donations, which can be used to build up asset reserves.
- Exemption from corporate income and business taxes
- Granting charitable status
- Issuance of a § 60 AO certificate
The Consulting Services We Offer
Our custom-tailored guidance helps you maximize efficiency while optimizing your tax liability:
- Guidance on the right legal form
- Help establishing the organization
- Preparation of all necessary contracts
- Application for and monitoring of charitable status
Advantages
- You start off with the right legal form
- Comprehensive solution provided by both tax advisors and lawyers
- One partner from start to finish - founding, ongoing management, and monitoring
- Over 60 years of experience in the non-profit sector
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