Society

The association is founded when the members (both physical and legal) – in the future members – have a desire to develop a goal or direction of activity instead of making a profit.

At least 2 native members are needed. The association is a legal entity since it is registered in the respective national register. The procedure for its creation is very similar to the foundation of SIA.
The Society has quite a wide range of possibilities to carry out various types of economic activities, but it must not divide the profit or income between them.

Cost of establishment:

The total cost: 170.00 EUR

Foundation

A foundation, including a foundation, is a set of property that is separate from the founder’s goal of non-profit making. The Foundation may be founded by one or more persons.

At least one founder and three board members of the foundation (foundation) are required. The founders and donors of the Foundation (Fund) transfer funds to the Foundation by depositing them into the Fund (Fund) bank account.
Foundation funds are used only to achieve the Foundation’s goals.

Cost of establishment:

Total cost 170.00 EUR

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