Economic activity

NGOs freely determine the means for achieving their purposes. Limitations to the means for achieving the purposes of the non-profit legal entities can be solely determined by a law. They can engage in additional economic activity only if it is related to their main activity according to their registration, and if they use the revenue for achieving the determined in the statute or the articles of incorporations purposes.

 

The economic activity should be defined in the statute. Its performance should obey the rules and conditions in the laws regulating the respective type of economic activity. Legal persons with non-profit purposes do not distribute profit.