Search results: foundations

The provision also provides that no organisation shall establish clandestine or paramilitary structures or shall seek to attain its aims through violence.

United efforts, shared values and a common goal of several organizations creates BULGARIA GIVES

The Bulgarian Center for Not-for-Profit Law is launching applications for participation in the the program “Entrepreneurship for Non-Profit Organizations” for 2018/2019. A prize fund of 40 000 leva will be distributed among the best business plans to develop their...

A story about the opportunities that diversity gives us

Article 19 of the Non-profit Legal Entities Act recognizes as associations, the organizations that are established by three or more persons united for performing activities that pursue non-profit objectives.

Generally in order to be recognized as and to receive status of legal persons the associations/foundations should be registered by the Register for not-for-profit legal entities by the Registry Agency.

There are two types of tax registrations. The Code of Tax Procedure gives the legal framework of general tax registration.

According to the Law on Corporate Income Taxation, donations in favor of NGOs in public benefit, healthcare institutions, specialized organizations providing social services under the Law on Social Support, the Bulgarian Red Cross and others must be accounted as...