Establishing a foundation
People for whom advocacy and helping others is what gives them the greatest professional satisfaction often consider setting up a foundation.
Average time to set up an NGO
Legalden
even to 7 days
independently
2-6 months
Before making such a decision, it is a good idea to find out how to set up a foundation and what to look out for during the preparations.
We realise that in the early days it is difficult to devote time to anything other than planning the statutory activities of the new organisation (of course, we can help with that too).
That is why we will explain in simple terms how to set up a foundation, what the most dangerous pitfalls you may encounter throughout the process are, and what obligations you must fulfil once your foundation is registered.
What we can do for you:
- Help you choose your foundation's purpose
- Advise on how to structure ways of achieving the statutory objectives
- Ensure that the memorandum of association complies with the requirements of the National Court Register
- Prepare the foundation's Statute tailored to the nature of your organisation's activities
- Advise on the foundation's business activities
- Prepare all the documents and applications necessary for the registration of the foundation
- Manage the entire registration process until the foundation is entered in the register
- Support you in meeting your foundation's responsibilities as soon as it is registered