Prsentation PowerPoint

Legal partChoosing a legal structureSelection criteria:Number of partners, capital amount, Governance, Responsibilitya group of at least two peoplehaving a primary purpose other than personal enrichment.It also means that profit taking is possible, but nevertheless it is prohibited to donate its profits to members. Act 1901.The non-profit organization

Legal partThe advantages of the non-profit organizationSimplicity of creation of the association

The drafting of statutes is very flexible

No minimum social capital

Pledge of trust among users and project designers

not liable organisms tax ordinary companies

accountable than the IS reduced rates of 24, 15 or 10% on their capital income only

Preferred Association by the police in obtaining grants, subsidies and aid

The associations considered ESS can access funds dedicated BPI, and the Social Innovation Fund (FISO)

Legal part Risk of challenging the tax system.

Inability to share profits among members.

Ban being transformed into society.

Prohibition to share the assets of the dissolved association between its members.

The leaders of the associations can not be paid

The constraints of the non-profit organization

Legal part

Cooperative society in the form of SARL or SAThe employees are the company's partners

exempt from local business taxmay also offer equity securities to raise fundsThe company employees hold at least 51% of the share capital and 65% of the voting rights.Pledge of trust between SCOP and Banks