A nonprofit partnership is a type of nonprofit organization that is nonprofit and is based on membership. The founders of a partnership can be both legal entities and individuals. A non-profit partnership can engage in entrepreneurial activity, but only on the condition that the proceeds from it will go for the purposes specified in the charter.
Instructions
Step 1
In order to formalize a non-profit partnership, you together with the founders must decide on its creation. The number of founders of a non-commercial partnership is not limited by law, but there must be at least two of them. The decision to create a partnership must be made at the meeting of the founders. In the same place, consider the issue of developing a charter and concluding a memorandum of association. The conclusion of a contract is not a mandatory procedure. It can be drawn up only at the request of the founders.
Step 2
Remember that the charter of a non-profit partnership must contain information on the procedure for managing the activities of the partnership, the composition and competence of the governing bodies, the procedure for distributing property remaining after the liquidation of the organization. In addition, the charter must contain information about branches and representative offices of non-commercial partnerships, the procedure for forming property, conditions and procedure for joining the organization, etc.
Step 3
In order to register a partnership, contact the registering authority with the appropriate application and attach the following documents to it: - the decision of the founders to create a non-commercial partnership; - the charter of a non-commercial partnership; - the memorandum of association, if it was decided to draw up it; - minutes of the meeting of founders with resolving the issue of creating a legal entity. It should approve the charter of the legal entity and issues related to the election of governing bodies.
Step 4
When entering into a partnership, the participants must transfer in its favor the property necessary for the implementation of the statutory goals. Property can also be formed at the expense of membership fees, the order of payment of which is determined in the charter. As a rule, membership fees are paid in cash. But at the same time, please note that the property transferred to the partnership during the establishment is returned back when the participant leaves, and the property transferred in the form of membership fees cannot be returned.
