Associations and foundations have a long tradition. The first foundations were set up in the Middle Ages and the number of associations and foundations is increasing even today. One reason is the law on the further promotion of civic engagement. Most of the associations and foundations in Germany are recognised as charitable, giving them a variety of tax advantages.
The immense pressure to avoid losing their non-profit status, and therefore their tax benefits, presents a great challenge for every association and foundation. Although the law on foundations has been simplified in recent years, there are still a number of regulations and special regulations that apply to the taxation of an association or foundation.
Since associations and foundations have such different goals, it is important to find the right solution for every club and foundation. Just ask our experts.
