#yoourscoronapositivechallange Founding goalIn Belgium you can set up a non-profit association (non-profit organisation). This is a group of natural or legal persons pursuing a disinterestable goal.Minimum number of membersThe non-profit association must consist of at least two persons at the time of its creation. Please note that the members of a non-profit association are not allowed to benefit from a wealth advantage at all due to the work they do for the non-profit organisation.Purpose/project of a non-profit associationAs soon as two or more persons have decided on a common project (goal) and it has been defined, the objective of the non-profit association must first be defined in the statutes. The statutes of the association must be drawn up before any activities can be carried out. The provisions in the statutes are and form the basic principles of the organisation of the non-profit association.Legal personality VZW and its membersAfter its establishment, the non-profit association has its own legal personality. The legal personality of the non-profit association is independent of the rights and obligations of its members. This means that the non-profit association itself has rights and obligations. However, there is limited liability for members. Incidentally, the members do not attach their own funds to the fate and behaviour of the non-profit association.Accounting obligationsSince the non-profit association is quite different from other types of association of the foundation and the company (depending on the purpose/project), the non-profit association has advantages. An important difference with other legal forms does not require the creation of a non-profit organisation to provide initial capital. There are a number of accounting obligations against this and against.
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