How much registered capital is needed to set up a charity foundation?,The following conditions should be met:
- Need a chairman,a vice president,three directors,a supervisor,a secretary general,four full-time staff;
- The donor is the sponsor,The chairman is the legal person;
- Property rights and lease contract;
- Registered capital: 2 million original capital;
- All personnel cannot be employees or retirees of government agencies;(one)Established for specific public welfare purposes(two)The original fund of a national public foundation shall not be less than RMB 8 million.,The original fund of a local public foundation shall not be less than RMB 4 million.,The original fund of a non-public foundation shall not be less than RMB 2 million.;The original fund must be the received monetary fund(three)standardized name、Charter、Organizational structure and dedicated staff appropriate to its activities;(Four)Have a fixed residence(five)Ability to independently bear civil liability。
Benefits of establishing a charitable foundation for businesses:one. Enterprises set up charitable foundations,You can donate to the society by yourself、Donate goods, etc.。However, due to the nature of corporate philanthropic foundations,Therefore, we have no right to raise funds from the society.。two. Individuals or companies can choose two different tax payment methods:First, you can pay part of your income to the government as tax.;Secondly, donate it to charity as a social donation。There is no sequence between the two,There is no difference。
In this way,Instead of paying taxes to the government, individuals and businesses,It's up to them to decide this
cost
expenses,It’s better to give back part of your income to society,Directly used for public welfare or welfare undertakings。This leads to one of the “benefits of charity”:Enterprises and individuals do not go through the official channel == tax exemption。three. After the company establishes a foundation,It will also act as an agent for certain brand effects.。
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