The Benefits of Enrolling a Voluntary Organisation
Posted: Wed Feb 19, 2025 9:59 am
Any organisation that fulfils the above criteria is designated as a Voluntary Organisation. Enrolment, however, confers essential advantages to the organisation, including:
Can be created by foreigners, hold foreign assets and distribute dividends to foreign Beneficiaries;
Can receive or be the beneficiary of grants, sponsorships, or other financial aid from the Maltese Government or any entity controlled by the Maltese Government or the Voluntary Organisations Fund;
Founders do not need to be featured in any public records;
Ability to benefit from policies supporting voluntary action, as may be developed by the Government;
Details relating to the Beneficiaries, are protected by law;
Receiving or benefitting from exemptions, privileges, or other entitlements in terms latvia mobile database of any law;
Being party to contracts and other engagements, whether remunerated or not, for carrying out services to achieve its social purpose, at the Government’s request or the request of an entity controlled by the Government.
The formation and enrolment of a Voluntary Organisation does not automatically give rise to a legal person. Voluntary Organisations have the option to register as legal persons but do not have the obligation to have to do so. Similarly, the registration of a Voluntary Organisation as a legal person, does not imply the enrolment of the organisation.
Can be created by foreigners, hold foreign assets and distribute dividends to foreign Beneficiaries;
Can receive or be the beneficiary of grants, sponsorships, or other financial aid from the Maltese Government or any entity controlled by the Maltese Government or the Voluntary Organisations Fund;
Founders do not need to be featured in any public records;
Ability to benefit from policies supporting voluntary action, as may be developed by the Government;
Details relating to the Beneficiaries, are protected by law;
Receiving or benefitting from exemptions, privileges, or other entitlements in terms latvia mobile database of any law;
Being party to contracts and other engagements, whether remunerated or not, for carrying out services to achieve its social purpose, at the Government’s request or the request of an entity controlled by the Government.
The formation and enrolment of a Voluntary Organisation does not automatically give rise to a legal person. Voluntary Organisations have the option to register as legal persons but do not have the obligation to have to do so. Similarly, the registration of a Voluntary Organisation as a legal person, does not imply the enrolment of the organisation.