Asociaciones Sin Fines de Lucro
Can anyone please advise me about the practical regular obligations of non-profit companies (Asociaciones Sin Fin De Lucro) - for example the need to submit annual reports and accounts to Government and the form they should take, the dates of the accounting year for which such reports and accounts should be made etc etc?
I have a copy of the relevant laws (in Spanish) but this is long - 73 pages I think - and long-winded. It is difficult to isolate the relevant information or know whether this provides sufficient practical information.
I am asking this question on behalf of a small charity which supports the education of poor local children and which is currently registering as an Asociacion Sin Fin de Lucro.
It needs to devote all the money it raises to its primary purpose of helping poor children and avoid as far as possible expensive recurrent annual professional fees to lawyers and accountants.
How much of the formal reporting obligations can members of the charity (who include someone with an accountancy background in another country) expect to be able to provide without expensive professional help?
Any information, advice, or offers of help, will be gratefully received.
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