Legal obligations
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Any organisation in Belgium has a list of legal obligations.
List of obligations[edit]
- keep Cash register, and bank account transactions (see CAMT.053)
- administer (minimum) General ledger
- generate Yearly balance sheet, income and expense overiew, yearly budget
- Transfer those documents to the government and to the Foundation
- organise (yearly) Statutory meeting to approve the above documents, appoint board members
- maintain Membership register
- have a Member insurance
- establish a Privacy register, privacy policy
- Tax declaration
- Yearly inheritance declaration
- pay Taxes
- produce Tax certificates for gifts
