ASBL
Nonprofit organization
Characteristics of an ASBL
ASBL characteristics: SPF Justice source 2021
A non-profit association (asbl) is a group of natural or legal persons who pursue a selfless goal. The association is made up of at least two people. Members of a non-profit association cannot receive any financial advantage from it.
As soon as a common project has been defined, the statutes of the association must be drawn up. The statutes represent the basic principles of the organization of the association.
The association has its own legal personality, independent of that of its members. This means that she herself has rights and obligations. Members have limited liability and do not link their own assets to the fate of the association.
Accounting obligations of the ASBL
Donation and approval of the ASBL
ASBL approval: SPF Finances website source 2021
Your donors can benefit from a tax reduction for donations made in money from 40 euros.
For this, your institution or association:
must be approved
must send receipts to donors and transmit the information to FPS Finances via the online application Belcotax-on-web
Extracts of articles given for information, from external sources which may no longer be adequate.
ASCEND ACCOUNTANT declines any responsibility related to these articles.