Non-profit organisations may engage in a variety of activities, such as promoting culture, sports, education and charity.

[5] Founders and members may also be foreigners, but if the entire board is located abroad, a contact person with a relevant entrepreneurial licence must be entered in the register.

In order to establish an NGO, a constituent meeting with the members must be held, at which the charter and the founding agreement are drawn up and signed.

[3] An NPO may engage in economic activities and generate income that it uses solely to achieve its statutory objectives.

[4] Typical sources of funding may include, for instance, grants, donations, membership fees, etc.

[8] As a result of the operation, commercial activities may be carried out and profits may be generated, but they shall not be paid as income to the founders or members of the NPO.

The amount and procedure for payment of remuneration to a member of the board are determined by a decision of the general assembly.

The approved financial annual report, indicating the main field of economic activity, is submitted to the Register.

[3] Non-profit organisations can apply for inclusion in a list that exempts them from paying income tax if they act in the public interest and are engaged in charitable activities.

After satisfying the creditors' claims, the liquidators draw up a final balance sheet and a plan for the distribution of property.