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ONLUS (non-profit organizations “NPO”) What is Onlus?
With the acronym Onlus we include all those non-profit social organizations that operate in various fields within Italy.
Also considered Onlus are the social cooperatives and non-governmental organizations recognised appropriate by the law 49/87 (the one that governs cooperation with developing countries). To the latter, are added all the voluntary associations, institutions and non-profit cooperatives that have adapted their statutes to enable the recognition of Onlus.
Tax deductibility It is possible to make a deduction of 19% on all sums paid in favour of Onlus with a ceiling of 2,066 Euros. For more information see
advice on deductibility of payments
Requirements
The requirements for defining the agency as ONLUS are:
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private nature of the agency (government agencies are excluded)
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exclusive pursuit for solidarity
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scope: assistance, charity, education, research, environmental preservation, culture, art, sports
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democratic statute
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budget transparency
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obligation to distribute goods for public utilities
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limitations on the salaries of directors and payments to third parties
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prohibited to distribute profits
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prohibited to sell goods or services to be associated with more favourable
terms
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