In Zhytomyr oblast public organizations up to the end of the year you need to change the founding documents

If, before January 1, 2017, non-profit organizations do not bring their constituent documents in accordance with the provisions of the Tax code of Ukraine, that after that date they are excluded by the Supervisory authority from the Registry of nonprofit institutions and organizations and will be forced to pay taxes. In 2015 it had made certain changes in tax law, and therefore public Association have to bring their statutes in compliance with his demands, not to lose-profit status. According to the Tax code of Ukraine, is a non-profit enterprise, institution and organization, at the same time meet the following requirements: – created and registered in the order determined by the law governing the relevant non-profit organizations; – constituent documents of which prohibit the distribution of the received incomes (profit) or parts of them among the founders (participants), members of such an organization, employees (except for their remuneration, accrual of the single social contribution), members of management bodies and other related persons; the founding documents of which envisage the transfer of assets to one or more non-profit organizations of a certain type or credited to the income budget in the event of termination of a legal entity (as a result of its liquidation, merger, division, accession, or transformation). This was reported in the Zhytomyr regional state administration

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Source: http://uzinform.com.ua/

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