You have to think of them more like a club rather than a non-profit company. Their legal form “eingetragener Verein” does mean “registered club”.
Basically, here in Germany, you can register a non-profit club and then you get exempt from taxes. And folks who donate to your club can also get that donation exempt from their taxes.
You have to think of them more like a club rather than a non-profit company. Their legal form “eingetragener Verein” does mean “registered club”.
Basically, here in Germany, you can register a non-profit club and then you get exempt from taxes. And folks who donate to your club can also get that donation exempt from their taxes.