Accounting for the Association

No, if the association's activities are in line with the objectives set out in its statutes and the association does not engage in commercial activities. However, if there is income from economic activities (e.g. the provision of services), it may be subject to a 15% corporate tax.

Yes, it can. In this case, you need to keep proper employment contracts, payroll records and declare your taxes (GPM, PSD, SSD) through Sodra and the tax authorities.

If provided for in the statutes, board members may receive remuneration (for activities or specific functions), but it is necessary to enter into civil or employment contracts and to keep all the accounting and tax records related thereto.

Yes, 100% accounting can be done remotely using e-banking or e-signature.