Legal forms of philanthropic organizations included in the law: Association, Foundation, Non-Governmental Organization (NGO)
Main social issues addressed by these organizations: Arts and Culture, Basic Needs, Early Childhood Education through High School, Health and Medical Research, Religion
Average time established by law to register a philanthropic organization: 31-60 days
According to the Decree 96-103 on the functioning of NGOs, the time required to receive the approval document of registration is a maximum of two months. On the other hand, there is no information about the time required for registration as a public utility; official recognition as a public utility is a requirement for recognition as a foundation. However, in practice, foundations have to deal with slow administrative procedures that can go over a year.
Average cost for registering a philanthropic organization: USD 500
There are no special fees to register aside from stamp fees for an approximate amount of USD 2 per page of statute. However, a philanthropic organization (PO) can face additional fees regarding administrative procedures and therefore the average cost can go over USD 500.
Government levels primarily regulating the incorporation of philanthropic organizations: State Government