Dear Clients,
In case of establishing a Foundation or registering changes in the Foundation's details, please send the following information to our email address at drdobrossy@drdobrossy.hu:
– For establishment: the name of the Foundation in 1-2 variations, in the order of preference provided by the client, so we can check them in official databases;
– For establishment: the registered office of the organization and its cadastral number, so we can obtain the mandatory certified property sheet and prepare the document verifying the right to use the property, which must be signed by the owner. If the registered office of the organization changes, the same information is required.
– Copies of the personal ID, address card, and tax identification card of the founder(s) of the Foundation to verify them in compliance with the anti-money laundering regulations;
– A detailed list of the Foundation's objectives. This is required only at the time of establishment, as the objectives of a registered Foundation cannot be modified (neither expanded nor narrowed).
– A detailed list of the activities the Foundation will undertake to achieve its objectives. This is necessary only at the time of establishment, or in case of modification, the list of activities can be expanded, narrowed, or modified.
– Copies of the personal ID, address card, and tax identification card of the members of the Board of Trustees, so we can verify them in compliance with anti-money laundering regulations. For the establishment, the Board must consist of at least 3 members, and it is important that the majority of the Board members cannot be in a direct familial relationship with the founder. If this is the case, a larger Board must be formed.
– The roles within the Board of Trustees must be determined, such as who will be the Chairperson of the Board and who will have the authority to represent the Foundation and manage the bank account. The authority over the bank account can differ from the representation in other matters of the Foundation. For an already registered Foundation, it is possible to amend the articles of association to modify the representation in the registry, ensuring the Foundation’s most efficient operation.
– For establishment: the initial assets of the foundation, which must be provided by the founder(s). The founder opens a conditional bank account, deposits the determined amount, and the financial institution issues a certificate, which will be submitted along with the other establishment documents. The finalized bank account will only become active after the foundation is registered, and the assets deposited in the account can only be utilized to achieve the foundation’s objectives after registration.
– For establishment: it is necessary to select the relevant four-digit activity codes from the TEÁOR 2008 classification based on the planned activities of the Foundation.
– In case of modification, the scanned copy of the latest registered articles of association must be sent to the above email address for review. We will provide recommendations for amendments and revisions in compliance with current legal regulations.
– The Foundation's email address and possibly its website address;
– Contact information (phone, Skype, and email) for the person representing the Foundation to facilitate remote signing and notarization of documents if they cannot attend our office for signing and certification;
– For establishment: the organization's choice regarding VAT status and whether it wishes to request an EU tax number.