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Non-Profit Types

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Revision as of 06:35, 1 February 2016 by Recumbent Rider (talk | contribs) (Created page with " =NON PROFIT TYPES= ==COUNTRIES== ===AUSTRALIA === The most common structure for a non profit entity which is not a charity in Australia is an Australian company, limited b...")
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NON PROFIT TYPES

COUNTRIES

AUSTRALIA

The most common structure for a non profit entity which is not a charity in Australia is an Australian company, limited by Guarantee. This means that any profit made is reinvested back into the business, and no tax is paid on it. There are no directors fees or profit distributions. This structure generally can be used where a community bicycle workshop is not part of a larger organisation.