Sponsorship
Companies can decide that a part of their taxes go to helping children in need!
What you have to do
Sign a sponsorship contract with NGO FAIR-PLAY and 20% of your tax-on-profit (but no more than
3‰ of your company's turnover) will be deducted.
Transfer the amount into the NGO FAIR-PLAY account mentioning the activity you want to support. You will get a report on how your sponsorship
has been used and the impact it has had on the children we help.
Advantages for you as an employer
You have control over a part of your taxes. You can decide that 20% of your tax-on-profit, no more than
3‰ of your company's turnover, be used how you choose to (for example, to ensure school supplies and a
daily meal to a number of children).
The name of the company
you run will be mentioned in the NGO FAIR-PLAY Annual Report, which will be made public to the community and on
this web page.
This sort of sponsorship can be the best way to motivate your employees, who will feel that the company they work for is socially responsible
and gives back to the community.
The Fiscal Code stipulates that you get to decide on how a small part of your annual tax, that you have to pay to the State anyhow,
will be used.
If you would like to sponsor an NGO FAIR-PLAY activity or you need further details on sponsorship, please do not hesitate to contact us.
Extract from the Fiscal Code
Chapter 3
Art.31
(4) All taxpayers who make sponsorships and/or charity acts, according to the law on sponsorship and to the law on libraries, get those amounts deducted from their
tax-on-profit, if they meet the following terms:
a) The amount is not more than 3‰ of their turnover;
b) The amount is not more than 20% of their tax-on-profit.
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