The office advises and accompanies non-profit organizations from the birth of the idea and its foundation through its development, and provides ongoing maintenance.
Managing non-profit portfolios requires specific professional knowledge that is different than that needed for managing regular companies and individuals.
Managing these portfolios requires supervision and management of sources of income, strict control of salary payments, making sure that the association is steadfast in sticking to the outlined goals, and more.
At the same time, non-profit organizations and associations are usually under governmental supervision or the supervision of their foundations, and so their financial management is different from that of regular businesses.
The office has much knowledge and experience in these fields, which require creative handling of the portfolios in facing government bodies or foundations as well as the regular ongoing maintenance, in order to maximize the funding on the one hand and yet to keep sound business practice on the other.
The professional knowledge and experience garnered by the managing partner, the accountant Ilan Dar, in his position at the Tax Authority as a member of the committee that grants official recognition to public institutions according to clause 46, affords our office the ability to handle complex portfolios until said recognition is approved according to clause 46.
- The main office services in all matters of non-profit organizations and associations are:
- Preparation of auditing and financial reports.
- Bookkeeping and salary reports.
- Advice and help opening new portfolios at the Tax Authority and getting recognition as a public organization according to clause 9 (2).
- Approval of exemptions for contributions according to clause 46.
- Accompaniment to contributing foundations and government offices including submission of operational reports.