Legal Preparations

 

Before further proceeding with the setting up of your support institution you will need to clarify the following questions?

 

How will the statutes or bylaws look like? Are the statutes defined by law?

Who will be the constituent assembly / preparatory team?

Do we need to register the institution with local/national authorities?

What laws and standards do we need to apply? What are the reporting requirements?

Which insurance cover do we need to take out?

 

Generally, the future institution will have to check whether it complies with the national regulatory framework. The following exemplary list of laws could be worth a check:

·    Private law

·    Company law

·    Tax law

·    Further education law

·    Employment law

·    Environmental law

·    Advertising law

·    Consumer protection law

·    Data protection law

·    Intellectual property law