Before further proceeding with the setting up of your support institution you will need to clarify the following questions?
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How will the statutes or bylaws look like? Are the statutes defined by law? |
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Who will be the constituent assembly / preparatory team? |
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Do we need to register the institution with local/national authorities? |
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What laws and standards do we need to apply? What are the reporting requirements? |
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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