Redirect corporate tax - Legal entities

LEGAL ASPECTS

SPONSORSHIP - is the legal act by which two persons agree on the transfer of ownership of some material goods or financial means to support non-profit activities carried out by the beneficiary of the sponsorship.

DONATION - is a contract by which a person, donor, transmits, usually free of charge and irrevocably, the right of ownership over a good to another person, donee, who accepts it and does not imply the existence of benefits. The donation is a free, unilateral act, and the beneficiary of a donation has the obligation to use the goods exclusively for the stated purpose. The donation contract must be authenticated by a notary, under the sanction of absolute nullity.

MORE DETAILS

Download the fiscal guide from here.

Download the sponsorship contract from here.