Last quiz CSO LAW

Charitable organizations in the Kyrgyz Republic are exempt from:

• Profit Tax

• Value added tax (VAT)

• Sales tax

• All of the above

What makes foundation different from other kind of NCOs?

• Can be created by will

• the impossibility of foundation’s voluntary liquidation

• No membership

• all of the above

What is the main problem of the law of the KR on charitable organizations?

• there is no government body that regulates charitable organizations

• there is no such law

• At least 98% of income must go to charitable goals, only 2% for admin needs

• all of the above

decision on liquidation of the Foundation may be adopted only by the court upon applicationof self-interested persons

• TRUE

• FALSE

What makes the institution different from other noncommercial organizations?

• no right to engage in economic activity

• only men can be members

• after the transfer, the property still belongs to the donors

• all of the above

The institution can carry out its activities without state registration

• TRUE

• FALSE

Why two stages of registration are required to register a religious organization (The State Agency on Religious Affairs and ministry of justice)?

• It's a way to make money for the State Agency on Religious Affairs

• The state is trying to control the security in the country

• It needs people to waste their time

• This is to get people to think twice if they should start a religious organization

Can Azamat Azimov become members of the Foundation "Life"?

• It depends on the internal documents of the fund

• Azamat can become a member if other members express their consent

• He cannot become a member because there is no membership in the foundation

• He can become a member at any time, but only after reaching the age of 18

Charitable organization HAS right to spend its funds and use its property for support of political parties

• TRUE

• FALSE

When the Head of the aiyl okmotu can be dismissed from his post by the akim ahead of schedule?

• on the basis of a personal application

• if the court finds him / her incompetent

• in case of loss of citizenship of the Kyrgyz Republic or acceptance of citizenship of a foreign state

• all of the above