Legal environment of non-profit organizations in Iceland
Despite a high number of non-profit organizations and their important social function a comprehensive legislation on their activities does not exist in Iceland, as is the case for most other operating entities. In the article existing rules on non-profit activities in Iceland are analyzed. In additi...
| Published in: | Icelandic Review of Politics & Administration |
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| Main Authors: | , |
| Format: | Article in Journal/Newspaper |
| Language: | English Icelandic |
| Published: |
University of Iceland
2011
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| Subjects: | |
| Online Access: | https://doi.org/10.13177/irpa.a.2011.7.2.12 https://doaj.org/article/10bc40a7352d485a86e37b1fcbecdb90 |
| Summary: | Despite a high number of non-profit organizations and their important social function a comprehensive legislation on their activities does not exist in Iceland, as is the case for most other operating entities. In the article existing rules on non-profit activities in Iceland are analyzed. In addition, the entity, non-profit organizations, is defined, and rules on their establishment, member participation, organization, accountability and obligations are described. The analysis will also focus on current regulation on fundraising, business activities, taxation and income from the government. A comparison of non-profit organizations and foundations is performed. |
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