Procedure for a beneficiary organisation:
As an organisation having donors abroad and wanting to provide them with a tax efficient solution for their donations, you should:
- Contact the TGE partner in your country.
- You will be asked to fill in the TGE Grant Eligibility Application Form (GEAF) and send it back to the TGE national partner for approval together with some documents. Once a beneficiary is declared eligible, he will receive the practical details on how donors can make their donations.
Donors will then be able to transfer the money (national transaction) to their national partner’s bank account who will provide with a fiscal receipt deductible for national tax purpose. The TGE network will then take care of the international transaction of the gift to the final beneficiary, avoiding gift taxes.
Example: Registration of a Romanian NGO