Our Finances - Ecologic Institute EU
The Ecologic Institute states its commitment to not-for-profit objectives and ethical standards. It is officially recognized with tax privileges for our donors and works in the public-interest. A distribution of any surplus or profit is not allowed.
Ecologic Institute gemeinnützige GmbH is exempt from corporate tax acc. to § 5 Para. 1 No. 9 KstG (German corporate tax law) because, commensurate with its statutes [pdf, 71 kB, English], it exclusively provides tax-deductible, not-for-profit services in terms of §§ 51 AO (German Tax Code). This is confirmed annually, most recently with the notice of exemption [pdf, 80 kB, German] of the tax authorities for corporations I of Berlin, tax number 27/613/00771 from 9 March 2016.
Each year, Ecologic Institute’s annual financial statement is prepared by tax counselors, taking rules and regulations of commercial and corporate law concerning balance sheets and valuation into account. Since 2005, the annual financial statement has additionally been audited by Certified Auditors and confirmed without restrictions or objections.