There are various regional subsidies in general, but also at the local, regional or national level for sports clubs.
Normally, they are subject to a series of conditions. Among which, the most common are the fact of competing in some type of official competition and not having debts with the Treasury or Social Security.
VAT and Corporate Tax
The clubs, being non-profit entities, do not pay VAT or Corporation Tax. There are exceptions, however. If the club carries out any activity for which it receives money that does not belong to the members, this activity will have VAT. For example, organizing a summer camp. For membership fees, a receipt is made without VAT.
Advertising and sponsorship
As a club, you will be able to obtain a series of additional income from advertising and/or sponsorship. Here we tell you why it is important for your club to have sponsors.
What you should know about a club?
Remuneration and salaries
The positions of the Board of Directors must not have remuneration. In the case of hiring employees, the contractual relationship will be the same as if it were a company. Having the club the same obligations as a company and having to comply with labor regulations.
A club must take out, at a minimum, civil liability insurance. If the club has employees, collective agreement insurance is also required. If the club has workers, a collective agreement insurance must be made. Finally, and although it is not mandatory, it is advisable to have other insurance such as theft insurance.
Who makes up a sports club?
Well, now that you know what a club is what advantage it has and what “disadvantages”, we proceed to learn more about how they are composed. epl중계 have a governing body, which is called the General Assembly. This Assembly is made up of all the associates, and will have to meet at least once a year.
On the other hand, there is a representative body that is responsible for managing the club: the Board of Directors. Within the Board of Directors, there are different figures, where the most important is the president. Visit this post that I have written if you want to know all the people that make up the Board of Directors of a club. What types of club exist?
Within what sports clubs are, there are also different types. Before taking any other steps, you have to decide if the club will be Elementary or Basic. It could also be a Sports Limited Company. But, in the first instance, I do not recommend it. In this post I will talk to you in more detail about what Sports Limited Companies are and when it is convenient to create one. Professional clubs and teams that participate in official sports competitions of a professional nature and at the state level are usually of this type.
Elementary Sports Club
The Elemental Sports Club is a private, non-profit association, which is made up exclusively of natural persons with the aim of carrying out sports activities for its members.
Basic Sports Club
The Basic Sports Club is made up of natural or legal persons and, like an Elementary Sports Club, it is a private, non-profit association. It has the same objective: to promote the practice of one or several sports modalities among its members and encourage participation in sports activities and competitions.
Advantages of a Basic Club versus an Elementary Club
The club is a legal person and has full capacity to act. You can receive public subsidies, act in court, sign contracts, receive donations, have assets, manage businesses, etc.
The directors respond to the club and the members only respond for the acts in which they intervene, while in an Elementary Club, all members respond to the debts and obligations contracted.
It can be declared of public utility.
Disadvantages of creating a Basic Club versus an Elemental Club
In theory, it has higher constitution costs. The constitution must be made in a public document, before a notary.
Statutes must be compulsorily drawn up.
I leave you a detailed comparative document between basic and elementary clubs , prepared by the General Directorate of Sport in Aragon.