You can set up an association if two or more people want to work together on a common goal. You can choose from an association with full legal capacity or an association with limited legal capacity. For the first you need a notarial deed, containing the statutes of the association. A notarial deed is not necessary for the second, but then you may also do less and as a director you are jointly and severally liable for debts of the association. You can set up an association by notarial deed, private deed or oral appointment. Only the association established by notarial deed can have full legal capacity.
The deed of incorporation contains the articles of association, including the name, the purpose and the place of business. An association has at least two bodies. Namely the ALV (the members’ meeting) and the board. The articles of association regulate, among other things, the relationship between these two bodies. After incorporation at the notary, the association must be registered with the Chamber of Commerce. If you want to set up the association by notarial deed, the articles of association must contain a number of mandatory components. The name and purpose of the association must be stated, as well as the obligations that the members have towards the association. Furthermore, clarity must be provided about the way in which the general meeting is convened and directors are appointed and dismissed. Just as with the foundation, the statutes must also state where the money and goods of the association go when the association is dissolved, or the way in which that destination is determined.