CORRESPONDANTS DIPLOMATIQUES - CD
AUXILIO GENTIUM EXTRA NOSTRA LIMINA
 CORRESPONDANTS DIPLOMATIQUES
Entrance fee, Annual fees and Voluntary Donation

On this section, you can proceed to pay the following fees or donations:

1. Membership Entrance fee


The entrance fee is the sum of money which you pay in order to join our organization. (Una tantum - One time).

 

  1. A person has the right to withdraw from the candidacy without any penalty within the term of 14 calendar days starting from the day of payment of the entrance fee.
  2. The right of withdrawal is exercised by sending, within the prescribed period referred to in above point, a written communication by registered letter or certified e-mail with return receipt to be sent to the headquarters of the Organization.
  3. After this period, the amount paid will not be returned.

 

        Any controversy, claim or dispute between the parties shall be settled by the civil court of Malta that have exclusive jurisdiction.

2. Annual fee

 

  • The Correspondants Diplomatiques, as required by the Statute, must pay € 300,00 per year. The above dues contribute to the maintenance of the offices and to the organization's general expenses, including: electricity, correspondence, telephone, postal charges, stationery, etc.

 

3. Voluntary donations

 

  • The voluntary donations are gifts for charity, humanitarian aid, or to benefit a cause. A donation may take various forms, including money, services, or goods such as clothing, toys, food, or vehicles, etc. etc. Charitable donations of goods or services are also called gifts in kind. In case of cash donations, please use the following bank account anyway, specifying the reason with your name and surname.

 

Annual fees

 All payments can must be made also by bank transfer.

Reference Bank.
INTERNATIONAL ORGANIZATION OF DIPLOMATIC CORRESPONDENT
Bank of Valletta p.l.c. 45, Republic Street - VLT 1432 Valletta
 IBAN: MT32VALL22013000000040011613051- SWIFT CODE: VALLMTMT
Purpose of the payment:

THE TAX DEDUCTION FOR CHARITABLE DONATIONS
NGOs

Donations to qualified charities are tax-deductible expenses that can reduce your taxable income and lower your tax bill. You must itemize your tax deductions to claim them, however, and this is typically only in your best interest if the total of all your itemized deductions exceeds the amount of the standard deduction you would receive for your filing status. 

Tax Deductions on Monetary Donations

As from 1 January 2016, companies making a monetary donation to eligible cultural organisations may benefit from a tax deduction.
150% Tax deduction Upon approval from the Arts Council Malta, eligible undertakings can claim an amount equivalent to 150% of the monetary donation as a deduction against income for the year of assessment in which the donation has been made. The maximum deduction allowable in any financial year is of €50,000.

Who is eligible?

This incentive is available to limited liability companies including partnerships that have elected to be treated as a company. Eligible companies that wish to avail of this incentive are required to submit an application form for approval by the Arts Council Malta.
The income tax incentive will not apply where the donor is in any way related to the beneficiary.

Which are the eligible Cultural Organisations?

Monetary donations qualify in terms of these rules if they are made to any of the following organisations (and the specific projects, if applicable):
Non-profit cultural organisation which are registered with the Commissioner
Voluntary Organisations; Public Cultural Organisations - Teatru Manoel, Mediterranean Conference Centre, Malta Philharmonic Orchestra, Fondazzjoni Centru ghall-Kreattivita, Pjazza Teatru Rjal, Fondazzjoni Valletta 2018, Zfin Malta; Arts Council Malta; Malta Film Commission – for the purpose of raising funds for specialised training projects for the local film industry; and Malta Film Fund – in order to raise additional funds for the part-funded project during the implementation of the film project.

Application process

In order to avail of this incentive, an application form together with supporting documentation should be submitted to the Arts Council Malta by 30 January of the year following that in which the donation was made.
Following approval of the application, the Arts Council Malta will issue an Incentive Entitlement Certificate in favour of the eligible company, entitling the company to claim a tax deduction in respect of such donation.

For more information and details, copy and paste the following link:

http://www.maltacvs.org/wp-content/uploads/2012/02/Tax-Exemption-Proposal-for-Voluntary-Organisations-Final.pdf

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