Do you have a passion that has grown into a not-for-profit organization? Your organization may flourish and save money by creating a Mexican corporation. It will benefit from income tax deductions and encourage both local and international financial donors by offering them a tax-deductible receipt. Not-for-profit organizations are defined as social groups who are not seeking or distributing profit, whose operations are separate from government-run programs. The classification of a nonprofit corporation is Asociación Civil (A.C.), defined as a group of individuals united for a definite time, to carry out a joint purpose that is not illegal or of primarily … Continue reading Save on Taxes and Increase Donations for Your NonProfit Through Incorporation