Foundations

Συμβολαιογραφικές & Νομικές Υπηρεσίες

 

ESTABLISHING A FOUNDATION: The act by which a set of assets is placed at the disposal of a certain non-profit purpose. A foundation may be established by notary public deed in life, but also by order of last will and testament (will). The completion of the foundation establishment  requires the approval of the foundation by order of the competent authority, which was published in the familiar Government Gazette Issue.