Profit-making activities allowed
Non-Profit Organizations are now allowed to perform profit-making, commercial activities with no limitations regarding the type of activity or whether the profit-making activity is of an accessory nature, as was the case before. A Non-Profit Organization even qualifies as an undertaking.
Distribution of profits still not allowed
The main distinctive feature of Non-Profit Organizations is that their profits may not be distributed to their members and directors.
This was already the case under the old regime but is now characteristic of Non-Profit Organizations since they are now allowed to carry out activities for profit. As a result of the prohibition, profits may only be used for “idealistic” goals promoted by Non-Profit Organizations.
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