Questions

A Social Enterprise is a business with social objectives. Social enterprises don’t necessarily need to have profit maximization motives, but they are able to legally make profit, unlike non-profit organizations. A social enterprise attempts, through its business, to address a social problem or a challenge. Social enterprises mainly take the form of either a non-profit or for-profit and are sometimes registered as a social business or charity.
Non-Profit Companies are defined according to the Law by Decree No for the year 2008 amending the applicable Companies Law and Ministerial Order No for the year of 2010 regarding the regulation of Non-Profit Companies as: Any company that is registered as a Private limited company and does not aim at profit-making and follows in its registration the procedures came under the law.
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Answered 3 years ago

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