ABOUT AEDECOL
Creation
AEDECOL was created at the end of 2009 by Mike WALLACE and Gordon GAO as a means to provide education and development opportunities to people in South –East Asia.
AEDECOL is a non-profit organization authorized by the Prefecture of Police in Paris.
Its registered office is at 253 rue Saint Honoré, 75001 Paris, France
AEDECOL is not affiliated with any religious or political entity or institution.
AEDECOL is run by volunteers and no Member or Director receives any remuneration for any duties he or she performs.
Objectives
The objectives of AEDECOL include the following:
The revenue of the Association is acquired by:
At the first meeting of AEDECOL on October 15th 2009 the Board of Directors and officers were decided as follows:
Mr Michael WALLACE, President
MBA, Wharton, USA;
Chartered Management Accountant, CIMA, UK.
Profession: President WARF sarl; Retired
Permanent address: 7 rue Coq Heron, 75001 Paris, France
Address Laos:c/o Lao-American College, PO box 327, Kaysone phomvihane Road, Vientiane
Mr Shuang (Gordon) GAO, Secretary
Business Administration degrees from Euro-Med, Marseilles & Shanghai University
Profession: General Manager WARF sarl
Address: 253 Rue St Honoré, 75001, Paris, France
For more information on the Officers, their CV’s and the Articles of Incorporation (Statuts) please contact us at: [email protected], or [email protected]
Tax Exemption Status
AEDECOL is recognized by the French Ministry of Finance and the Prefecture of Police as a non-profit organization qualifying donations for tax deductions.
France
Individuals can deduct 66% of donations from income tax (limit 20% of taxable income).
Companies can deduct 60% from profits tax (limited to 5% of their sales or turnover).
Europe
You can deduct the amount of your donation to AEDECOL from your taxes in the European country in which you are resident.
Verifier how much you can deduct as the percentage varies from one country to another
(The European Court of Justice in Luxembourg ruled on 27.1.2009, (Hein Persche v German Tax Authority) that a tax deduction is permitted for a donation made to an Association located in a European country other than the tax payers country of residence)
This can apply to Income Tax, inheritance tax and corporate profits tax.
USA
If you live in the USA, you can make a donation via check or wire direct to AEDECOL (see section "How to Help")
Sponsorship is entirely tax deductible and 100% of your contribution will go directly to support the project of your choice
Donations from other countries
You can deduct the amount of your donation to AEDECOL from your taxes in most other countries.
Verifier how much you can deduct as the percentage varies from one country to another.
AEDECOL is a non-profit organization authorized by the Prefecture of Police in Paris.
Its registered office is at 253 rue Saint Honoré, 75001 Paris, France
AEDECOL is not affiliated with any religious or political entity or institution.
AEDECOL is run by volunteers and no Member or Director receives any remuneration for any duties he or she performs.
Objectives
The objectives of AEDECOL include the following:
- Financing education, health and welfare of students in need
- Teaching, training and sponsoring students, entrepreneurs and families to create, manage and develop small businesses
- Financing exceptional students to attain advanced degrees at home or abroad
- Sponsoring colleges and universities to develop programs and professional, vocational training for young people and adults
- Sponsoring other educational, humanitarian and economic projects for the well-being of Laos and its people
The revenue of the Association is acquired by:
- Donations from individuals, companies, foundations and associations
- Grants, loans and subventions
- Remuneration for services which could eventually be performed by the Association or its Members
- Accounts are maintained according to international accounting standards.
- Annual Accounts are prepared, presented to an Annual Meeting of Members for their approval and filed with the French Government Tax Authorities within three months after the end of each year.
At the first meeting of AEDECOL on October 15th 2009 the Board of Directors and officers were decided as follows:
Mr Michael WALLACE, President
MBA, Wharton, USA;
Chartered Management Accountant, CIMA, UK.
Profession: President WARF sarl; Retired
Permanent address: 7 rue Coq Heron, 75001 Paris, France
Address Laos:c/o Lao-American College, PO box 327, Kaysone phomvihane Road, Vientiane
Mr Shuang (Gordon) GAO, Secretary
Business Administration degrees from Euro-Med, Marseilles & Shanghai University
Profession: General Manager WARF sarl
Address: 253 Rue St Honoré, 75001, Paris, France
For more information on the Officers, their CV’s and the Articles of Incorporation (Statuts) please contact us at: [email protected], or [email protected]
Tax Exemption Status
AEDECOL is recognized by the French Ministry of Finance and the Prefecture of Police as a non-profit organization qualifying donations for tax deductions.
France
Individuals can deduct 66% of donations from income tax (limit 20% of taxable income).
Companies can deduct 60% from profits tax (limited to 5% of their sales or turnover).
Europe
You can deduct the amount of your donation to AEDECOL from your taxes in the European country in which you are resident.
Verifier how much you can deduct as the percentage varies from one country to another
(The European Court of Justice in Luxembourg ruled on 27.1.2009, (Hein Persche v German Tax Authority) that a tax deduction is permitted for a donation made to an Association located in a European country other than the tax payers country of residence)
This can apply to Income Tax, inheritance tax and corporate profits tax.
USA
If you live in the USA, you can make a donation via check or wire direct to AEDECOL (see section "How to Help")
Sponsorship is entirely tax deductible and 100% of your contribution will go directly to support the project of your choice
Donations from other countries
You can deduct the amount of your donation to AEDECOL from your taxes in most other countries.
Verifier how much you can deduct as the percentage varies from one country to another.
