Document background
Foundation Articles of Association are essential documents required for establishing and operating a foundation in Germany. This document type is mandatory under German law and must be prepared in accordance with the German Civil Code (BGB) and applicable state foundation laws. It serves as the foundation's constitutional document, detailing its purpose, asset management, organizational structure, and governance rules. The Articles must be approved by the relevant state foundation supervisory authority and typically require notarization. They are particularly crucial as they are difficult to modify once established, making careful initial drafting essential. The document provides the legal framework for the foundation's operations and helps ensure compliance with both civil and tax law requirements for foundations in Germany.
