Regulatory Alerts2025-01-01
System No. (14) of 2025 AD Amending System No. (20) of 2022 AD on Non-Profit Companies
The Palestinian Cabinet issued System No. (14) of 2025 to amend the Non-Profit Companies System, introducing strict regulations for electronic fundraising and enhancing financial transparency. The amendments mandate periodic technical and financial reporting every six months, cap total staff salaries at 25% of the annual budget, and require prior ministerial approval for funding sources exceeding $500,000. Additionally, the system establishes a comprehensive licensing framework for electronic donations, including specific application procedures, validity periods, and penalties for non-compliance.
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