Global Competitiveness Empowerment Forum (GCEF) was registered additionally as a ‘Public Service Corporation under the Tax Law’ on August 20, 2015, as its contribution to promote public interests was recognized since its establishment.
‘Public Service Corporation under the Tax Law’ refers to a corporation among nonprofit organizations that implement activities promoting public interests, enumerated in the Article 12 of Enforcement Ordinance of the Inheritance Tax and Gift Tax Act. Activities related with religion, charity, and academic research are applied. Inheritance and gift taxes are not imposed on the assets that are donated to a Public Service Corporation in order to encourage donation by a person or an organization for public interests.
Global Competitiveness Empowerment Forum (GCEF) was established as a Incorporated Association, a type of nonprofit organizations on February 18, 2011 after gaining permission from the Ministry of Trade, Industry and Energy (formerly the Ministry of Knowledge Economy) according to the Article 32 of the Civil Act and the Article 4 of the Rules on Establishment and Supervision of Nonprofit Organization under supervision of the Minister of Knowledge Economy and its directors. GCEF will aim to enhance development of enterprises, society and country by advancing CSR, CSV, sustainability, compliance, business ethics, and human value centered management, as it was additionally registered as a Public Serive Corporation.
HOME > News & Views > News 
