Teatro Fabrica has received the status of a public benefit organization

By decision of the State Revenue Service of the Republic of Latvia No. 32.6 / 8.71 / 22712 of July 21, 2021, Teatro Fabrica was granted the status of a public benefit organisation.

The status is valid starting from July 30, 2021.

According to the law, an organisation can be considered as socially useful if its activities are aimed, in particular, at charity, the development of civil society, support of cultural projects and bring significant benefit to society or a particular social group.

By providing support to an organisation of such kind, legal entities and individuals are entitled to appropriate tax reliefs in most countries.

More about benefits for legal entities (LV, Eng): https://likumi.lv/ta/en/en/id/292700-enterprise-income-tax-law

More information about benefits for individuals (LV, Eng): https://likumi.lv/ta/en/en/id/56880-on-personal-income-tax

You can check whether an organization has a valid status in the open database of the State Revenue Service: https://www6.vid.gov.lv/SLO

If you are not a Latvian tax resident, please check with your own tax authorities: in general, your donation or part of it is deductible from your income tax up to a certain ceiling.