Terceiro setor e sociedade empresária, aspectos contábeis e tributários: um estudo das demonstrações contábeis da afia-associação franciscana de instrução e assistência

Abstract

This study aimed to demonstrate the main differences between Association and Limited society in their Tax and Accounting aspects in light of the financial statements of AFIA Associação Franciscana de Instrução e Assistencia. We sought to identify what the main differences are between a third sector entity and a limited company in its tax and accounting aspects. According to the approach to the problem, the research was characterized as qualitative and, regarding the proposed objectives, it was characterized as descriptive, using bibliographical and documentary research. It was possible to identify that, due to the fundamental objective of the Associations (to carry out a non-economic activity, or for nonprofit purposes), and the Limited Companies (to carry out economic activity and share the results among themselves), the two entities will differ in different ways. This difference between the entities' objectives causes accounting standards and legislation to establish some criteria that will impact all tax and accounting aspects of the two entities, differentiating them in terms of: the form of incorporation, the name of the share capital, the registration formalities, the administrative structure, the types of mandatory financial statements, the denomination of the result, the tax regimes, the qualifications, certificates and ancillary obligations.