In Colombia, non-profit organizations (NPOs) are required to publish the Certificate of Registration (Letter from the Chamber of Commerce) on their website to ensure transparency and compliance with the country's legal framework. Here are the key reasons:
Proof of Legal Existence:
The Certificate from the Chamber of Commerce serves as official proof that the organization is legally constituted, registered, and authorized to operate. This reassures donors, partners, and the public that the organization is legitimate.
Accountability to the Public:
Non-profits often rely on donations and public trust. Sharing the registration certificate shows that the organization complies with Colombian regulations, increasing confidence in its operations and mission.
Verification of Compliance:
The Chamber of Commerce verifies that the non-profit has met all legal requirements, such as submitting its statutes and governance structure. Publishing this certificate confirms the organization adheres to these regulations.
Transparency in Operations:
By making this document publicly available, the organization demonstrates its commitment to transparency and ethical practices. It allows stakeholders to verify its legitimacy without requiring additional processes.
Legal Requirement for Public Trust:
Colombian law emphasizes transparency for entities that work in the public interest, especially those handling public or donor funds. Publishing the registration document is a way to align with these principles.
Preventing Fraud or Misrepresentation:
This requirement helps prevent fraudulent organizations from misrepresenting themselves as legitimate non-profits, protecting donors and collaborators from scams.
