In the digital age, it is no longer required to maintain and store accounting documents in physical form.

Electronic Archiving of Accounting Documents
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In the digital age, it is no longer required to maintain and store accounting documents in physical form.

Non-governmental organisations (NGOs) provide support and services in many areas, such as social welfare, education, culture, sports and environmental protection. Although they are not set up for profit, they may carry out economic activities which become subject of a Value Added Tax (VAT).