[Owasp-board] VOTE Request - OWASP Europe Foundation

Matt Tesauro matt.tesauro at owasp.org
Mon May 9 13:43:29 UTC 2011


Yes, in principle, I support a EU OWASP Foundation.

-- Matt's phone
On May 9, 2011 12:40 AM, "Seba" <seba at owasp.org> wrote:
> Hi,
>
> I have not seen enough positive reactions on my previous request
concerning
> the setup of an European legal entity.
>
> To gain traction and to have OWASP Europe started by AppSecEU, I need you
to
> vote now (deadline Tuesday 10-May EOB).
>
> I ask you to *vote on the principle if Yes/No you support the startup of
an
> European OWASP Foundation*.
>
> Benefits are:
>
> - Ease of payments (IBAN-BIC numbers) within the Euro zone (less
> accounting overhead, less exchange rate risk exposure, no paypal fees,
> faster cash-in)
> - OWASP deducting / avoiding VAT in the EU (savings on
> chapter/conferences/summit costs)
> - EU people possibly being able to tax-deduct donations to an EU
> non-profit entity (extra revenue)
> - Being able to create EU standard invoices in Euro's (less accounting
> overhead, faster cash-in)
> - Potentially tap into EU/governmental budgets (extra revenue)
> - Less hassle to hire EU employees/contractors (less overhead, better
> social protection for employees)
> - Providing a governance umbrella for EU chapters/events
>
>
> Upon your approval I will initiate the EU Legal entity in Belgium.
> This will cost:
>
> - € 500 for translating the Bylaws in English (takes 3 working days)
> - € 1000 for a notary to make them official. (takes 10 working days)
>
> We can get it done by AppSecEU, but we have to decide now.
> Potential VAT deduction of the AppSecEU costs (21% on estimated € 10000)
> already covers the startup costs.
>
> Yearly book-keeper cost (quarterly VAT and one yearly fiscal declaration)
> will be about € 850 / year.
> We can set up Alison with an EU software package to create and follow-up
on
> EU invoices/ costs.
>
> Can you send us your vote and/or questions by Tuesday 10-May EOB?
>
> Thanks,
>
> --Seba
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