What it is
This is not a type all of its own, but constitutes a “special status” that can apply to the above-mentioned entities (associations, foundations, committees) and also to for-profit or mutual companies (e.g. cooperatives).
It can be used for performance of the following activities of social benefit:
- Social assistance
- Health care and social care
- Environmental protection
- Protection of cultural heritage
- University training
- Non-formal training
- Social tourism
- Services provided to social enterprises by bodies more than 70% composed of organisations engaged in social enterprise.
There is a partial limitation of capital liability of the participants even when under the corporate form used there would normally be unlimited personal liability of such persons (partnerships). Up to 50% of the workforce may be volunteers.