Document background
Foundation Articles of Association are essential founding documents required under Danish law when establishing a foundation (fond). These articles serve as the constitutional framework that defines the foundation's purpose, structure, and operations. The document must comply with the Danish Foundation Act and, where applicable, the Commercial Foundations Act. It is required when registering a new foundation with the Danish Business Authority (Erhvervsstyrelsen) and contains crucial information about initial capital, governance structure, board composition, and distribution policies. The Articles of Association are particularly important as they cannot be easily modified after establishment without regulatory approval, making their initial drafting critical for the foundation's long-term operations.
