NGO for sale

This is where you can buy and sell anything you want in Cambodia! There is no 'Craigslist Cambodia,' so this is the next best thing. Most items for sale are in Phnom Penh, but this is a buy and sell section for the whole country. Many expats and tourists have new and used items to sell, so anyone can list them here. CEO has no part in these sales, so buyers and sellers need to get in contact with each other themselves. You're always welcome to list items you're giving away for free, as we encourage the community to give when they can. Amazon and eBay ship select items to Cambodia, but you save time and money when you do things locally.
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frank lee bent
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Re: NGO for sale

Post by frank lee bent »

presumably they are selling the lease and physical assets.
i do not think you can sell the actual legal entity of NGO.
not for profit does not mean that the organization cannot make a profit, rather, any profits must be reinvested into the enterprise instead of paying dividends to shareholders or "owners" of the enterprise.
it is a fair question though, what happens to the money derived from the sale of the property.
i think- but i am no lawyer.
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