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förening

A förening is a Swedish term for a voluntary association of individuals or legal entities that come together to pursue a common interest, typically non-commercial. The concept covers different forms, most commonly ideella föreningar (non-profit associations) and ekonomiska föreningar (economic cooperatives), such as cultural clubs, sports clubs, or housing and consumer cooperatives.

A förening is usually formed by at least two founders who sign a founding document and hold

Finances typically come from membership fees, activity income, donations, and subsidies. Accounting and reporting requirements vary

a
meeting
to
adopt
the
bylaws
(stadgar).
The
bylaws
define
the
association’s
purpose,
membership
rules,
financial
arrangements,
governance,
and
how
the
organization
can
be
dissolved.
The
general
meeting
(föreningsstämma
or
årsstämma)
is
the
highest
decision-making
body,
where
members
vote
on
major
matters,
budgets,
and
board
elections.
The
day-to-day
management
is
handled
by
a
board
(styrelse)
and,
depending
on
size,
a
chair
(ordförande)
who
leads
the
work.
Many
associations
appoint
an
auditor
or
use
external
bookkeeping
to
ensure
accountability.
with
the
form
and
size
of
the
organization.
Legally,
many
föreningar
are
recognized
as
independent
legal
entities
that
can
own
property,
sign
contracts,
and
sue
or
be
sued
in
the
association’s
name.
For
activities
with
commercial
or
regulatory
implications,
an
ekonomisk
förening
or
another
formal
arrangement
may
be
more
appropriate
and
involve
stricter
governance
and
reporting
requirements.
Dissolution
occurs
when
members
vote
to
disband,
with
remaining
assets
distributed
according
to
the
bylaws
and
applicable
law.