Legal Statute

WCFA
Tax Registration No.125819
Promenade 85, 7270 Davos Platz, Davos, Switzerland
E-mail: mainoffice@wcfaglobal.com
Tel: +359 888 50 31 13

Statutes
World Communication Forum Association


Article 1

World Communication Forum Association, registered in Davos, Switzerland is nonprofit association governed by the present statutes and, secondly, by Articles 60 et seq. of the Swiss Civil Code. It is neutral politically, and nondenominational.

Article 2

The Organization's headquarters are located in Promenade 89, 7270 Davos Platz, Davos, Switzerland. The Association shall be of unlimited duration.

Aims

Article 3

The Association shall pursue the following aims:
• To form a cross-border and cross-cultural community of professionals in the public communications field and increase its influence on the global development via global agenda focused on all types of public communications, media and public relations, social media, branding and visual communications.
• Proceeding from the idea of public communication as a key factor in the development of the humanity, intensify the research of future specifics: new behavior models, educational models, recognition and influence.
• Development of the community of young professionals, by financing cross-national internships for students from communications schools.
• Supporting the annual World Communication Forum in Davos summit, as a platform for discussion of the global communications agenda and the influence different channels have on the development of the society, business and the communications industry.
• Organizing regular online forums and discussions on variety of topics in the field of public communications.
Resources

Article 4

The Association's resources are derived from:
• donations and legacies.
• sponsorship.
• membership fees.
• World Communication Forum participation fees.
• any other resources authorized by the law.
The funds shall be used in accordance with the Association's social and development aim
 

Members

Article 5

Any individual or legal person may become a member if they are committed to the aims and Statute of the Association.
The Association comprises of:
• Founding members
• Corporate Members
• Individual Members
• Students’ Members
• Honorary members

Requests to become a member must be addressed to the Global Executive Board. The Global Executive Board admits new members and informs the General Assembly accordingly at the Annual Meeting.
Members can be only companies, individuals or students who properly have paid membership fees.
The Executive Board defines the preconditions to become honorary member and appoints new honorary members. Honorary members do not pay membership fees.
Members have the following rights:
• to participate at the General Assemblies.
• to be elected as members of the Global Executive Board.
• To have reduced participation fee for the WCFA global and regional events.
• using the Association’s logo in their busines letters.

No matter what time of the year new members join the Association, they must pay the membership fees for the whole current year.
Membership ceases:
• on death of natural persons or dissolution of legal persons
• by written resignation thereby notifying the Global Executive Board at least three months before the end of the financial year.
• for non-payment of dues until the end of the month after the invoice was sent for payment or non-payment until the end of the first month after membership started.
 
In all cases the membership fee for the current year remains due.

Members who have resigned or who are excluded have no rights to any part of the Association’s assets. Only the Association's assets may be used for obligations/commitments contracted in its name. Members have no personal liability.
 

Management

Article 6

The Association shall include the following bodies:
a) General Assembly
b) Global Executive Board
c) President
d) Controller

 

General Assembly

Article 7

The General Assembly is the Association's supreme authority. It is composed of all the members. The ones who cannot be present can delegate their vote to another full member. A full present member can represent up to 3 (three) non present at the Assembly members.
The General Assembly shall be hold in a yearly ordinary meeting. Extraordinary meetings can be hold whenever necessary, at the request of the Executive Board or at least of one-third of all members of the Association.
The General Assembly can be hold via physical meeting or via online real-time platform.
In the case of a physical meeting, the General Assembly shall be considered valid regardless of the number of members present.
In case of a physical meeting, the Global Executive Board shall inform the members in writing via physical mail or email of the date of the General Assembly at least two weeks in advance. The notification, including the proposed agenda, shall be sent to each member at least 7 days prior to the date of the meeting.
In case of using an online real-time platform, the Global Executive Board must inform the members via email about the proposed resolutions and documents at least 30 days before the meeting and give a deadline of at least seven calendar days to reply if they cannot join the online meeting after the invitation was sent.
If the information of the members happens via email, such information is considered to be received if the email has been sent to the email address announced by the members to the Association.

Article 8

The General Assembly:
a) takes note of the admission of members and decides appeals against exclusions of members ordered by the Executive Board.
b) appoints the members of the Executive Board and elects the President.
c) defines the term of the service to the President and The Global Executive Board
d) notes the contents of the reports and financial statements for the year and votes on their adoption.
e) approves the annual budget and expenses.
f) appoints a controller for the Association’s.
g) decides on any modification of statute.
h) decides on the dissolution of the Association.
e) decides the membership fees.

Article 9

The General Assembly is presided by the President of the Association.

Article 10

In case of physical meetings, decisions of the General Assembly are taken by a majority vote of 50% of the members present. Non-present members can delegate their voting rights via written power of attorney to another member present. In case of deadlock, the President shall have the casting vote.
Decisions concerning the amendment of the Statutes and the dissolution of the Association must be approved by a two-third majority of the members present.
In case of using online platforms, decisions of the General Assembly are taken by a majority of 50% of the present members of the Association.

Article 11

In case of physical meetings, votes are by a show of hands. Voting can also take place by secret ballot, if at least 30% of the members request it.

Article 12

The agenda of the ordinary annual session of the General Assembly may include:
• approval of the Minutes of the previous General Assembly.
• the Global Executive Board Annual Activity Report.
• the report of the Controller.
• the setting of membership fees for the next year.
• approval of the budget.
• approval of reports and accounts.
• election of Global Executive Board members.
• election of President.
• election of Controller.
• miscellaneous business.

Article 13

If the General Assembly meeting in provided by online real-time platform, the meeting must be recorded and kept into the archive of the association.

 

The President

Article 14

The President is elected by the General Assembly with three years mandate. Maximum of two mandates are possible.

Article 15

The President represents the Association in front of all the third parties, including authorities and financial institution.

Article 16

Having in mind that Association members are located in different countries, The President represents The Association solely, signs all documents, legal and accounting, opens and closes bank accounts and payment.

Article 17

The President reports in written to the Global Executive Board when needed and seeks also for written approval or online recorder approval for the important activities and expenses higher than 3 000 (3 thousand) US dollars.
 

Global Executive Board

Article 18

The Global Executive Board is authorized to carry out all acts that further the purposes of the Association.
Only members who paid their membership fees and do not have any outstanding bills to WCFA might be elected at the Global Executive Board.

Article 19

The Global Executive Board is composed of at least three members, all elected by the General Assembly with a single majority of the present members. Each member's term of office shall last for three year and could be renewable unless the General Assembly decides different.

The Executive Board can establish Sub Committees to deal with certain tasks. Members of the Subcommittees do not have to belong to the Global Executive Board. The Sub Committees report to the Global Executive Board and have no executive power.

Article 20

The Global Executive Board meets as often as the Association's business requires, but at least once in three months or four times a year. Global Executive Board meetings can be hold via any online real-time platform.
Global Executive Board decisions shall be considered valid if at least 50% of the Global Executive Board members are present and are taken by a single majority vote of the members present. Non present members cannot delegate their voting rights. In case of deadlock, the President shall have the casting vote.

Article 21

The Global Executive Board members work on a volunteer basis and as such can only be reimbursed for their actual expenses and travel costs. For activities beyond the usual function, each Executive Board member is eligible for appropriate compensation. Both cases remunerations must be voted by single majority of the Global Executive Board.

Article 22

The functions of the Global Executive Board are:
• to take appropriate measures to achieve the goals of the Association.
• to appoint the Secretary.
• to decide about outsourcing certain activities to third party providers and to supervise the activities of the respective third-party providers.
• to organize the ordinary and extraordinary General Assemblies.
• to take decisions with regard to admission of new members as well as the resignation and possible expulsion of members.
• to ensure that Statutes are applied, to draft rules of procedure, and to administer the assets of the Association.

 

Various

Article 23

The Controller audits the Association's accounts every year and makes a report to the General Assembly. The Controllers’ terms of office shall last for one year and be renewable.

Article 24

The financial year shall begin on 1 January and end on 31 December of each year.

Article 25

Should the Association be dissolved, the available assets should be transferred to a non-profit organization pursuing public interest goals like those of the Association.

Article 26

The present Statutes have been approved by the Constituent General Assembly via online meeting real-time on platform Zoom 22 October 2020.
 
Signed by

Maxim Behar - WCFA President 
Jessica Krusteva - Secretary of the Meeting

October 22, 2020