The foundation is set up as a non-profit open-membership organisation (NPO). Its registered office is hosted in Galway, Republic of Ireland, by courtesy of DERI. For that reason, as well as for the benefit of broad international recognition, OSCAF is incorporated in the Republic of Ireland adopting the Irish type of NPO, namely a "Public Company Limited by Guarantee and not having Shares".
As OSCAF does not distribute its income, if any, to its members but will reinvest it to the promotion of the objects, the foundation applies for charitable status -- effecting tax relief.
As OSCAF's objects will be the promotion of technology and science, it is permitted to leave out the suffix "limited" (Ltd.) from its company name, except on its letters, formal documents, etc..