# Creating an Organization

Becoming an  Organization means that you can manage your funds in your own bank account.

You can opt to become independent and still use the features on the Open Collective platform. If you are currently fiscally hosted, you will no longer receive the admin support of a Fiscal Host, which means you will need to handle your own finances, accounting, and liability.

{% hint style="warning" %}
If you are not sure you are able to manage your project's finances or admin effectively, you should seriously consider [applying to a Fiscal Host](https://documentation.opencollective.com/fiscal-hosts/fiscal-hosts).
{% endhint %}

### **Choose an option**

[launching-an-organization](https://documentation.opencollective.com/organizations/creating-an-organization/launching-an-organization "mention")

Select this option if your Collective does not currently exist on Open Collective

[migrating-from-fiscal-host-to-an-organization](https://documentation.opencollective.com/organizations/creating-an-organization/migrating-from-fiscal-host-to-an-organization "mention")

Find out how to leave a host and become an Independent Collective


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