How To Create A Joint Stock Company

Table of contents:

How To Create A Joint Stock Company
How To Create A Joint Stock Company

Video: How To Create A Joint Stock Company

Video: How To Create A Joint Stock Company
Video: Establishing a Joint Stock Company in Turkey 2024, April
Anonim

A joint-stock company is a commercial organization, the authorized capital of which is divided into shares, which certify the rights of its members in relation to the company itself. Shareholders are responsible for the company's obligations only within the limits of their share of shares. Depending on the number of shareholders, companies can be closed (less than 50 shareholders) and open (the number of shareholders is not limited).

How to create a joint stock company
How to create a joint stock company

Instructions

Step 1

A joint stock company can be created from an already existing legal entity by means of its transformation, merger, division, separation. It is also possible to create a society by establishing it. The founders can be both citizens and legal entities. State bodies and local self-government bodies cannot be members of the founders, if this is not provided for by law.

Step 2

The creation of a joint stock company through its establishment is carried out by the decision of its founders. This decision is made at the meeting of all founders. At the same time, the issues of management of the company, the approval of its charter, the establishment of control and audit bodies are being resolved. The founders conclude an agreement among themselves on the creation of a company, determine the size of the authorized capital, the procedure for its payment, the type and procedure for the company to carry out its activities, the number and types of shares, the rights and obligations of the founders.

Step 3

After all the above issues are settled, the establishment of the company is subject to state registration in the unified state register of legal entities. The documents necessary for this (the decision of the founders to create a company, the charter, the memorandum of association, receipts for the payment of the authorized capital) are sent to the registration chamber.

Step 4

There they are tested for compliance with the current legislation, after which a decision is made to register the newly created company. Only from the moment of state registration a joint-stock company is considered to be created.

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