Registration of economic entities

Our Company provides services of enterprise registration of any legal forms and also of physical persons as businessmen without a status of an artificial person. Our specialists provide preparation of the necessary set of documents for registration, provide consulting on the question of registration and provide the procedure of registration with the least expenses.

We offer you the following services

• Registration of physical persons as businessmen
• Registration of a sole proprietor, liability company limited, join-stock company (close and public corporations)
• Registration of the representatives of foreign economic entities (nonresidents)

Registration of a sole proprietor

In spite of a legal form of the sole proprietor has a statues a artificial person, a businessman has the right to engage in any business settled by the Law, to be a customer of works and services and also to use hired labour. This form is very useful for small tradings and repair services and also enterprise providing services

In comparison with Liability Company Limited and Join-Stock Company, basic advantages of a Sole Proprietor are:

• Absence of requirements to the presence of the ownership capital
• A short procedure of registration
• Domiciliary registration of sole proprietors
• Sole proprietors are not obliged (but they can) to have a current bank account
• A simple chart of record-keeping does not require an accountant on the staff.
• Simplified system of taxation.

Registration of Liability Company Limited

Our Company provides services of preparation of documents and registration of LTD.

Liability Company Limited is the most popular legal form among small and a part of medium business having the status of an artificial person but being the simplest form in registration and management if to compare with join-stock company.

In comparison with join-stock Company distinctive advantages of LTD can be the followings:

• Comparatively small ownership capital. It is a 100 official minimal wages at the moment of registration.
• Forming of the ownership capital by means of membership fee with property and/or money. In this way the procedure is simplified.
• Simplified system of enterprise management. Authorization of executive body, as a rule a sole authority, is limited by governing body of an enterprise such as owners’ meeting.
• Absence of the legal settled requirements to the drawing up and handing over special reports and also of its publication.

Registration of Join-Stock Company (close and public corporations)

Our Company provides services of preparation pf documents and registration of join-stock companies (close and public corporations).

The procedure of registration is complemented with the issuing and distribution of shares by closed subscription among certain persons of the membership (for close corporations) or by public subscription among uncertain persons (for public corporations).

Peculiarities in foundation and activity of join-stock companies

• Forming the ownership capital to the amount of 1250 official minimal wages at the moment of the state registration
• Forming the ownership capital is provided only with money in the way of selling of shares to the future shareholders.
• Presence of special obligations, depending on the status of the participant of the securities market:
  a) The necessity accounting system services of the proprietary right in the way of signing of the proper treaties with the professional participants of the securities market ( Recorders) (at the documentary form of issuing) or Keepers (at the nondocumentary form of issuing)
  b) legislatively settled necessity in drawing up and handing over regular information  to special control authority  (State Commission on Securities and Fund Market) (for Close Joint-stock company is annual and special information, for Public Joint-stock company is quarterly, annual and special information);
  c) Making public the financial and annual financial statements in the way of publication in certain printing MASS-MEDIA or placing on the sites of information agencies;
• complex control system of an enterprise: along with the shareholders’ meeting  (governing body), "operative supervision" after activity of executive body, as a rule, a collective body, is carried out by a supervise council.

Making changes in a statute

Early or late any company runs into a necessity to make changes in statute in such cases as changes of participant list of the company, changes of the name, types of activity, the increasing or decreasing of the ownership capital, changes of legal form of an enterprise (reorganization); changes for the joint-stock companies are additional issuing shares, changes of legislation and others.

Our lawyers will consult you on all questions related to the procedure of re-registering, will prepare a new draft statute of  your company and will register it in all necessary authorities and bodies.

Registration of representative offices of foreign economic entities