Investor Presentaiton
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COMPANY FORMATION PROCEDURE:
memorandum of association
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•
obtaining a trade license
•
contribution payment
registration in Commercial Register.
A company is formed after a founder's deed or a
memorandum of association has been completed and
signed. Limited liability companies and joint-stock
companies must obtain these documents in the form of a
notarial deed.
After the founder's deed or memorandum of association
has been signed and filed, the future executives/directors of
the company must register their trade licences at the Trade
Licensing Office and obtain the documents necessary to
register the address of the company.
The company founders also need to appoint a contributions'
administrator responsible for proving to the Commercial
Register that the contributions to the registered capital have
been paid up by the shareholders.
After the future executives/directors have collected all
necessary documents, they may file an application for the
registration of the company in the Commercial Register.
Once the court administering the Commercial Register or a
notary issues a decision on the company registration and
this decision enters into force, the process of the company's
formation is complete.View entire presentation