Joint Stock Company

In addition, the company said in favor of its study and transparency, and also understandable for most entrepreneurs. Open Joint Stock Company (JSC). In accordance with st.96, 97 of the Civil Code recognizes joint stock company whose charter capital is divided into a specified number of shares; participating company (shareholders) are not liable for its obligations and bear the risk of losses associated with the company's activities within the value of their shares. Joint Stock Company, whose members may sell their shares without the consent of other shareholders, is an open joint stock company. This company has the right to conduct an open subscription for shares issued by it and available for sale the conditions prescribed by law and other legal acts. This type of organizational form involves a large number of members (shareholders) more than 50 people. Used as a rule, big business.

Gives opportunity to participate in the management of the company by buying aktsiy.Zakrytoe Joint Stock Company (CJSC). Joint-stock company whose shares are distributed only among its founders or other predetermined range of people, is a closed joint stock company. This company has no right to conduct an open subscription for shares issued by it or otherwise offer them to an unlimited number of persons (Article 97 of the Civil Code). The main honors from the company of his is "closed" from the free sale of shares in the market. This organizational form is most often used by banks, insurance and leasing companies.

Entrepreneur without a legal persons (individual entrepreneurs). Article 23 of the Civil Code states that an individual may engage in entrepreneurial activities without forming a legal entity with the state registration as a private entrepreneur. This organizational form is most common in small businesses. This form has several advantages for the citizens who have decided to create a business: you need to prepare papers for submission at least on the state registration businesses, in addition, for entrepreneurs in the legislation provides for tax exemptions. But there is a such a form and minuses – in the case of debts, an individual entrepreneur shall be liable with their personal assets, such Entrepreneur harder to get a bank loan, and in the eyes of potential partners IP does not look too impressive. Summarizing, we can say that the choice of organizational form that is suitable for you depends, primarily on the goals you set for the business. When preparing a business plan weigh the possibilities and evaluate prospects. If you are not 100% confident in the choice of any one organizational form or doubts about the direction of your company – choose the company as the most versatile and flexible organizational form. (C) Kobzeva Natalia especially for the site

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