A joint-stock company is an organization that carries out entrepreneurial activities on a commercial basis.
Distinctive feature of joint-stock companyIs that its authorized capital is divided into a certain number of shares that certify the rights of their owners in relation to this company.
Joint-stock companies are closed (less than 50 participants) or open (the number of participants is unlimited).
Often a joint-stock company is created on the basis ofAlready existing legal entity by amending its statutory documents. The methods of education are different, it can be a transformation, & nbsp-separation, merging, & nbsp-selection. It is also possible to form a joint-stock company through its establishment (creation of a new organization). Its founders can be both physical and legal persons. In cases that do not contradict the legislation, the founders & nbsp-may include & nbsp-state and municipal authorities.
The issue of establishing a joint-stock companyIs decided at the general meeting of its founders. It also discusses the management of the organization, the statutory documents (charter and foundation agreement) are approved, supervisory and control and audit bodies are established. As a result of the meeting, the founders conclude an agreement on the establishment of a joint-stock company, which prescribes the procedure for making contributions to the authorized capital and its size, the goals and objectives of the company, the type of activity, the number of shares issued, and other rights and obligations of the parties.
After the settlement of all organizationalIssues, the constituent documents of the future company, namely the charter and the memorandum of association, are subject to state registration. For its implementation, the documentation (application for registration of the company, charter, constituent agreement, documents confirming the payment of the authorized capital) is sent to the registration chamber. After carrying out a check on compliance with the legislation of the submitted requirements, a decision is made on state registration (entry of a record on the establishment of a joint-stock company in a single & nbsp-state register of legal entities). After passing the procedure of state registration, the joint-stock company is considered created, and it can begin to carry out its activities.