Joint Stock Company is one of the ways of organizing business.This organizational and legal form of the enterprise, has the opportunity to bring an unlimited amount of free funds through the issuance and sale of securities - shares.The founders of the joint-stock company can be both physical and legal persons.Those who purchased shares, become co-owners of the company, but the number of rights and opportunities that they will have depends on what percentage of their shares up to all shares of the company.Joint Stock Company operates under the law of the Russian Federation "On Joint Stock Companies" and the Charter, should be established by all shareholders of the company.
is a closed joint stock company (JSC) and open (OAO) types.And then, and another after his registration has every right to sell their shares.However, the sale of the closed and open joint stock company will be held in a different order, that is the main difference between the two AB.
Closed Joint
belong to this type of society, the securities of which, ie,shares may be distributed only among its founders or other predetermined persons.Company has no right to hold a public subscription for shares issued, as well as sell them to the public.This joint-stock company is a limit imposed on the number of shareholders themselves: they are not under the law can be more than 50 people.Accordingly, the share capital of CJSC much less than of.If someone from the Company shareholders decided to sell their shares, the first thing it has to offer to other shareholders of the company.And just in case they did not dare to exercise their full right to buy these shares, the latter may be sold to third parties (this position is defined by the Charter of JSC).
Open Joint
Such stock company in the course of business may sell shares without any restrictions, it is the right organization and subscription of shares.These capabilities can significantly increase of its authorized capital, as well as to bring to the development of its commercial activities in new faces.The sale of shares may be carried in unlimited quantities and unlimited number of individuals and legal entities, with all transactions should be in accordance with the legal and legislative acts of the Russian Federation.Such a public joint stock company is characterized by the fact that each of its shareholder can freely dispose of their shares, it does not require the consent of other shareholders.
annually of an obligation to publish an annual report, as well as information on income statement and its balance sheet.By law, this information is not confidential, so anyone is free to see it, anyone can.
Types of shares
shares are of two types: ordinary and preference.Holders of preferred shares have no voting rights in the Council of Shareholders, they are guaranteed to receive dividends, the so-called income from profits on the shares, no matter at what level is the development of the enterprise.If we talk about the owners of ordinary shares, though they receive dividends, but the latter are unfixed.Their size depends entirely on how the company is developing successfully.At the same time the owners of ordinary shares are not deprived of the right to vote in the Council of Shareholders.
Creation of the company is warranted step in the case of organized activities want to get big business.Here, however, it will not be able to do without the initial capital, and it is already beginning to be rather big.It is worth noting that the stock is not suitable for every business, but that it makes a great contribution to the economic development of the country.
