Business companies

These are the most versatile of society, and therefore common.Business companies are created by one person (the owner), or by several persons by a separate property for the purpose of their business.They are one of the types of businesses.

Business companies and types of Russian legislation divides into three categories: the liability limited to the extra responsibility and liability.It combines their share capital, which is divided into shares.Actually, it is this and different business companies from other commercial organizations.A property fund created by the participants (founders), belongs to all the participants for the right of property and divided into shares.

Consider the types of business entities in more detail.

Limited Liability Company - commercial organizations in which the share capital is divided into predetermined size (a share).Established several persons and one person.Own society are the contributions of the participants (investment risk means).Hence the name.

Among the constituent documents must be the foundation agreement (when two or more parties) and the charter.The supreme body - a collection.Management may make one (elected) members, and the board (collectively).The name of the company shall contain the words "limited liability".

distinctive feature - closer relations participants, more closed membership.The maximum number of participants - 50. Otherwise the company is subject to any conversion of a production cooperative (or stock) or liquidation.

Changes in the composition of participants, as well as their property, is not grounds for liquidation.

For additional liability include commercial organizations, where the share capital allocated to certain pre-share.The founder can be a single person or several (vicarious liability in this case is carried respectively capital contribution).The main provisions are reflected in article 95 of the Civil Code.This society, as the name suggests, is different from the previous presence of liability of the members in proportion to their shares.If one of the parties goes bankrupt, its share "grows" to those of the other participants.

For joint-stock companies are commercial organizations with share capital, which is divided among the participants in the form of shares.It can be opened and closed (Federal Law, Article 7, para. 1).

Exit society is possible only if the transfer of shares owned by the shareholder, or the payment of equivalent fixed amount.The risk of losses is determined by the value of the shares of shareholders.For participants who do not pay all the shares falls shared responsibility (the risk is proportional to the unpaid portion of the shares).

Company may be created based on an existing legal entity (in the reorganization), and possibly the establishment of a new one.Relations are governed by the founders of the memorandum of association.

founding document of the organization is approved at a meeting of the charter, which is assigned a name (short and full), location (address), the rights of shareholders, type of shares, their value and quantity, the amount of share capital, representative offices and branches and so on. Controls- Board of Directors or the shareholders' meeting.

Business companies - legal persons involved in all that does not contradict the laws of business.They are operating on their own (financial) accounting, define static information and provide reports to the bodies established by law.