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Thursday 24 November 2011

Commercial companies – generally


Trading company is a legal person established for business people or more on a larger scale. Companies are a public company, limited partnership, limited liability company, joint stock company, a European Company and European Economic Interest Grouping.

Establishment of the company are two different concepts. In the first stage is to establish a company and in the second stage is to its emergence as a legal entity, as of the date of registration in the Commercial Register. In the period between the establishment and the development company does not have legal personality. Owners are only in the position of the founders, not companions.

Negotiations before the emergence:-

In the event that someone acting on behalf of the company prior to its creation, this act is committed. If shareholders approve this action within 3 months of its inception, true that the company was committed to these negotiations from the beginning.

If the shareholders approve the negotiations, they remain committed to meeting these people who acted on behalf of.

Establishment of the company is essentially a complex process related legal and related operations and is common that the founders of this activity entrust into the hands of their lawyers or specialized firms that prepare all necessary documents and take care of the whole process of the formation of companies, including communication with the relevant courts and authorities.

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