Limited Liability Company

Fixing the value of a contribution in kind, which is consisting of the securities is done in two ways:

by applying of the special rules which are prescribed by Article 57 of the Law on Companies or
by applying of the general rules, which are prescribed by Article 51 of the Law on Companies, for appraisal of the value of a contributions in kind which ought to be entered in other goods.

Valuation of securities by applying of the special rules

According to the provisions of Article 57 of the Law on Companies fixing the value of the contribution in kind, which is consisting of securities, shall be valid if the following conditions are met Continue reading Valuation of the contribution in kind consisting of the securities →

Status and position of the entrepreneur and the company is governed by the provisions of the Law on Companies.

The entrepreneur, according to the provisions of Article 83 of the Law on Companies, is definied as a natural person with full capacity who is registered in the Business Entities Register and is engaged in a business activity for the purpose of profit generation.

Entrepreneur or company

Also the entrepreneur in terms of the Law on Companies, shall be a natural person registered with a special register who carries on a professional activity governed by a special regulation, if this is provided by such regulation. Continue reading Entrepreneur or company →