The Nobilex Law company is engaged in the registration of enterprises of various forms of ownership, corporate law is one of the main areas of our work. Our lawyers with more than 11 years of experience in this area will be able to quickly and efficiently resolve your issues. By contacting us for the registration of a joint-stock company, you will receive a whole range of services for a very reasonable amount.
What is included in Nobilex Law’s services for registering a joint-stock company?
We try to make our clients’ lives and businesses easier, so we take care of all the paperwork. Forget about endless queues outside government offices, our lawyers will prepare and process all the necessary documents for you. Our company provides a turnkey JSC registration service. This service includes:
- Consultation on all issues that arise regarding JSC;
- Preparation of a full package of documents;
- Checking the name of the enterprise;
- Resolving the issue with the legal address;
- Payment of state fees at the bank;
- Submission of documents for registration and obtaining a certificate of such registration of the enterprise in the district administration;
- Registration of the JSC with the tax service, pension fund, statistics authorities, social insurance fund, employment center and obtaining the relevant registration documents from these government agencies;
- Production of the enterprise seal;
- Registration actions for the issue of shares and assignment of a registration number to the shares.
What is a joint stock company and what is the registration procedure?
A joint-stock company (JSC) is a company whose authorized capital is divided into equal parts (shares) of a certain nominal value, the corporate rights to which are determined by the shares. A JSC may have one member or more than one hundred. The minimum size of the authorized capital is determined based on the minimum wage established on the date of registration of such a JSC and is not less than 1,250 such salaries. Joint-stock companies can be private (PJSC – provides for closed placement of shares) and public (PJSC – both closed and open placement of shares are possible).
The procedure for registering a JSC is quite complicated, requiring time and knowledge of not only the basic requirements but also the “pitfalls”. A joint-stock company can be created by establishing a new enterprise, merger, division, spin-off or transformation of existing enterprises. Registration begins with holding a constituent meeting and approving the decision to register a JSC, after which it is necessary to contact the National Securities and Stock Market Commission to obtain permission to issue shares and register the issue, register such shares and approve their identification number, approve the charter of the JSC at the constituent meeting, collect and submit documents for registering the JSC with government agencies and receive such documents after registration, issue documents for shareholders on their right of ownership of such shares.
Documents required for registration
Documents for registering a JSC for a founder who is an individual resident:
- A copy of the passport and identification code of the management (director, chief accountant) of the JSC;
- Declarations of each founder on income and property for the period in which income/financial resources contributed to the authorized capital were received.
The presented list of documents is not exhaustive, since certain documents may be required in each specific situation. The list of such documents for non-residents and legal entities differs significantly. It is also worth noting that the registration of a private and public joint-stock company differs in the set of documents.
As you can understand, the registration procedure is quite a labor-intensive process. You can study in detail all the requirements and nuances of the legislation regarding the registration of JSC or just call Nobilex Law and entrust your business to professionals. We work for you!