By Michael J. Munkert, Stephan Stubner, Torsten Wulf
The booklet "Founding an organization - guide of criminal types in Europe" presents an simply obtainable evaluate of crucial info any entrepreneur or supervisor wishes whilst finding out for a criminal kind of the company. This makes it particularly fascinating for corporations that choose to input new markets inside Europe and wish to appreciate which requisites and benefits the several criminal kinds have. With the dependent presentation of this data for ten diverse international locations the publication makes it possible for quickly comprehension and comparability of the features mentioned. The ebook is a beneficial source for marketers, specialists and anyone who helps the company formation method in Europe in addition to for academics and scholars operating during this field.
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Extra resources for Founding a Company: Handbook of Legal Forms in Europe
The shareholder, who represents the corporation, has to lodge a deed with his signature. 7 Regulations Concerning Corporate Name The company must provide proper identification of itself to differentiate itself from others. g. “OG”) must be used, for example: • Name derived from the surname: Schmidt OG; • Named derived from the object of the company: XY Lumber Trading OG • Imaginative name: Complex OG. An additional designation indicating the type of business can also be used. 8 Transfer of Shares/Regulations in the Case of Death of a Shareholder The transfer of shares is possible, but every existing, every new and every dropped shareholder (and all limited and general partners) have to verify the transfer.
4 Articles of Association A silent partnership has no formal regulations and verbal contracts and no implied actions are permissible. 5 Minimum Contribution/Initial Capital Fixed capital and minimum deposit are not mandatory, but nominal specification of deposit of the silent partner is obligatory. The silent partner is not committed to raise the agreed deposit or to add to the deposit after losing money. 6 Commercial Register No registration in the commercial agreement is needed for a silent partnership.
An additional designation indicating the type of business can also be used (§ 17 UGB). If the owner operates more than one business, a registration for every single business is possible. 8 Transfer of Shares/Regulations in the Case of Death of a Shareholder The transfer of the business is possible. It must be pointed out that the continuation of the sole proprietorship is mandatory, if business does not stop. g. Müller’s successor) is possible if the former owner or his heirs agree to the given name.
Founding a Company: Handbook of Legal Forms in Europe by Michael J. Munkert, Stephan Stubner, Torsten Wulf