types of stock companies
publicly owned joint-stock company
The Company, whose shares are placed
by open subscription, are required to publicly
disclose information about themselves,
as well as the results of all audits.
privately-held company
Shares are distributed only among
participants and founders. Such company
is not obliged to publish its financial
reports. Number of shareholders
should not exceed 50.
What you need
to register a joint-stock company
personal tax reference number
of the head and founders of the company
If the founder is a legal entity
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This procedure is mandatory, and it must be completed within 30 days from the date of registration of the JSC.
The change in the charter capital of joint-stock companies (closed and open joint-stock companies) as a whole is a more complicated procedure, since to increase / decrease the authorized capital it is necessary either to change the total number of shares or change the nominal value of these shares. In any case, such changes require initial registration with the Federal Service for Financial Markets (FSSR), and then amending the Charter of the company.
Mandatory registration of the issue of additional shares is necessary with the increase of the authorized capital by issuing additional shares at the expense of the joint-stock company’s property and investments of money from third parties.
The Company is obliged within 30 days to notify all the creditors about its new size, as well as to publish a message in the press about the decision taken. It should be remembered that as a result of a decrease in the authorized capital, the size of the balance should not be lower than the allowable.
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