Exchange Commission

3. Legal entities other than the tax authorities should take the statements in the statistical authorities. Individual entrepreneurs statistical reports are not and do not provide. 4. The procedure of state registration of legal persons is much more complicated procedure of state registration of individual entrepreneurs. While individual entrepreneur to its registration visit only the tax committee, an entity must pass through the chain of registration authorities: Department of Justice – Department of Statistics – the tax committee.

For state registration in the judicial authorities must provide the foundation documents: the charter and articles of association (or only the charter – if a parent entity) as well as an application for state registration, authorization, if the documents submitted by the representative of the founder. For legal entities, non-small businesses need a document confirming the location (however, tax authorities in many regions require the document with all legal entities). 5. Expenditure on registration of legal persons is much higher than the cost of registration of individual entrepreneurs. Must pay fee for registration of legal entity, which is 5 mci (4,360 tenge) for organizations of small businesses, and 20 mci (17,440 tenge) – for all others. Development of constituent documents of the state and Russian tenge – two copies) and memorandum of association (4360 m.), copies of documents for registration authorities and the Bank (within 4000 – 5000 m.), specimen signatures and seals in the bank (436 tenge per card, up to 4 cards). Will also need to pay the cost of manufacturing seals and stamps (1000 m.), and opening a bank account, if this procedure is paid (up to 3,500 tenge).

And one more point about costs. The founders of the legal entity responsible for paying its charter capital. Minimum charter capital for llc is 100 mci (87,200 tenge). In this case, the founders llp required prior to registration to pay him money or property not less than 25 percent but not less than the established minimum size (100 DPM). And although the introduction of capital in registration is not checked, the duty to make one has repealed. Therefore, these amounts can be safely added to the costs of establishing a legal entity. The authorized capital of the joint should be not less than 50 000 monthly (4360 0000 tenge) payable by the founders ao no later than 30 days from the date of its registration. 6. Entity in the normal course of business have to deal with a large number of documents. To make and registration of any deal would require decisions and minutes of the meeting of founders, the constant production of copies of the statute, the certificate of registration, statistical card, evidence of the taxpayer, etc., individual entrepreneurs in most cases, costs only a certificate of registration. The main differences of joint stock companies of private limited Liability 1. The main difference is that the authorized capital of joint-stock company is divided into shares and authorized capital of llc – a fraction of the participants. Issue of shares must be registered in the Securities and Exchange Commission. Therefore, Ltd. is simpler and more common legal form than ao. 2. Founding documents llp is the charter and foundation agreement (if 2 or more participants). The only founding document of ad is charter. 3. The minimum authorized capital is 100 mci Inc. (87 200 tenge), and the minimum charter capital of jsc – 50 000 mci (4360 0000 m.), mci. As we see the company – a form of big business.

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