Registration of a Limited Liability Company
04.04.2013 | 16 comments | 322 views | Categories: Procedures Registration of Companies
The limited liability company (LLC) is the most common legal-organizational company form. From legal point of view the registration of this type of company is preferred because it is an intermediate form between the personal and the capital companies – using the LLC form avoids the risk and personal liability of the personal companies (such as the General Partnerships), while keeping the personal involvement that is typical of the latter and avoiding the complex procedure of setting up a Joint-Stock Company.
The incorporation of… Read the article
Change of a company’s business name and scope of activity
04.12.2012 | 0 comments | 385 views | Categories: Procedures Filings with the Commercial Register
The business name is the name under which a company carries out its business and signs. Companies may often and due to various reasons undertake changes to their business names – the Commerce Act explicitly entitles companies to request a change to their registered business names.
The scope of activity may also be seen as an identification feature of the company’s legal personality – it reveals the nature of the company’s business and presents the company in the economic life. The scope of activity has largely lost its significance mainly because legal entities have… Read the article
Change of a company’s seat and address of management
02.10.2012 | 2 comments | 180 views | Categories: Procedures Filings with the Commercial Register
The seat of a company is the settlement (city, town, village) where its address of management (registered office) is located; the address of a company is the address of the location of the management of its business (a company may open a branch outside the residential area where its seat is located). Companies very often change their addresses and that entails the necessity of registering such changes in both the Commercial Register and their statutes.
That is due to the fact that the seat and address of management are among the circumstances subject to mandatory entry… Read the article
Changes in the management of a company
31.07.2012 | 18 comments | 1327 views | Categories: Procedures Filings with the Commercial Register
The management of a company is carried out through the actions of its governing bodies. The governing bodies form and express the will of the company as a legal entity and organize its implementation. The management of a company is very often focused on determining the particular person who will be in charge of the management. This matter is, in turn, related to the empowerment of particular individuals – the governing bodies. Changes in such governing bodies will be subject to this article.
The management is usually understood… Read the article
Registration of medical treatment facilities for outpatient care
07.04.2012 | 8 comments | 1856 views | Categories: Procedures Licenses and Registrations
The Medical-Treatment Facilities Act defines the medical treatment facilities as organizationally separate structures on functional principle in which physicians or dentists, individually or with the assistance of other medical and non-medical specialists, carry out diagnostics, treatment and rehabilitation of patients, follow-up care of patients, consultations, prophylactics, etc. A new type of medical treatment facility has been introduced with the latest amendments to the Medical-Treatment Facilities Act1 – an organizationally separate structure in which medical assistants,… Read the article
Acquisition of the enterprise of a Sole Proprietor by its heirs
15.11.2011 | 10 comments | 1190 views | Categories: Procedures Transfer of Companies
This article refers to “acquisition of the enterprise of a Sole Proprietor” in situations where following the latter’s death its heirs are willing to carry on the business activity of the deceased. If there are no successors to the enterprise willing to carry on the business, then the Sole Proprietor’s business name should be deleted from the Commercial Register.
The business activity can be carried on only by the heir who has acquired the enterprise. The latter can be acquired by only one of the heirs and that raises serious… Read the article