OOO, Russian: Общество с ограниченной ответственностью
LLC is set up by one or several persons (legal entities and/or individuals), its charter capital is divided into participatory shares, and LLC participants are not liable for company's obligations and bear the risk of losses to the extent of the contributions made by them. The number of shareholders may not exceed 50.[1]
LLC is the most popular legal entity because of simple registration and simplified taxation. LLC can be registered within 3 business days after submitting the documents. In most cases LLCs are eligible for simplified taxation: 15 per cent profits tax or 6 per cent income tax.[2]
In a PrivJSC shares are distributed only among its founders or another predetermined group of persons. A closed company has the right to conduct a closed subscription to its shares, while the shareholders of a closed company have a pre-emptive right to purchase shares sold by other company shareholders. The number of company's shareholders should not exceed 50.[3]
An open company has the right to conduct open subscription to its shares – among an unlimited group of persons and closed subscription (a limited predetermined group of persons), if the opportunity to conduct a closed subscription is not limited by company's charter or legal acts. Shareholders do not have a pre-emptive right to purchase shares sold by other shareholders of the company. The number of shareholders is unlimited.[3]
^"Legal regulation of foreign investments", Grant Thornton // Doing Business in Russia, p.11, 04.2012
^Business in Russia / SDV Consulting. Retrieved on 11 May 2023
^ ab"Legal regulation of foreign investments", Grant Thornton // Doing Business in Russia, p.13, 04.2012
May 16, 2023
types, legal, entities, russia, russian, businesses, have, several, types, legal, status, business, operate, limited, liability, company, public, private, joint, stock, company, sole, proprietor, other, types, commercial, commercial, organizations, also, recog. Russian businesses may have one of several types of legal status A business may operate as a limited liability company or as a public or private joint stock company or may be run by a sole proprietor Other types of commercial and non commercial organizations are also recognized Contents 1 Limited liability company LLC 2 Private joint stock company 3 Public joint stock company 4 Other status 5 ReferencesLimited liability company LLC EditOOO Russian Obshestvo s ogranichennoj otvetstvennostyuLLC is set up by one or several persons legal entities and or individuals its charter capital is divided into participatory shares and LLC participants are not liable for company s obligations and bear the risk of losses to the extent of the contributions made by them The number of shareholders may not exceed 50 1 LLC is the most popular legal entity because of simple registration and simplified taxation LLC can be registered within 3 business days after submitting the documents In most cases LLCs are eligible for simplified taxation 15 per cent profits tax or 6 per cent income tax 2 Private joint stock company EditZAO Russian Zakrytoe akcionernoe obshestvo ZAOIn a PrivJSC shares are distributed only among its founders or another predetermined group of persons A closed company has the right to conduct a closed subscription to its shares while the shareholders of a closed company have a pre emptive right to purchase shares sold by other company shareholders The number of company s shareholders should not exceed 50 3 Public joint stock company EditOAO Russian Otkrytoe akcionernoe obshestvo OAOAn open company has the right to conduct open subscription to its shares among an unlimited group of persons and closed subscription a limited predetermined group of persons if the opportunity to conduct a closed subscription is not limited by company s charter or legal acts Shareholders do not have a pre emptive right to purchase shares sold by other shareholders of the company The number of shareholders is unlimited 3 Other status EditIndividual entrepreneur IP Russian Individualnyj predprinimatel Autonomous nonprofit organization ANO Russian Avtonomnaya nekommercheskaya organizaciya ANO Unitary state enterprise GP or GUP Russian Gosudarstvennoe unitarnoe predpriyatie GP or GUP Investment fund Russian Fond fund Production Cooperative PK Russian Proizvodstvennyj kooperativ PK Political party PP Russian Politicheskaya partiya PP References Edit Legal regulation of foreign investments Grant Thornton Doing Business in Russia p 11 04 2012 Business in Russia SDV Consulting Retrieved on 11 May 2023 a b Legal regulation of foreign investments Grant Thornton Doing Business in Russia p 13 04 2012 Retrieved from https en wikipedia org w index php title Types of legal entities in Russia amp oldid 1154276347, wikipedia, wiki, book, books, library,
