Download Corporate Business Forms in Europe: A Compendium of Public by Frank Dornseifer PDF

By Frank Dornseifer

Marketers and traders in the ecu Union can now choose from a number of the company felony types of a number of member states whilst finding out the place and the way to hold out their enterprise. company company types in Europe is the 1st compendium together with a assessment and outline of crucial kinds of company enterprise kinds within the newly enlarged Europe (i.e. public/private restricted legal responsibility businesses and adaptations thereof). particularly with admire to the proposed directive in regards to the move of the registered workplace of an organization from one member country to a different less than perpetuation of its felony ability, this compendium turns into an quintessential reference e-book for investors/businessmen, legal professionals, and scholars.

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The course of the general meeting is recorded in the minutes of the general meeting. These minutes must necessarily include the business name and seat of the company, place and time of the general meeting, the names of the chairman, the recording clerk, the verifiers of the minutes and the person responsible for counting the votes. They describe the proceedings of the respective items of the agenda, the decisions and any results of the voting. 24 Martin Holler 3. Shareholders Czech Republic 59 Any objections to the minutes of the meeting have to be made within 30 days after the general meeting took place.

Such contributions may either be monetary or in kind. Technically this means that the shareholders subscribe the shares. The next necessary step in the establishment process is the foundation meeting. This 18 meeting, to which all future shareholders who have duly made their respective contribution to the registered capital are to be invited, formally decides on the establishment of the company. The foundation meeting further approves the articles of association16 of the future company. One of the most important tasks of the founders participating in the foundation meeting is to elect the necessary bodies of the company, namely the board of directors and the supervisory board.

91 Each shareholder of a joint stock company has a special priority right to subscribe the new shares. Such right corresponds to his portion on the registered capital of the company. This right cannot be validly restricted or excluded by the articles of association. However, the decision of the general meeting on the increase of the registered capital may restrict or exclude this right if it is in the interest of the company. The restriction or exclusion must apply to all shareholders to the same extent.

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