A limited liability company belongs to the commercial companies defined in Section 56 of the Commercial Code. Its basic feature is its separate legal personality in the form of a legal person. The company is responsible for the liabilities with all its assets, with the partners guaranteeing the company's liabilities only up to the amount of outstanding deposits. A legal entity as a separate legal entity has its business name - name, registered office and statutory body acting on its behalf. The establishment of a legal person requires a written agreement or a founding charter, which must also define the very purpose of establishing that legal person.
Having a business, whether self-employed or owning a company, is the ambition and challenge of many. Not all of us will find the courage to start a business. Lack of courage or lack of money may not be the main obstacle. It does not, however, decide the issue of resources, but the will to begin and the ability not only to see the goal but also to achieve it.
In connection with the establishment of a limited liability company, the founder incurs financial expenses, which are expenses of the company in the first year of management. The total cost of setting up a company depends on the conditions and specifications under which the company is founded. The amount of this expenditure is determined by regulation, but there is still scope for reducing it.
A limited liability company is an artificial legal entity. The very existence of the company is preceded by two phases, the phase of the formation of the company and the formation of the company. In order for a company to become a subject of law and thus acquire rights and obligations, the law lays down minimum requirements that every newly incorporated limited liability company must meet.
With us, the process of setting up a limited liability company is very simple. We will provide you with all necessary documents for the establishment of the company, we will guide you through the whole procedure and we will represent you before the competent district authority and district court. So your only task is to choose the right name for your new company and the right solution we offer.
When establishing a limited liability company, it is necessary to comply with the legal conditions and to submit the required documents for the registration of the company in the relevant business register, from trade certificates to the applicant's declaration of honor, if it is proposed to write another information that does not follow from any annexes. After the last legislative changes is to establish LLC only persons who do not have tax arrears, which is reflected in the obligations of the founders LLC before the establishment of LLC.
A limited liability company as a juridical person cannot demonstrate professional competence to operate tied trades directly, but must appoint a responsible representative. Responsible representative is a natural person appointed by the entrepreneur through which he ensures professional performance of the activity during the trade.