Limited Liability Company

Limited or additional liability established by two or more persons, its authorized capital divided into shares in the amount established by the founding documents. The participants of society Limited Liability Company is not liable for its obligations and bear the risk of loss in the extent of the value of their contributions. Participants of the additional liability jointly and severally bear subsidiary liability for its obligations with their property within the limits defined by the constituent documents of the company. Production cooperative – a commercial organization whose members take personal labor participation in its activities, making property payments and bear subsidiary liability for the obligations of producers' cooperative in equal proportions within the limits prescribed by the charter, but not less than the resulting in it's annual income. Unitary enterprise (private or public) – a commercial organization, not endowed with ownership assigned to the owner of her property.

Participation foreign capital distinguish a joint venture, foreign and foreign. In the joint venture is the proportion of fixed assets owned by foreign investors. It is situated in its territory. Foreign enterprise registered in another country and represented the national capital taken out of the state as a contribution to its capital base. The authorized capital of a foreign company owned by corporations or individuals of other states.


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