Statutory fund in Belarus: size, formation rules, decrease and increase The authorized capital of a legal entity determines the minimum size of its property, guaranteeing the interests of its creditors, and is formed when a legal entity is created. A commercial organization independently determines the size of the authorized capital, with the exception of joint-stock […]
Executive body of a legal entity: individual entrepreneur, director or management company The supreme governing body of a commercial organization is the general meeting of participants; if there is only one participant, then it exercises control. Other management bodies include: the board of directors (aka supervisory board) and the executive body. It is the executive […]
Registration of a representative office of a foreign company: step-by-step instruction The representative office of a foreign organization is a separate division of a foreign organization located in the Republic of Belarus. Representation of a foreign organization is not a legal entity, but only protects and represents the interests of a foreign organization and other […]
