Ukrainian Limited Liability Company

Практичні заняття

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Змістовий Модуль 9: Компанія. Інформація про галузевий підрозділ

Практичне заняття №1

Тема заняття: Типи компаній

Хід заняття

Company Types in Ukraine

Ukrainian legislation encourages foreign investment offering great incentives, despite a rather unstable economy, due to the economic situation throughout the world. There are many reasons for thinking about the possibility of setting up a Ukrainian company, beginning with a favorable environment and low taxes. Usually entrepreneurs establish Ukrainian limited liability companies and joint stock companies, as they are easy to form.

Ukrainian Limited Liability Company

The Ukrainian limited liability company is the most common form of business organization established by entrepreneurs. It can be established by at least one person. The partners of such a company do not own shares, unlike the traditional limited liability company, but have a percentage of the company's capital that is specified in the charter of the firm. The members are able to transfer their participation to third parties, only with full consent of other members. If the company doesn't have a single shareholder, board and shareholder meetings are required. The members of a Ukrainian limited liability companies are liable to the company's name and obligations only to the extent of their contributions, as the entity's name suggests.
Ukrainian Open Joint Stock Company

An open joint stock company may be established by two or more natural persons or legal entities becoming partners that can be residents or not. The share capital of a Ukrainian joint stock company is divided into shares of equal nominal value, and the liability of the members is limited to each one's investment. The shares of an open joint stock company may be offered to the public, can be transferred freely and can ultimately be traded on a stock exchange.
Ukrainian Closed Joint Stock Company

The closed joint stock company can also be established by two or more natural persons or legal entities that can be residents or foreign and has a share capital divided into shares of equal nominal value. Another resemblance with the open joint stock company resides in the liability of the members which is also limited to the amount invested by each in the company's capital. Unlike the open one the closed joint stock company cannot be publicly offered and the shareholders have pre-emptive purchase rights for shares offered for sale by other shareholders.
Ukrainian General Partnership