The course of fuse and enrollment of a Joint Stock Company (JSC) is characterized in the Law on Business Organizations.
The money related part of an establishing stake for the foundation of a JSC should be something like €25 thousand. A bank, stock trade, the organization for the executives of the venture reserves and the organization accountable for directing the protection exercises are enrolled as Joint Stock Company. An underlying capital for the laying out of a bank adds up to at minimum EUR 5 million, basically EUR 100 thousand for a stock trade, for the organization overseeing speculation store essentially EUR 175 thousand and the organization to direct protection action essentially EUR 2 or 3 million, contingent upon the sort of protection for which the organization is enlisted.
Before record is submitted to the Central Registry of Business Entities (CRBE) for enrollment, the accompanying reports and confirmations should be made:
1. Duplicates of the character card of organizers (in the event that originators are residents of Montenegro), or an ensured duplicate of the visa assuming authors are outsiders.
2. Articles on Association, in 2 duplicates, ensured by a public legal official.
3. Articles on Incorporation for a multi-part organization (assuming the organization is laid out by a few originators), or Decision on Incorporation for a solitary part organization (on the off chance that the organization is laid out by one organizer). Whatever is the situation, archive should be conveyed in 2 duplicates, ensured by a public legal official. The joining arrangement expresses the establishing stake (which might be in real money, products and privileges), as well as the rate proportion of the originators in the administration and dispersion of benefits.
4. Choice of the Central Depository Agency, on giving of offer capital from the Central Depository Agency.
5. Choices on the arrangement of the Board of Directors, evaluators, secretary and chief.
6. Proof that a managerial expense has been paid to the record of the Tax Administration, with motivation behind enlistment of the organization.
7. Proof that an authoritative charge has been paid to the record of the Official Gazette of Montenegro, with reason for enrollment of the organization.
8. Enrollment type of CRBE.
9. Enlistment type of the Tax Administration (with reason for VAT payer and extract obligation payer enrollment).
In the wake of acquiring the CRBE's organization enlistment declaration, organization should do the accompanying:
to make a seal;
to open a financial balance;
to enroll labor force at the Tax Administration.
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