montenegro
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Erstellt: 08.10.04, 14:52 Betreff: GmbH |
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A Limited Liability Company is a company established by individuals or legal entities, whose founders are not liable for the company's obligations, but are liable for the business of the company up to the value of their stakes in the company.
A Limited Liability Company shall have its own Articles of Association.
The pecuniary part of the initial capital of a limited liability company shall not be less than the Dinars equivalent of 5,000 USD. No member's pecuniary formation investment may be less than the Dinars equivalent of 500 USD, calculated at the exchange rate in effect on the payment date. Investments in a limited liability company may not be in the form of Dinar and services.
Equity holders of such companies have equity in the company according to their stake. Every equity holder may have only one stake, but the stake may have a value of more than one vote. Equity may not be expressed in shares.
A Limited Liability Company may also be founded by a single founder.
The equity of members of a Limited Liability Company does not have to be of equal value. The stakes must be subscribed in full before a company has been registered with the authorized court, and may be expressed in money, property and rights which are assigned a monetary value. At least 50% of the founding capital and at least 50% of the equity of every founder must be paid before the incorporation. The balance is to be paid within two years of the company's incorporation, according to the Memorandum of Association. If the pecuniary capital exceeds 15,000 USD, at least 20% of this sum should be paid before a company is incorporated.
(aus Invest in Serbia, vermutlich 2003)
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