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  • Founding of the company and its establishment

Founding of the company and its establishment

The legal act underlying founding of the company is

  • Social contract
  • Founding agreement and the statutes (JSC)
  • Founding charter (Ltd, JSC, if there is 1 founder, the form is notarial deed)

The essential elements of all these documents must be identical, the authenticity of the signatures of the persons who have founded the company must be authenticated (legalization, social contract of the Ltd. and founding agreement of the JSC must take the form of a notarial deed. Notarial Order introduces as a new type of notarial deed the report on decision of the statutory body of the legal person - the notary is newly responsible for the compliance of the recorded facts with legislation). The social contract can be signed by the founder's agent if it is equipped with a written power of attorney with an officially signed signature of the principal.