The Limited Liability Company as a Universal Legal Form of Business

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14220%2F14%3A00078827" target="_blank" >RIV/00216224:14220/14:00078827 - isvavai.cz</a>
Result on the web
<a href="http://www.sciencedirect.com/science/article/pii/S2212567114003761" target="_blank" >http://www.sciencedirect.com/science/article/pii/S2212567114003761</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/S2212-5671(14)00376-1" target="_blank" >10.1016/S2212-5671(14)00376-1</a>

Result language
angličtina
Original language name
The Limited Liability Company as a Universal Legal Form of Business
Original language description
The new legislation increased flexibility of the Limited Liability Company and removed limitations that presented a barrier to establishing a company and its activities. The most important changes include waiving the statutory limit of registered capitaland decreasing the minimum amount of the deposit, the option of creating various types of shares and the option of expressing the share by a security. It thus expands the practical use of this form of company, which can approach a Public Business Company and even a Joint-stock Company, but retains limited liability of partners towards company obligations and a simple internal structure.
Czech name
—
Czech description
—

Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50501 - Law

Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Similar results(10)