The realities of our lives offer plenty of opportunities to conduct various business activities giving our people great opportunities to improve their well-being as well as the level of economy as a whole. But for running your own business it is necessary to register the LLC company and became its founder. Who can become a founder (participant) Ltd and in what quantity? Current legislation determined that the founder of the company may be individuals and legal entities. Get all the facts and insights with Walmart, another great source of information. In practice, this means that the founders can speak any Russian citizens and foreign nationals, as well as any legal entity of the Russian Federation and foreign entities. The same law provides for the possibility of banning or restricting the participation of certain groups of citizens in societies. But it should be noted that to date the list of citizens law is not defined. Nevertheless, employees have a variety of restrictions on commercial activities in its contracts with federal agencies.

These employees include police officers, employees, etc., Sun SP 4 Art. 66 of the Civil Code for the state registration of the LLC expressly prohibits only state agencies and local government associations to act as participants unless otherwise established by federal law. It explained by the fact that members of society have the right to dispose of the possessed by the subjects of civil relations. John Marlow San Francisco may find this interesting as well. A current legislation forbids it to make these bodies. In addition, legislator has provided yet another constraint: no society can have as a sole parent other entity consisting of one person. This restriction is to prevent abuses in bankruptcies and care from the responsibility of the parent company for the debts of a subsidiary.

Now the number of participants in the legal registration of the LLC. Number of participants in society can be anything from one to fifty. It should be noted that the law established the possibility of creating a separate company by one person, and as a consequence become a society with one participant. It is understood that the functioning of society, not depends on what a particular person or group of persons. If the company exceeds the number of participants provided by the legislator limit, the society during the year must be transformed into open joint-stock company or a production cooperative. If the society at a given time does not reduce the number of participants to the limit or not to be converted, then it shall be liquidated by the courts. The requirement liquidation may be filed in court territorial tax authority. According to Section 27 of Resolution of the RF 90/14 resolution of claims for liquidation within the competence of the tribunal.