This article is for general information only. Before starting an actual formation process, it is advisable to obtain legal advice within the framework of current legislation and the practices of the competent authorities.
General Framework
Investors typically need to make decisions under three main headings: choice of company type, ownership structure and operating permits. Each heading can give rise to different requirements depending on the size of the investment and the sector.
Commonly Encountered Steps
- Availability check and reservation of the company name
- Drafting and signing the articles of association
- Documenting the capital and ownership structure
- Opening the relevant registry and tax records
- Obtaining sector-specific operating permits
The most frequent delays throughout the process stem from missing documents and uncertainty regarding the ownership structure. It is therefore important to allow sufficient time for the preparatory stage.
This content is for general information only and does not constitute legal advice. Please contact us regarding your specific situation.
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