Joint Stock Company

Joint stock company - Limited Liability Company. According to its obligations it is responsible only for its assets. The company's goal - profit.

The company's founders may be natural and legal persons. Shareholders can not be greater than 250 persons. The share capital must be at least 10 000. Share capital is equal to the total subscription of shares of par value of the amount. Campaign - the securities, supporting their owner (shareholder) the right to participate in the management of the company, if the law does not stipulate otherwise, the right to receive the dividend, the right to a share of the assets remaining after the liquidation, and other legal rights.

Private company shares can not be distributed, and they are publicly traded, if the law does not stipulate otherwise. Payment of shares is their issue price payment. Shares may be paid in cash and (or) shares apmokančiam person ownership Contributions in kind.

Shareholders have no other property the company, except in accordance with the obligation to pay all signed the shares issue price.

The company must have the bodies: the general meeting and vienasmenį governing body - the company's leadership. The company may be formed a collegial body - the supervisory board and the collegiate governing body - the Governing Board.

The company may establish branches and representative offices in Lithuania and foreign countries. Branches and representative offices are not restricted.

Our founding documents of the proposed SIA packages:

I package. It consists of:

1. the Act (the JSC is establishing one person);
2. founder's decision (when the SIA set up by one person);
3. Statutes (several versions).

II package. It consists of:

1. the act (a founding act on behalf of Representative, representing him by proxy, the SIA set up by one person);
2. founder of (a founding act on behalf of Representative, representing him by proxy, the SIA set up by one person);
3. Statutes (several versions).

III package. It consists of:

1. treaty (when the SIA set up two and / or more persons);
2. inaugural meeting of the protocol (when the SIA set up two and / or more persons);
3. Statutes (several versions).