Establishment of a Public Joint Stock Company
Establishment of a pubic joint stock company is a way to utilize
resources from the general public and formation of capital for implementation
of a certain activity or plan. The aim of establishment of company of public
joint stock type is to provide for application of the general public and
subscription of the company’s shares in the capital market, which naturally
will be followed by inflow of cash fund from the financial market into the
company. According to the securities market Act, approved in December 2005,
establishment of public joint stock companies and general subscription is
subject to registration at the Securities and Exchange Org. and receiving
subscription authorization from this legal institution, as well as enjoyment of
services of advisor for going through this process.
Features:
1) Public participation in supplying the company’s
capital
2) Ease of long-term financing
3) Issuance of debt securities
4) Capability of admission to the capital market
5) Attraction of capital through issuing new share
certificates
6)
Limited liability of shareholders
7) Transparency and ease of transference of shares
(transfer of shares in public joint stock companies is not subject to agreement
of other shareholders)
8) Continuation of company’s activities and
existence
Services
Relying on scientific and operational capabilities of our
experienced specialists and in consideration of all aspects, we provide an
aggregate of services in respect of establishment of public joint stock
companies.