Incorporation

Articles Of Association

LLC Articles

The Articles of Association of a limited liability company shall include, for example, the following information:

* The name of the legal entity, * Its domicile, * The way in which the legal entity's activities are carried out, * The amount of the authorized capital, * The share of each partner * The members and the scope of authority of the company's management bodies, * The order of decision making by the management bodies and the matters in which an unanimous decision or a qualified majority is required. * Exit by a partner from the company * Transfer of assets of the company

Registration The company is considered established as of its state registration. For registration of the company an application accompanied with the founding agreement (if more than one founder), the articles of association, confirmation of the necessary payments and documents on the founders (trade register extract, articles of association and a letter of reference from their bank) shall be submitted to the registration authority.

The registration authority shall examine the founding documents within 21 days of their submission and register the company within that time if all the documents are in order. The state registration of companies in Russia is carried out by the State Registration Chambers. The relevant State Registration Chamber is that of the company's domicile, but a company with foreign investment exceeding 100.000 roubles shall be registered at the State Registration Chamber of the Ministry of Economy of Russia in Moscow.

Having registered the company with the State Registration Chamber, it should additionally be registered with a number of local authorities.