The articles of association represent the main statutory documents of a company registered in Russia. The articles of association are established in accordance with the legal entity under which the company is carrying its operations. As a general rule, the statutory documents provide information on the company’s name, its legal entity, its business operations, the company’s registered address, but they also include regulations related to the management of the company and its founders. Businessmen who are interested in opening a company in Russia are invited to contact our company formation representatives for more details on the legal aspects concerning the articles of association.
Businessmen who are interested in company formation in Russia may incorporate a joint stock company, a type of legal entity which requires drafting the articles of association.
The statutory document provides a set of articles, establishing all the relevant information related to the respective company. The first article sets up the main provisions related to the company’s trading name, as well as the main rules of law which are governing the business form.
Further on, the articles of association prescribe, in the case of a joint stock company, the main rule of law, which is the federal law “On joint stock companies”. It states what types of assets the company has or the assets that can be acquired.
At the same time, it prescribes the legal framework available for the shareholders, who are not liable for the company’s liabilities; our team of company formation agents in Russia can offer more details on this matter.
When starting the procedure of company registration in Russia as a limited liability company, the investors will also have to draft the articles of association.
The document should provide similar information related to the above mentioned aspects. However, this legal entity is regulated by different rules of law. The limited liability company is regulated by the Russian Civil Code and the Federal Law “On Limited Liability Companies”.
Businessmen interested in finding out more details on the articles of association of a Russian company are invited to contact our team of company formation consultants in Russia.
