Monday, August 1, 2011

Entrepreneurs save on "JSC»

"Open Joint Stock Company can not rename a" Public Limited Company, which will allow entrepreneurs to save time and money. About this exclusively for UBR.UA the director of analytical department of the investment company Dragon Capital Andrew Bespyatov. "Permission to leave the title of existing words" Open Joint Stock Company "positive for all domestic companies, whose activities are governed by the law as well as changing the word" open "to" public "would entail the need for renewal of the licenses, patents and other documents that itself is costly and requires time-consuming procedure and, in particular, would reverberate in the export operations ", - he said. According Bespyatova, among the companies whose shares are publicly traded, changes were made to the company "Motor Sich", the majority shareholder who initiated the adoption of the above amendments, as well as pharmaceutical companies. "In connection with the adoption of amendments to the law, we expect that soon the company will hold an extraordinary shareholders' meeting to finalize the appropriate changes in the constituent documents", - predicts Bespyatov. Recall, the Verkhovna Rada adopted the Law "On Amending the Law on Joint Stock Companies", under which all public companies should be reorganized or in public or in private joint stock companies until April 29. Although the deadline for making appropriate changes in the company charter did not change, companies were allowed to leave the title of existing words "Open Joint Stock Company, without changing it on the phrase" Public Joint Stock Company ".

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