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All new businesses should be registered with the
Commercial Register, which is kept at the office of the local or
regional Chamber of Commerce. This registration, which will be open
to public inspection, will have to be accompanied by specific information,
the nature of which depends on the type of the selected business
entity. Often this information includes:
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A copy of the articles of association, showing the entity's
name, its business objectives and address. |
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Statement of issued and paid-in share capital in the case
of BV's and NV's. Annually, all changes in issued and paid-in
capital will be filed. In case issued shares are not fully paid
in, annually a list will be filed, containing names and addresses
of shareholders, number of shares and the amount already paid
in. |
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An overview of names, addresses, nationalities and other details
of all supervisory and managing directors. A company held by
a single shareholder, be it an individual or a legal entity,
must disclose name and address/office registration. |
In case of a general partnership similar information
must be filed. The same applies in case of general partners in a
limited partnership, while with regard to limited partners their
number, nationality, country of residence and their capital contributions
(not their names) have to be filed. A description of each managing
director's authority to represent and bind the company should also
be submitted. For example, in case there are two or more of such
directors, whether one may act alone or only in combination with
the other.
All subsequent changes in the company must be
filed with the Commercial Register. Fees are charged to cover registration
costs. Other important formalities may include the application for
licenses, such as an environmental permit or a building permit,
both issued by local government.
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