Public Joint Stock Company in Russia
According to Russian legislation, a joint-stock corporation (JSC) is a firm whose authorized assets are split into shares. The stockholders of the firm own these assets. The firm’s stockholders are disclosed monthly by the managing partner through a disclosure portal. On your behalf, the management files the joint-stock corporation with the Trade Registry and the Central Bank so that the firm can distribute tradeable stocks.
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Our attorneys have the administrative and legislative expertise needed to register the Russian company. We offer effective filing solutions to help your business get up and running quickly and efficiently:
- Naming services - Choose the most suitable and unique name for your JSC.
- Legal address - Get a registered legal address to conduct trade and hold business meetings.
- Registration - Enlist the syndicate with the trade registrar and Central bank in Russia through the experts.
- Consultation - Get expert guidance on establishing internal policies and procedures.
- Banking - The experts represent you at local bank meetings and obtain a corporate bank account for your JSC.
Public Joint Stock Company registration conditions
The company must hold a corporate bank account to submit the required capital and fees for filing. A PJSC’s shareholders must raise 50% of the investment during the first three months of company registration, and the other 50% must be placed before the conclusion of the first year of operation. The PJSC must submit the required documents such as the company’s shareholder details, the registry fee invoice, and the article of association for authorization.
Timeline
JSC registration and other necessary procedures can take up to ten days.
Fees
JSC has a registration charge of 15000-50000 Russian Ruble.
Compulsory regulation
An executive committee of at minimum five individuals and an accountant is required for a public JSC. A minimum of 100,000 rubles in share capital is needed for a public joint-stock company.
Documents
Following are the documents required for PJSC registration:
- A request form for company incorporation,
- The draft constitution of the corporation,
- Founders’ stockholders’ list,
- Credential of the foundational stockholders and statutory advisors,
- Proof of identity of legal advisors,
- An approved copy of the working license,
- The document stating the purpose of trading,
- Statement of tax file details.
The experts at russia-company.com prepare and submit all documents as mentioned earlier to the state registry on your behalf.
Consultation about Public joint-stock company registration
Our consultation services for registering a Public joint-stock company in Russia are tailored to assist you in setting up your business. Our expert advisors will support you in every stage of the process, including preparing initial paperwork and obtaining required permits and registrations. We offer personalized advice on legal obligations, share capital, and corporate structure to help you make well-informed decisions that are in line with your business objectives.
Ownership management
Taking care of the ownership of a Public joint-stock company can be difficult yet important. Our services involve dealing with ownership adjustments, overseeing beneficial owners, and supervising ownership transfers. We guarantee that all ownership modifications are accurately recorded and adhere to the most current regulations.
Corporate structure changes
As your company grows, your organizational chart may need to evolve. If you require alterations such as updating directorships, revising nominee details, or implementing other structural changes, we offer thorough support to ensure a seamless and effective transition.
Share capital management
Managing the share capital is crucial for the financial well-being of your company. Our services aim to assist you in growing, decreasing, selling, and transferring share capital, guaranteeing that all activities are conducted correctly and in compliance with the law.
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