1. Is the owner of a single-member limited liability company legally entitled to transfer all or part of its charter capital to another limited liability company? Pursuant to Articles 76 and 77 of the Law on Enterprises 2020 regarding the transfer of charter capital of a single-member limited liability company: Article 76. Rights of the […]
The charter capital of a single-member limited liability company (LLC) plays a crucial role in establishing the financial foundation and credibility of the business. It reflects the owner’s commitment and serves as a financial buffer against liabilities, influencing the company’s ability to secure funding and engage in contractual agreements. However, various factors may necessitate a […]
A Limited Liability Company (LLC) is a business structure that provides its owners with limited liability protection while offering flexibility in management and operations. It is a popular choice for entrepreneurs due to its balance of legal protection and organizational freedom. What is a limited liability company? Limited liability company (LLC) is not specifically defined […]