Publication date: 08.05.2024
Lawyer with 15 years of legal experience, specialization: family and civil law, inheritance, contract law, criminal cases, administrative cases, cases involving foreigners, migration law
Registration of a limited liability company (LLC) is a common form of business activity in Ukraine, as it combines the benefits of a legal entity with limited liability of the shareholders. In this article, we will look at the procedure for registering an LLC in Ukraine and the important aspects to consider.
Steps to register an LLC
Choosing a name: The first step in registering an LLC is to choose its name. The name should not repeat the names of other legal entities and must comply with the requirements of the law.
Preparation of the charter: The charter of an LLC is the main document that defines its legal status, organisational and financial structure, management procedure and other important issues. The charter must be drafted in accordance with the requirements of the law.
Collection of documents: After preparing the charter, it is necessary to collect a package of documents for LLC registration, including an application, charter, decision of the founders to establish the LLC, documents confirming the identity of the founders, etc.
Submission of documents to the registration authority: After collecting the documents, they must be submitted to the relevant registration authority together with the payment of the established state fees.
Obtaining a registration certificate: After verification of the documents and payment of the fees, you will be issued a certificate of registration of the LLC, which confirms its status as a legal entity.
Important aspects of LLC registration
Limited liability: One of the main advantages of an LLC is that its members' liability is limited to the amount of their contributions to the charter capital.
Share capital: An LLC must have a charter capital, which is determined by the charter and may be contributed in cash or in kind.
Organisational form: An LLC has its own organisational structure, including a general meeting of shareholders and management (directors, board, etc.).
Financial reporting: An LLC is obliged to keep records and prepare financial statements in accordance with the requirements of the law.
The role of a lawyer in the registration process
The role of an attorney or lawyer in the LLC registration process is extremely important. They have in-depth knowledge of the law and registration procedures, which allows them to provide legal protection and legal certainty during the process. An attorney or lawyer can assist in the preparation of not only the articles of association and other documents, but also in developing the optimal organisational structure and financial terms. They will also be able to resolve any legal issues that may arise during the incorporation process and provide you with protection in the event of any legal disputes. A reliable attorney or lawyer can safeguard your interests, minimise risks and ensure the successful completion of the LLC registration process. The lawyer will also help with the following questions: company registration, business registration, business registration Kyiv, business registration of companies, registration of law firms, opening a company in Ukraine, registration of a company in Ukraine, and other. It is important to have a reliable legal partner at the time of registration to help you avoid potential problems and ensure the successful development of your business.
Registering a limited liability company in Ukraine is an important step for business development. Compliance with all legal requirements and registration procedures is key to the successful establishment of an LLC and its further operation.
