275

PUBLIC ENTERPRISE
7 business days

ADVANTAGES

  • The public enterprise may receive funding;
  • The public enterprise may be restructured into the charity and support fund;
  • The number of the founders is unlimited.

A public enterprise is a public legal entity, which does not aim at receiving profit and has the goal to carry out educational, training, scientific, cultural, health care, environmental protection, and other public activities that are meeting public interest. The profit of the public enterprise can only be used in order to meet public interests.

Price for electronic incorporation – € 199

Price for incorporation at the notary – € 249.

When establishing the public enterprise with the English name € +150.

We will establish the public enterprise within 6-7 business days.

The public enterprise is a non-profit-making public legal entity of the limited civil liability which has the goal to satisfy the public interest. The profit of the public enterprise can only be used in order to meet public interests.
The public enterprise may be founded by the state, municipalities, and other persons who do not aim at achieving benefit from the activities of the institution. The number of founders is not limited. Legal or natural persons who transfer a certain contribution to the public enterprise become its stakeholders. Stakeholders cannot recover their contributions when withdrawing. Such a possibility only exists when the public enterprise is being liquidated.
The public enterprise acquires civil rights, assumes civil duties, and implements them through its governing bodies. The mandatory governing bodies are the general meeting of the stakeholders and the head of the public enterprise. An employment contract is concluded with the head of the public enterprise. Each stakeholder has one vote at the meeting of the stakeholders, irrespective of the size of his contributions.
The public enterprise may receive funding which is to be used only for the purpose specified by the support giver (if such an objective is indicated).
The public enterprise may be restructured into the charity and support fund (when the state or municipalities are not its stakeholders or owners) or into the budgetary institution (when the state or municipalities are the owners of the public enterprise). The reports of the public enterprise are a public document accessible to all persons, regardless of whether or not they are the stakeholders of the enterprise.

ESTABLISH YOUR COMPANY WITHIN TWO HOURS

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