To create a legal entity, the following shall be made in the first instance:
Non-state legal entities are entitled to engage in business activities through the creation of commercial legal entities pursuing deriving revenues as the main purpose of their activities.
Types and forms of legal entities
Usually, commercial legal entities are established in the form of business partnerships, joint stock companies. Forms of incorporation of non-state commercial legal entities are only be a business partnership and a joint-stock company.
Categories of Business Entities
When creating a company, it shall be necessary to provide for an approximate average annual income and headcount, including headcount of representative offices and branches as it is needed for the purposes of statistics and to obtain government support measures.
Depending on the average annual headcount and average annual income, there are: