The simply private company with limited liability
Simple Private Limited Liability Company is already more than a year a part of Croatian legal system. Statistical data show that this company enjoys relatively high popularity and it can be concluded that it meets the practical needs of its founders. However, numerous legal issues arising in connect...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Pravni fakultet Sveučilišta u Splitu
2014-01-01
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| Series: | Zbornik Radova Pravnog Fakulteta u Splitu |
| Subjects: | |
| Online Access: | http://hrcak.srce.hr/file/177452 |
| _version_ | 1797426023941275648 |
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| author | Mario Ivančev Ratko Brnabić |
| author_facet | Mario Ivančev Ratko Brnabić |
| author_sort | Mario Ivančev |
| collection | DOAJ |
| description | Simple Private Limited Liability Company is already more than a year a part of Croatian legal system. Statistical data show that this company enjoys relatively high popularity and it can be concluded that it meets the practical needs of its founders. However, numerous legal issues arising in connection with this type of limited company are not fully clarified. This legal form is a reasonable choice for founders who do not have the necessary capital and who does not want to give up the privilege of irresponsibility for liabilities of the company. Given the fact that this is actually a transitional form that precedes the classic form of limited liability company, it only strengthens position of the latter. The main feature of this company is that it can be established with a ground capital of just 10 Kuna and solely monetary inserts are allowed. On the other hand, it must form the legal capital reserves that can later be transformed into the ground capital of the company. |
| first_indexed | 2024-03-09T08:24:23Z |
| format | Article |
| id | doaj.art-30d139f9a18d4f639025c8dc62304bca |
| institution | Directory Open Access Journal |
| issn | 0584-9063 1847-0459 |
| language | English |
| last_indexed | 2024-03-09T08:24:23Z |
| publishDate | 2014-01-01 |
| publisher | Pravni fakultet Sveučilišta u Splitu |
| record_format | Article |
| series | Zbornik Radova Pravnog Fakulteta u Splitu |
| spelling | doaj.art-30d139f9a18d4f639025c8dc62304bca2023-12-02T21:23:14ZengPravni fakultet Sveučilišta u SplituZbornik Radova Pravnog Fakulteta u Splitu0584-90631847-04592014-01-01512449469The simply private company with limited liabilityMario IvančevRatko BrnabićSimple Private Limited Liability Company is already more than a year a part of Croatian legal system. Statistical data show that this company enjoys relatively high popularity and it can be concluded that it meets the practical needs of its founders. However, numerous legal issues arising in connection with this type of limited company are not fully clarified. This legal form is a reasonable choice for founders who do not have the necessary capital and who does not want to give up the privilege of irresponsibility for liabilities of the company. Given the fact that this is actually a transitional form that precedes the classic form of limited liability company, it only strengthens position of the latter. The main feature of this company is that it can be established with a ground capital of just 10 Kuna and solely monetary inserts are allowed. On the other hand, it must form the legal capital reserves that can later be transformed into the ground capital of the company.http://hrcak.srce.hr/file/177452Simple limited liability companyCompany nameMinimum ground capitalLegal reserves of the capitalThe minutes on establishing a simple limited liability company |
| spellingShingle | Mario Ivančev Ratko Brnabić The simply private company with limited liability Zbornik Radova Pravnog Fakulteta u Splitu Simple limited liability company Company name Minimum ground capital Legal reserves of the capital The minutes on establishing a simple limited liability company |
| title | The simply private company with limited liability |
| title_full | The simply private company with limited liability |
| title_fullStr | The simply private company with limited liability |
| title_full_unstemmed | The simply private company with limited liability |
| title_short | The simply private company with limited liability |
| title_sort | simply private company with limited liability |
| topic | Simple limited liability company Company name Minimum ground capital Legal reserves of the capital The minutes on establishing a simple limited liability company |
| url | http://hrcak.srce.hr/file/177452 |
| work_keys_str_mv | AT marioivancev thesimplyprivatecompanywithlimitedliability AT ratkobrnabic thesimplyprivatecompanywithlimitedliability AT marioivancev simplyprivatecompanywithlimitedliability AT ratkobrnabic simplyprivatecompanywithlimitedliability |