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A company with additional liability is rare, so you need to approach all matters of its formation very carefully. An ODO may be founded by one or several persons. A distinctive feature of an ODO is the liability of participants in accordance with their contributions. However, if this is not sufficient, participants additionally (subsidiarily) are liable with their property in an amount that is the same multiple for all contributors. The amount of additional liability is specified in the charter.
Consultation
| Service | Price |
| Registration (standard) | from 100 USD |
| Registration (public and non-profit) | from 150 USD |
The registration of an ODO must be carried out in accordance with all legal provisions applicable to business companies.
Who can create an ODO?
Founders of an ODO may be individuals, enterprises, institutions, and organizations.
How to create an ODO?
To create an ODO the founders must:
- Hold a general meeting of the founders (participants), where important issues are considered: determining types of activities, agreeing on the name, approving the charter, defining the scope of powers, the amount of liability, and similar matters. The meeting is considered duly held if the necessary number of participants voted for the respective issues. The meeting is documented by Minutes.
- Carry out state registration of the ODO. For this, a package of documents is submitted to the authorized body at the location (legal address) of the company. All documents are carefully reviewed by the registrar, who makes a subsequent decision to register the ODO or to refuse.
Documents that must be submitted to the state registrar:
- completed registration card of form №1;
- 2 copies of the charter – the registrar takes one (into the registration file), stamps and returns the other to you (it is preferable that the charters be notarized);
- Minutes of the general meeting.
When submitting documents, you must have your passport with you, and if a representative of the company submits the documents – a power of attorney as well.
It is worth noting that documents can be submitted to the state registrar in three ways:
- in person;
- by mail;
- as an electronic document.
In each case the document preparation has its own specifics. For example, if they are sent by mail, the law requires that each sheet of the registration card be notarized.
No administrative fee is charged for conducting the state registration.
Our specialists carry out ODO registration with high quality. The entire procedure will take minimal time, and you will receive the quickest possible result.
Our ODO registration services include:
- preparation of the charter and the Minutes of the general (founding) meeting on the creation of the ODO;
- assistance in opening a bank account (special) – for forming the authorized capital;
- assistance with choosing KVED for the company;
- preparation of the package of documents for the state registrar;
- registration of the company with the fiscal authorities, the pension fund and the social insurance fund;
- obtaining information from the Unified State Register of Enterprises and Organizations of Ukraine (EGRPOU) – not mandatory;
- manufacturing a company seal;
- assistance with opening a bank account.
What we need from you to create an ODO:
- send us by email information about creating the ODO (who will be the founder, shares in the authorized capital, location, areas of activity of the company, passport details of the founders);
- personal presence of the founders at the notary to sign the charter and the power of attorney;
- personal presence of the manager to complete (sign) the bank forms and when opening an account at the bank.
Legislation:
Law of Ukraine “On Business Companies” of 19.09.1991 №1576-XII;
Law of Ukraine “On State Registration of Legal Entities and Individual Entrepreneurs” of 15.05.2003 № 755-IV.