Regardless of the type of company, all share capital contributions can be paid in cash or kind and the shares may be issued as registered or bearer shares under certain conditions.
A public company may utilize a board of directors or a management board and a supervisory board as forms of management. There are no legal requirements relating to the nationality or residence of the directors.
This type of company requires that an annual balance sheet, a profit and loss account and notes to the accounts must be prepared and submitted for the shareholders’ approval within six months after the financial year-end.
Benefits of a holding company
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