What are the types of companies in Russia?
There are various types of companies in Russia. The most common among these are:
1. Limited Liability Company (LLC): The most common type of company, LLC can be formed by one or more individuals. The liability of partners is limited to the amount of capital they invested.
2. Joint Stock Company (JSC): JSC is a type of company that raises capital through shares and provides limited liability to its partners. At least one founder and capital are required.
3. General Partnership: In this type of company established by at least two partners, the liability of the partners is personal and unlimited.
4. Limited Partnership: It is a type of company with unlimited liability of at least one limited partner and limited liability of one or more limited partners.
5. One-Person Company: It is a type of company established and managed by only one person. In this type of company, the owner's liability is unlimited. Each of these company types has different advantages and disadvantages. The company formation process and requirements may also differ for each type of company.
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