The Committee on Regulatory and Industrial Policy and Entrepreneurship recommends the Parliament to adopt the Bill on Amendments to certain Legislative Acts of Ukraine regarding Implementation of the Principle of State Registration of Legal Entities under Model Statute as a Basis

15 March 2011, 18:19

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Опис : D:\soft\Rada_soft\PM_PORTAL\Temp\TempHtml.files\PM650image002.jpgThe bill (Reg. No.8146), submitted by the Cabinet of Ministers, amends the Civil and the Economic Codes of Ukraine, the Laws "On State Registration of Legal Entities and Sole Proprietors", "On Business Entities", "On Joint-Stock Companies" that permit establishing a legal entity under model statute to simplify the procedure of their state registration and also cut down on the financial expenses on the part of legal entities promoters.

 

People´s Deputies upheld the legislative initiative that simplifies setting up of business, although the bill needs harmonizing with the Laws "On Joint-Stock Companies", "On Business Entities" and "On State Property Management." Moreover, N. Korolevska, Chairperson of the Committee, emphasised, "The bill does not define whether amendments to the statutes of the legal entities implemented after their establishment extend on activity of legal entities set up under model statutes."

 

In the result of the discussion, the Committee passed a decision to recommend the Parliament to adopt the bill on amendments to certain legislative acts of Ukraine regarding implementation of the principle of state registration of legal entities under model statute as a basis.