A company is formed by filing articles of association with the State Registry, which is a special agency under the Ministry of Justice. Engaging in business activities without state registration can result in administrative or criminal liability. Since the “one-stop shop” was launched in 2011 businesses have been able to complete state registration, tax registration and trade name reservation at a single location and at the same time.
Companies can be registered by either using the online incorporation web service, by using a local agent or by filing the necessary documents on the spot with a local office of the Registry.
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