russialover1 (russialover1) wrote,
russialover1
russialover1

Types of Russian business entity

Russia has three types of business entity in Russia.
These are: Joint-Stock Companies (JSCs), Limited Liability Companies (LLCs) and partnerships. Both of the first two of these are joint-stock companies (in that they are owned by their shareholders) and have limited liability (the shareholders are only liable for the company's debts to the face value of the shares).
Tags: russian business entity
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