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Slovenia: Types Of Company

Joint Stock Company

With a Joint Stock Company, share capital is divided into shares, or stock. The company is fully liable by guarantee of its assets, though the shareholders are not liable for the obligations of the company. The legal status of a Joint Stock Company is obtained by court registration. Any number of people can form the company by signing an act of incorporation.

A minimum of EUR25,000 is required as start-up capital; at least one-third of this amount must be in cash and 25% of the nominal value of the shares payable in cash must be paid up prior to registration. The minimum share value is EUR1, or multiples thereof. The shareholders’ meeting is the most important decision-making body.

Two tiers of management structure are possible for a Joint Stock Company, either a board of directors or a combination of a management board and a supervisory board.

 

 

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