It is a capital company Consists of at least two shareholders, which could be individuals or legal entities and shall not exceed 50, if owners are more than 50 at any time, company shall be converted to Joint Stock Company. Company’s name may include the name of one/or more of the partners. Liability of a shareholder is limited to payment of the value of the subscribed shares, he is not liable for the company’s debt except for the amount which he contributed in the company’s capital. Manage by one or more managers. No minimum capital.
Should be paid in full upon the incorporation.