Sunday, 13 April 2014

SIMPLIFIED BY COMPANY SHARES




SIMPLIFIED BY COMPANY SHARES

SAS


Capital. 

1. Authorized: A lump sum that determines the maximum amount of capitalization of the company.

. 2 Joined: The authorized capital of the shareholders agree to pay term ( maximum two years ) at the time of its formation is not required to pay, as you can pay as much as 2 years, all signed.

. 3 Paid: Part subscribed shareholders have actually paid and that the company has entered. 

Formalization.                     
It is through Private Document, unless you enter a good subject to registration, in which case the constitution is made through a public deed before a notary.

Shareholders.
Minimum 1 shareholder and has no ceiling.

Shares are freely transferable, but may be limited by statute to 10 years trading.

Liability of partners. 
These respond to the amount of their contributions for social obligations. If the SAS is used to defraud the law or harming others, shareholders and managers who have made, participated in or facilitated fraudulent acts jointly liable for the obligations under such acts and the damage caused, beyond the amount of their contributions.

Duration
This type of company may be indeterminate or determined to be decided who believes allowing liquidate at any time without waiting for a while. 

In future issues we will use in all types of companies that exist in Colombia and like this give the main features of each policies.