Joint stock company a.s.
A joint stock company (a.s.) is a prestigious type of company suitable for carrying out larger projects.
Any person can become a shareholder (owner) in a joint stock company. The number of shareholders is unlimited.
The assets of an a.s. and its shareholders are separated, and shareholders are not liable for the debts of an a.s. (if the share capital is fully paid-up, which is the case for all our shelf companies and ready-made companies).
Consequently, there is no risk that shareholders would bear the business risk of their company, and should the business plan of the company fail, the shareholders are not liable for the debts of the company.
With riskier business plans, we recommend establishing an SPV (individual company) that is created solely for implementation of the plans.
Advantages of an a.s.:
- prestigious type of company
- anonymous ownership structure
- transfer of shares without any formalities