Limited liability company as a private legal entity: selected legal issues
DOI:
https://doi.org/10.35774/app2019.04.187Keywords:
legal entity, limited liability company, business activity, charter, share capitalAbstract
A limited liability company is a company that has registered capital, divided into shares, the size of which is determined by the constituent documents, and is responsible for its obligations only with its property.
A limited liability company as a subject of civil law is a legal entity, the signs of which, according to the legislative definition, are that it: is an organization, that is, is a certain organizational and structured social formation; must be created and registered in the manner prescribed by law; has civil capacity and capacity; may be a plaintiff and a defendant in court.
The purpose of the article is a comprehensive theoretical and legal study of limited liability companies as a category of legal entities under private law.
The article presents the theoretical and legal concept of a limited liability company as a type of legal entity under private law. The analysis of the modern legislation regulating the activity of companies is carried out. The position of civilian scientists on the identification and classification of features of a limited liability company is analyzed. The order of functioning of the companies from the point of view of the Commercial Code and the Civil Code is investigated. The legal description of the main provisions of the legislation of Ukraine in the sphere of regulation of activity of legal entities of private law is given.
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