To register a company, the founders must submit documents to Enterprise Register (ER), disclosing the principles by which the business will work. It’s not just a formality – if company has several owners, it’s crucial to settle all legal nuances and define everyone’s responsibilities and rights from the outset.

Documents for submission: Memorandum of Association, Articles of Association, appraisal report on the property contribution, and a brief notice about company’s legal address.

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Compare business types
Samples of Memorandum of Association
Sample of Articles of Association

To found a company, you must open a temporary account for the transfer of share capital. You can open this account remotely, through applying for a consultation or going to a branch.

Companies must be registered in the Enterprise Register so that the business is legitimate. Nowadays companies can be founded online – even from home.

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How to register a company remotely?
Registering a LLC
Registering a LLC with no minimum capital requirement
Registering a sole trader

After you have registered your company in the commercial register, you can formalise the temporary account as a permanent current account and begin to freely act with the money in the account. Payments account is the foundation for starting a cooperation with the bank.