Société Anonyme

Συμβολαιογραφικές & Νομικές Υπηρεσίες

 

The Societe Anonyme is the commercial capital company, which has a legal personality and the share capital is divided into equal parts, the shares. A Societe Anonyme is the commercial capital company which has a legal personality and share capital divided into equal parts, the shares. The shareholders are responsible for the company debts up to the amount of their contribution.

The name of the Societe Anonyme consists of the type of business activity it exercises, but it may also include the full name of one of its founders or of another physical person and it must include the words "Societe Anonyme".

The minimum chare capital (or stock) is twenty four thousand Euros (24.000,00).

Since 9/4/2014 the capital raising tax according to the law articles 17 and on, law 1676/1986 (A' 204) is not imposed during the establishment of a company.

The establishment of a Societe Anonyme requires that the company contract is drafted by notary instrument.


SINGLE-SHARE SOCIETE ANONYME
The Societe Anonyme may be founded by one or more persons or it may become single-person by the gathering of all the shares in a single person. The founding of a Societe Anonyme as a single-person company or the gathering of all its shares in one person only, as well as the details of its sole shareholder are subject to the formalities of publication provided by the Law.

SOCIETE ANONYME ARTICLES OF ASSOCIATION DETAILS
The founding notary instrument (articles of association) of the company, must, apart from other things, definitely include:
a) The company name and the company mission.
b) The company registered office.
c) The term of the company.
d) The total and method of payment of the company capital.
e) The type of shares, number, their nominal value and their issue.
f) The number of shares of each category, if there are more categories of shares.
g) The conversion of registered shares into anonymous or of the anonymous into registered.
h) The convening, establishment, operation and competencies of the company's Board of Directors.
i)  The convening, establishment, operation and competencies of the company's General Meetings.
j)  The auditors.
k) The rights of the shareholders.
l)  The balance sheet and the distribution/disposal of profits.
m)The company dissolution and the settlement of its assets.
n) The details of the person that signed the company's articles of association.