Register Changes: Instructions and Forms

Registration of Changes in Registration Data and Documents with the NRC
A. Mandatory Registration of Changes:

Each registered subject is obliged by Law to register with the NRC every change in the mandatory data provided during the application for initial registration (i.e address of company, legal form of company etc), as well as any change in the accompanying documents filed in the register.

In case of modification of the act of incorporation, bylaws, or of the simple partnership contract (provided it is written), the full text document representing the modifications shall be filed. For branches and representative offices of foreign companies, the documents submitted shall include statues, acts of establishment or equivalent documents according to the foreign law. These documents are to be submitted with their full text including any changes made.

All subjects must register and file relevant information, as follows:

a. The annual balance sheet and the audit report (when their compilation is mandatory) compiled in conformity with the provisions of the accounting rules. Branches and representation offices of foreign companies should submit the audited balance sheet and the audit report of the foreign company compiled in conformity with standards as required in the foreign country.

b. The nomination and /or dismissal of the certified public accountant (in case when his/her nomination is mandatory for the type of company), the certified accountant's professional license number, and his/her identification information.

c. Nomination of liquidators and information for their identification.

d. The acts of termination of the economic commercial activity, the acts of closure or dissolution, the acts for the opening of the liquidation procedures, as well as any other intermediary acts required by the law in force. The acts of opening and closure of liquidation or bankruptcy of the mother company, for the branches and representative offices of foreign companies.

e. Alternative locations of the exercise of the activity apart from the registered seat.

f. Any other obligatory registration in conformity with the provisions of the law in force.

g. Securities or other guarantees on the participation in the capital of the subject.

Note: notwithstanding the above provision, joint stock companies are not obliged to notify each transfer of shares. These companies, together with the annual balance sheet and the audit report, also provide an updated list of the registered shareholders, their nominative shares, and the total number of shares.

B. Voluntary Registration of Data and Changes:

Subjects may register any other data not contained above, which are related to the economic commercial activity of the subject. These additional data may include, but are not limited to the following:

a. The commercial name or other distinctive marks (if different from the registered name of the subject).
b. Any transfer of the nominative shares for joint stock companies, these can be registered by any of the interested shareholders.
c. Web-site, e-mail, telephone and fax.
d. Resolutions of the corporate bodies of the subject (which are not required for registration).
e. Other voluntary data related to the economic activity of the subject.

Application for Initial Registration of the Physical Person                                           Form    Instruction

Application for initial registration of Unlimited Partnership,                                        Form    Instruction
Limited Partnership, Limited Liability and Simple Partnership Companies

Application for Initial Registration of Joint-Stock Companies                                       Form    Instruction

Applicaiont for Initial Registration of Credit and Saving Companies                           Form    Instruction

Application for Initial Registration of Branches and Representative                             Form     Instruction
Offices of Foreign Companies

Application for Initial Registration of RCC (Reciprocal Collaboration Company)             Form    Instruction

Note: Last Updated, Aprill 30, 2008