A limited liability company shall be established under a contract signed by all shareholders and it must contain the data specified by the Ministry, particularly the following: 1. the name of the company and the principal place of its business. 2. the amount of its share capital and a statement of the shares in cash or in kind and their value. 3. the names of shareholders, their nationalities and addresses and the number of their shares. 4. the company’s objectives. 5. the date of establishment of the company and its duration. 6. the name of the company’s manager, his/her personal data and authorities. 7. the beginning and end of the company’s financial year and the date of its first financial year. 8. the bodies which have jurisdiction to resolve disputes between the shareholders. 9. the percentage for adoption of resolutions of the general meeting of shareholders in every meeting to be convened, with the exception of resolutions, the percentage for which has been provided by law.
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