Vol. 1 No. 1 (2022), ARTICLES
Vol. 1 No. 1 (2022)

LEGAL ANALYSIS OF CERTAIN RELEVANT QUESTIONS: CORPORATIONS IN GREAT BRITAIN AND GERMANY

ARTICLES
Published 2022-03-22
Askar DJUMANOV
Lecturer at the Department of Business Law, Tashkent State University of Law // E-mail: askar.djumanov@gmail.com
Nodirbek YARASHEV
Attorney-at-law of «Uryu Itoga Tashkent» law firm // E-mail: yarashev.nodirbek@uryuitoga.com
PDF (O'zbek)

Keywords

corporation, partnerships, company, charter capital, limited liability, blending of capital.

How to Cite

DJUMANOV, A., & YARASHEV, N. (2022). LEGAL ANALYSIS OF CERTAIN RELEVANT QUESTIONS: CORPORATIONS IN GREAT BRITAIN AND GERMANY . LAWYER HERALD, 1(1), 140–147. Retrieved from https://yuristjournal.uz/index.php/lawyer-herald/article/view/321
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Abstract

The article examines the legal nature of corporations, their definition and main features. In this material, a comparative analysis of the system of non-subject partnerships in the UK and Germany is carried out. The article focuses on the evolution of UK partnerships and types of corporations. The paper indicates that there are no minimum requirements for authorized capital in the UK. The author points out that in the continental system, a slightly different approach to defining the types of corporations and indicates that the system allows corporations to be created in two main directions: non-subject associations of persons (simple, general and limited partnerships) and legal entities associations of persons (joint-stock company, joint-stock limited partnership, limited liability company, cooperative and non-profit association). The materials indicate the main conditions for the emergence of a limited liability company as a separate institution. The article indicates that in Germany, stricter requirements for the minimum size of the statutory fund, but under the influence of uniform directives, in Germany allowed the creation of limited liability companies with one euro.

PDF (O'zbek)

References

1. Суханов Е.А., Сравнительное корпоративное право. – М.: Статут, 2014.

2. Кибенко Е.Р., Корпоративное право Великобритании: законодательство, прецеденты, комментарии. – К.: Юстиниан, 2003

3. Department for Business Innovation & Skills, A guide to legal forms for business, November 2011, // URL:https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/31676/11-1399-guide-legal-forms-for-business.pdf

4. Act on Limited Liability Companies, as consolidated and published in the Federal Law Gazette III, Index No. 4123-1, as last amended by Article 10 of the Act of 17 July 2017 (Federal Law Gazette I p. 2446), // URL: https://www.gesetze-im-internet.de/englisch_gmbhg/englisch_gmbhg.html#p0020

5. Stock Corporation Act of 6 September 1965 (Federal Law Gazette I, p. 1089), as last amended by Article 9 of the Act of 17 July 2017 (Federal Law Gazette I p. 2446), URL: https://www.gesetze-im-internet.de/englisch_aktg/englisch_aktg.html#p0025