Registration of a software company
Registration of a software company
Question:
Hello,
When you register a software company that will generate advertising revenue, how to describe the software that will be imported as an initial asset (this software will also generate advertising revenue, will not help in the production of new software, and will already created)?
Greetings!
Answer:
Hello,
If you mean that you want to contribute the existing software as a fixed capital, with which you can register a new company, then the provisions for establishing a company through an application are respected. The material prerequisites for the implementation of the support are set out in Art. 72 and Art. 73 of the Commercial Act, as the name of the petitioner, the basis of his rights, as well as the full description and monetary valuation of the non-monetary contribution are obligatory requisites of each company contract, respectively. statute. The assessment of the contribution to a limited liability company, a joint stock company or a limited partnership with shares is made by 3 independent experts, who are nominated by the registration officer of the Registry Agency in order to ensure objectivity. They draw a conclusion, which shall be submitted to the Commercial Register with the application for entry. The registration creates the presumption that the support will be valid. The valuation contained in the partnership agreement or the articles of association may not be higher than the valuation of the experts. If one of the members of the company does not agree with it, the law provides him with alternative opportunities to make a financial contribution or to refuse to participate in the company. In order for the item to be eligible for donation, the non-monetary contribution must be able to serve as collateral for the company's creditors, be monetary valuable and be in civil circulation. It should be a transferable property right that is not strictly personal. In your case, we think it will be very difficult to find evaluators of the software you have created.
It will be much easier to register the company with a cash contribution (minimum 2 BGN capital) and then buy the software from the creator. In this way, it will become the property of the company and will have the same effect as after the deportation.
We hope we have been helpful.
Greetings!
