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Limited Liability Company (OOD)

I. Establishment of the Company contract / Founding Act (for LTD)
II. Raising the minimal required capital of the company (5 000 euro)
III. A certificate from a bank for the introduction of at least 70 percent of the company’s capital
IV. Authorization by the competent authority to carry out certain activities (eg: investment broker)
V. Entry into the Commercial Register at the request of the General Manager 
VI. Promulgation of the decision in the Official Gazette
VII. Registration in the respective territorial division of the National Revenue Agency for issuance of a unique identification code (BULSTAT number) within 7 days of registration of company
VIII. Community Association