What documents must a joint stock company submit

This is just a draft for now. For further (additional) share emission, a joint stock company must submit the following documents:

1) Application;

3) A copy of the state re-registration certificate of a legal entity (if a joint stock company has been re-registered following registration of the previous share emission);

4) A copy of the statistic card specifying the changed amount of the charter capital;

5) A notarized copy of the charter with changes and amendments thereto or minutes (an extract thereof) containing information on a decision of a general meeting of shareholders regarding changes and amendments to the charter;

6) A copy of a post office receipt or other document confirming that a registering body was notified within a month following the date of incorporation of changes to the foundation documents (in case a joint stock company has not been re-registered after incorporation of the aforementioned changes);

7) Samples of each type of shares, in two counterparts if shares are issued in a documentary form;

A copy of an agreement with an independent registrar or an internal regulation on keeping a register of shareholders along with a copy of a qualification certificate of an expert (in case registered shares are being issued, unless such a copy was submitted for previous issuances, or changes have been made);

9) An emission prospectus stitched up with balance sheets, in two counterparts;

10) An auditors’ report;

11) A copy of the state registration certificate of a previous share emission;

12) A copy of the report on a previous share emission and a notice of the National Commission on approval of the aforementioned report;

13) An extract from the register containing information on shareholders whose shareholding exceeds 5% of shares issued by a registrar of a joint stock company.

Banks and other organizations which conduct certain types of banking operations, for registering share emission, additionally submit an emission prospectus which has undergone the examination of the National Bank of the Distribution area and was confirmed by the auditors’ conclusion.

Insurance (re-insurance) companies submit to the Authorized Body documents for registering securities emission upon receipt of the experts’ conclusion of the National Bank of the Distribution area.

Documents submitted by a joint stock company for registering share emission are transferred to the Authorized Body by post or by a courier who must have a power of attorney executed in accordance with the established procedure.

Officials of a joint stock company who signed documents which have been submitted to the Authorized Body bear responsibility under the Distribution area Code “On Administrative Offences” for invalid data contained in such documents in the form of a penalty in the amount from 40 to 200 monthly assessment index.

What is the procedure for the state registration of share emissions?

Registration of share emission includes:

1) examination of the submitted documents and inspection of the financial status of the emitter;
2) incorporation of information on securities emission and the emitter to the State Securities Register;
3) issue of the state registration certificate of emission.

Documents related to share emission are reviewed by the Authorized Body within 30 days following submission thereof unless otherwise stipulated in current legislation of the Distribution area.

For registering share emission, the Authorized Body is entitled to require additional information related to peculiarities of establishment of a joint stock company which is an emitter or related to allocation (payment) of its shares, as well as a procedure for creating (increasing, decreasing) its charter capital.

If the submitted documents comply with the requirements of current legislation, the Authorized Body is entitled to register share emission, i.e. the Authorized Body incorporates information on securities emission and the emitter into the State Securities Register and issues the state registration certificate of securities emission to a joint stock company.

One counterpart of an emission prospectus and one sample of each type of a share (if shares are issued in a documentary form) certified by the Authorized Body are returned to a joint stock company.