Limited Liability Company: Who Bears Responsibility for the Company’s Operations?

A limited liability company (LLC) is one of the most common forms of business organization. This is primarily due to its relatively simple incorporation process, low minimum foundation capital and flexible organizational structure. For these reasons, this type of company is most frequently chosen by small and medium-sized enterprises, as...

Regulation of the Decision-Making Process in Accordance with the Housing Law

In order to further regulate certain matters within its competence, the Housing Regulatory Commission adopted the Rulebook on Decision-Making by Owners of Separate Units, Selection of a Property Manager or Homeowners’ Association, and Termination of the Contract for the Provision of Property Management Services in Residential Buildings, published in the...