"Raise Capital group" LLC is the guarantor of stability, security and success of your business!

Compare JSC and JSC

We present a comparative table of the two Belarus organizational-legal forms of enterprises: open and closed joint-stock company.

Table of difference
Closed joint stock company / Open joint stock company
in Belarus

Parameter name Open joint stock company Closed joint stock company
Number of shareholders Unlimited quantity No more than 50 shareholders
Тerms of sale of shares Owners can sell, transfer their shares to an unlimited number of individuals or legal entities without asking permission of other shareholders and without notifying them about it Shares can be sold to a certain, limited by the Charter, list of persons, no more than 50 persons.  If a member of the company wishes to sell his shares, other members of the company have the right to purchase his shares first. If this does not happen, the company itself can purchase shares at a price agreed with the owner. If the company refuses to buy shares can be offered to any third parties
Public disclosure Obligation to publish an annual report in mass media about the results of activity No obligation to publish an annual report in mass media about the results of activity/ Should publish report just in certain cases according to law
Founders in the Charter May not show the names of founders in the Charter Must name founders in the Charter
Minimum authorized capital 2 550 Belarusian rubles 10 200 Belarusian rubles
Additional issue shares Open placement of shares among an unlimited number of persons on the exchange Limited accommodation among a certain number of persons

The lawyers of VRK Expert, LLC will help you make a qualified choice in favor of a specific organizational and legal form and will explain all the details of each of them.

Initial consultation on the choice of legal form is FREE.



More than 9 years in the market of legal services and certification services. During this time, we have NEVER let our clients down.

The company's specialists do not work remotely, but are always in the office, so they can immediately answer questions and provide advice.

Our experts and lawyers have specialized education, work experience, take advanced training courses, participate in trainings and seminars to keep abreast of updated standards and requirements.

We are personally responsible for the result. If the result is not our fault, we will refund the money.

We can independently solve most of the problems of your business, as we are experts in several areas. Working with us, you can be calm for all aspects of your activities - nothing will be missed, all risks will be taken into account.

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