en
Glossary

Glossary

Unauthorized business

Legal consequences of the fact that a person carries a business illegally:

  • a person carries a business without authorization
  • his/her business was forbidden (eg disqualification by judgment of the court, decision on suspending trade by Trade Office)
  • although the person has a license to do business, but its activity is beyond the scope of such authorization

A person who carries out an activity to which by virtue of special legislation notification or permission is required, without such notification or permission, and persons carrying out such activities on behalf of another person, shall be responsible for any damage caused thereby, this does not affect their responsibility under special legislation.

Founding a LLC, ready made companies

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