Objectives of the Enterprise Law: The Enterprise Law creates favorable conditions for business operations, protects the interests of businesses and shareholders, and promotes transparency and accountability.
Main requirements of the Law:
Business Registration: Enterprises must register their business and operate in the right registered profession.
Corporate Governance: Enterprises must comply with governance regulations, including holding general meetings of shareholders and disclosing financial information.
Dissolution and Bankruptcy: The process of dissolution and bankruptcy of businesses must comply with legal regulations to protect the rights of related parties.
