of July 21, 2016 No. 179
About the small and medium companies
The Parliament adopts this organic law.
(1) This law establishes the legal basis of activities of the micro, small and medium companies and measure of the state support for their creation and development.
(2) the Purpose of this law is promotion of sustainable development of the micro, small and medium companies by means of improvement of the legal base and economic conditions within which they are created and function.
(3) Tasks of this law are providing and increase in competitiveness and efficiency of activities of the micro, small and medium companies, and also assistance of timely adaptation to changes in economy and technologies.
(1) Operation of this law extends to all the micro, small and medium companies irrespective of type of property and organization-legal form which in total constitute the sector of the small and medium companies (the small and medium companies, or MSP) and answer the criteria determined in Article 4, excepting the physical persons working at the basis of the entrepreneurial patent and legal entities of the public law.
(2) the Concept "small and medium companies" and abbreviation of "MSP" will be used in all regulating, statistical and other official documents published by bodies of the public power and public organizations.
In sense of this law the following basic concepts are used:
innovative activities – the activities performed for the purpose of improvement or creation of the new products, technologies, processes or services conforming to practical requirements and market requirements;
competent authority – the central industry bodies of public management, public organizations and bodies of local public authority given authority on development and/or implementation of policy in the field of MSP;
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.