Stock Companies in Kosovo

AuthorMajlinda Belegu, Bashkim Rrahmani
Pages144-153
ACTA UNIVERSITATIS DANUBIUS Vol. 15, no. 1/2019
144
Stock Companies in Kosovo
Majlinda BELEGU1, Bashkim RRAHMANI2
Abstract: Law on Business Organizations recognizes the stock companies as the type of business
society. The paper will use methods of analysis, method of comparison, method of s ystemic analysis,
etc. In addition to these methods author will use the combined methodology in order to reach the main
goal of the paper. If the stock companies belong to business societies, the after their registration what
is their legal arrangement? According to the Law on Business Organizations, the stock companies could
have only one shareholder and many or a lot of them. Each shareholder has its shares which is the
property of the shareholder. Shares could be transferred from a shareholder to other judicial/physic
persons. The founding capital of stock companies is determined by the law. This society is judicial
person which is responsible for all its obligations and for these obligations it is responsible with its
assets and its property. Personal property of shareholders doesn’t contain the property of shareholders
companies. Shareholder is responsible for society with its wealth only if shareholder abuses with the
shareholder company. Paper analyzes competences in the society and the duration of foundation, then
statute, memorandum an regulations of the society are analyzed is analyzed. Author with the paper
covers and analyzes the founding capital and the organs of the stock companies, always determined by
the law. Paper also explains the ways of the dissolution of the stock companies.
Keywords: law; stock company; judicial person; competence; shareholder
Introduction
In the business law two subjects develop civil legal relations. T hey are private and
judicial persons. Private/physic persons gain their subjectivity by birth whereas
acting ability they gain in the age of 18. Judicial persons their judicial and acting
1 Associate Professor, PhD, AAB College, Prishtina, Republic of Kosovo, Address: Rr. “Elez Berisha”,
nr. 56, Zona Industriale Prishtinë - Fushë Kosovë, 10000 Prishtinë, Republic of Kosovo, Corresponding
author: majlinda.belegu@universitetiaab.com.
2 Associate Professor, PhD, AAB College, Prishtina, Republic of Kosovo, Address: Rr. “Elez Berisha”,
nr. 56, Zona Industriale Prishtinë -Fushë Kosovë, 10000 Prishtinë, Republic of Kosovo, E-mail:
bashkim.rrahmani@universitetiaab.com.
AUDJ, Vol. 15, No. 1/2019, pp. 144-153

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