State registration of business partnerships and companies shall be in accordance with procedures established by legislation. Information on business partnerships and companies contained in the state registry of legal entities shall be published on a regular basis in the official press of the agencies registering legal entities. The specifics of state registration of business partnerships and companies with participation of foreign states, international organizations, foreign legal entities and foreign citizens, as well as persons without citizenship, shall be determined by legislation. Assets of Business Partnerships and Companies 1. The assets of a business partnership or company consist of fixed assets, current assets, and other property, the value of which is reflected on the balance sheet of the partnership or company.
Property belongs to a business partnership or company on the basis of ownership right.
The Charter Capital of a Business Partnership or Company 1. The total of the founders' contributions constitutes the charter capital of the business partnership or company. The contribution of founders to a business partnership or company may consist of money in the national currency of the Kyrgyz Republic or, in cases provided by legislation, in foreign currency, and also buildings, structures, equipment, raw materials, materials, goods, production, securities, other material valuables and alienable ownership rights, including the rights to the results of intellectual activities, the value of which shall be reflected on the balance sheet of the partnership or company. If a founder transfers property to a partnership or company only for use, the amount of the contribution and the respective founder's share shall be determined on the basis of rent for use of the property for the entire period of activity indicated in the foundation documents of the partnership or company or for another period if otherwise not provided for in the foundation documents. The risk of casual loss or damage to property transferred to a partnership or company is on the founder who transferred the property, unless otherwise provided by foundation documents.