Registration of the Insurance Company Lviv
Registration of an insurance company from OLSON in Lviv
An insurance company is a legal entity that is legally registered and that assumes the obligations of an insurer. Also, this type of company has a special license for its activities.
If we are talking about the registration of an insurance company in Lviv, then such services are provided by our All-Ukrainian law firm "OLSON".
The main stages of creating an insurance company
Insurance-type organizations are created in two main stages:
- The first stage involves the emergence of the company as a legal entity, its registration with local authorities, as well as the registration of its initial issue of shares;
- The second stage is a thorough examination of the business plan and basic insurance rules, on the basis of which the company registers as an insurer and obtains the appropriate license.
Due to the fact that insurance companies exist in the form of collective enterprises, their creation begins with the emergence of an initiative group, which later acts as the founder of the company.
Requirements for the insurance company
OLSON Law Firm adheres to all requirements for the successful operation of the insurance company in the future.
It is mandatory to have a definition in the constituent documents of activities related to certain types of financial services.
Also, it will be necessary to create accounting and reporting in accounting, which fully meet the requirements of the law.
The insurance company must have qualified personnel who are directly involved in the provision of appropriate types of financial services. An important point is the availability of the necessary technical conditions. This includes own or rented premises, computer equipment, relevant software.
The insurance company must monitor the absence of losses according to the latest annual financial report.
How long does it take to register an insurance company?
As a rule, the basic registration period for an insurance company is 2 months. It is worth noting that the procedure for obtaining a license for a company that plans to conduct insurance activities has three stages.
The first stage is training, which takes 4 working days. This period involves the analysis of documentation and the formation of a complete package of documents.
The second stage usually lasts from 30 working days. During this time, monitoring of the license is carried out and documents are submitted to Natskomfinposlug.
The last stage is devoted to, in fact, obtaining the license itself. It takes up to 6 business days.
It is worth noting that self-registration takes much longer due to lack of experience with this type of activity. Therefore, it is advisable to apply for qualified assistance to the Law Firm "OLSON". Registering an insurance company in Lviv will take much less time if our specialist does it.
Our rich experience has helped dozens of companies get licenses! We will be happy to help you too!
