Business management

How to create a management company

Table of contents:

How to create a management company

Video: How To Build A Property Management Company 2024, July

Video: How To Build A Property Management Company 2024, July
Anonim

Today, most large industrial holdings have a so-called management company in their structure. This name refers to a kind of headquarters, in which the top management of the enterprise is located, making strategically important decisions.

Legal status of the management company

At the legislative level, the term "management company" means a legal entity created solely for the management of property in credit and leasing companies, as well as in investment funds. In addition, the management company has the right to be called the organization managing the funds of non-state pension funds.

To create a management company, you need to consider its structure

The management company is created strictly in accordance with applicable law. Thus, in order to create a management company, it is first necessary to obtain a license for the management of investment funds (including unit trusts) and non-state pension funds.

Upon receipt of an appropriate license, the clear structure of the management company should already be considered. It is formed depending on the goals of its creation, as well as on the specifics of its future activities. It, in turn, is determined by those functions that are transferred to the competence of the management company, and also depends on the total number of controlled enterprises, firms and enterprises.

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