GEFE unit 3- SET UP/START UP PROCEDURES

Indicate which of the following proposition is correct:

• Individuals carrying out business activities must comply with the same incorporation procedures as companies.
• Communities of property must be formalized in a public deed.
• Individuals can voluntarily register in the Mercantile Registry.
• Legal entities can be voluntarily registered in the Mercantile Registry.

Indicate which of the following proposition is correct:

• Obtaining the negative certificate of denomination is an incorporation procedure.
• The company name is the name that identifies the company in its commercial activity.
• The certificate of denomination is granted to the first name requested that is not registered.
• All are true.

Indicate which of the following proposition is correct:

• The individual entrepreneur must apply for the provisional NIF.
• The deed of incorporation is the document in which the partners declare their willingness to create a company.
• The payment of ITPAJD is a disbursement to be considered in the incorporation of the company.
• None of the above is correct.

Indicate which of the following proposition is correct:

• Cooperatives acquire legal personality when they register their articles of incorporation in the Mercantile Registry.
• When a corporation registers its articles of incorporation at the Mercantile Registry, it acquires legal personality.
• A community of property acquires legal personality when it registers its articles of incorporation in the Commercial Registry.
• None of the above is correct.

Indicate which of the following proposition is correct:

• The IAE is a state tax.
• The IAE is only compulsory for trading companies.
• One of the procedures for starting a business activity is to register in the Census of Taxpayers
• None of the above is correct.

Indicate which of the following proposition is correct:

• Individuals who work as employees must register in the RETA.
• Individuals who are self-employed must register with the RETA,
• Companies must register with the RETA.
• All of them are true.

Indicate which of the following statements is correct:

• The opening license of the center must be presented when resuming the activity after having made important modifications in the same one.
• It is only necessary to present the license for major works, the license for minor works has been replaced by a communication.
• The book of Minutes is a voluntary book.
• None of the above is correct.

Indicate which of the following propositions is correct:

• The self-employed must make the Census Declaration once the activity has started.
• Civil companies are subject to IS.
• Public limited companies must file the Annual Declaration of Transactions with Third Parties.
• None of the above.

Indicate which of the following statements is correct:

• Insolvency implies a situation of lack of liquidity.
• The situation of legal insolvency applies exclusively to situations of global insolvency.
• Insolvency is resolved by liquidation.
• None of the above

Indicate which of the following senteces is correct:

• Bankruptcy resolution could be file by creditors or by debtors.
• Bankruptcy resolution could be voluntary or mandatory.
• Bankruptcy resolution could be by agreement or by liquidation.
• None of the above