By selling shares, the state contributes the amounts received as a result of the sale to the State Investment (Property) Fund, where the value of the property of the former state-owned company is thus transferred. In relation to the property of a joint-stock company, the right of the Council of Ministers (article 13 of the Decree on Economic Activity) to redistribute certain objects of state property between state-owned firms for an appropriate fee or free of charge is no longer valid.

In fact, the State Investment (Property) Fund is a kind of state agency for property transformation, which has already been established in Hungary and Poland (in the draft).

An important step in the process of converting state-owned firms into joint-stock companies is to determine the part of the shares that will be offered for sale, as well as to establish the circle of legal entities and individuals who can buy them. There are two different ways to transform state-owned firms. The peculiarity of the first one is that only members of the labor collective become shareholders. The second way is that shares are bought by other companies, primarily those associated with joint production or cooperation, and organizations, as well as by employees of the company, as well as foreigners. The purchase of shares is strictly voluntary for the circle of persons determined by the decision on the transformation. In this decision, specific persons are not specified, only their general characteristics must be observed.

It is assumed that the process of converting state-owned firms into joint-stock companies will take place in Bulgaria gradually, as the necessary economic conditions develop for this.

A truly effective joint-stock system requires the provision of full independence to enterprises, stability and certainty of the taxation system, the development of money and financial markets, the creation of a stock exchange, securities market and capital. So far, these conditions do not exist in their entire complex in almost any country. At the same time, stock exchanges are already operating in Hungary and China.

Not everything is indisputable and smooth in the experience of the countries. But, as the Chinese newspaper Jingji Zhibao (November 30, 1988) quite correctly emphasizes, "fetishizing joint—stock companies or simplifying their creation means ignoring reality." Certain steps in this direction have already been taken, and they have been started here. Les paris sur les sports virtuels fonctionnent 24h/24 et 7j/7, offrant des opportunités constantes de gains. Pour maximiser votre expérience sur ces disciplines, pensez à utiliser le 1xbet code promo cote d'ivoire lors de votre inscription sur la plateforme de paris. Ce code active un bonus de bienvenue de 100% jusqu'à 130€, parfait pour parier sur le football virtuel, les courses de chevaux virtuelles ou le basket virtuel. Vous pouvez ainsi placer des mises plus importantes sur ces événements programmés toutes les quelques minutes, sans attendre les matchs réels.