Features of the share capital creation in economic partnerships

The main purpose of share capital, according to the author, is to guarantee the interests of creditors and counterparties, which makes the partnership an attractive form for the implementation of innovative investment projects with venture financing. The paper considers the mechanism of the share capital formation in economic partnerships. The author has revealed some shortcomings in legal regulation of the share capital formation in economic partnerships. In particular, some questions arise concerning the consequences of the breach of participants’ duty to contribute to the partnership's share capital. The author reveals the problem of a ratio of measures of transition of a share of the participant of economic partnership and exclusion of the unfair participant of economic partnership. The conclusion is drawn that the agreement on managing a partnership is important in formation and management of the share capital of economic partnership. At the same time, there are also some shortcomings of legal regulation of their activity that demand legislative changes.