The articles of association must contain information about capital, mentioning the contribution of each participant, in cash or in kind, the contribution in kind and how to evaluate the sell a timeshare. The limited liability companies will state the number and nominal amount of shares, and number of shares allocated to each partner for its contribution. It also has to choose and if the company will be paying VAT or not. Being taxable means the company does not collect VAT for receipts and not entitled to deduct VAT paid. For companies providing services is more convenient to not paying the VAT. But if a company taxable exceeds the exemption limit of EUR 35,000, …