1. The associates of the virtual company establish a so-called "platform company" which takes the form of a joint stock company or a company with limited liability. The platform company exclusively, and not the associates, appears on the market and enters into construction contracts. However, the contracts are performed by the associates themselves. The internal relationship between the associates as well as their contributions to the virtual company are set out in a separate partnership agreement.
A model partnership agreement as well as a model of articles of association have been published.
Both the platform company and the partnership agreement between the associates constitute the virtual company. The virtual company itself has three institutions: the general assembly of associates (composed of representatives of each associate company), the committee (business management) and the auditors.
