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Publication date: 18.04.2024
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Changing the authorized capital of a legal entity is a serious step that requires appropriate registration and execution of relevant legal procedures. Here are a few steps you usually need to follow:
Conducting meetings of participants (shareholders, founders, etc.): Usually, a change in the authorized capital of an LLC requires a decision by the authorized bodies of the legal entity, which may be in a meeting of shareholders, a general meeting of founders, or others.
Preparation of necessary documents: After making a decision to change the authorized capital, it is necessary to prepare relevant documents, such as minutes of meetings of participants, a statement on changes to the articles of association, a new edition of the articles of association, and other documents.
Registration of changes with the relevant authorities: Submit documents for the registration of changes to the relevant registration authorities, which may be regional state registration authorities or other authorized bodies depending on the jurisdiction.
Notification of interested parties: Notify banks, tax authorities, counterparties and other interested parties about the change in the authorized capital of your company.
Update internal documents: After registering the changes with the relevant authorities, update the company's internal documents, which may contain information about the share capital, such as articles of incorporation and internal rules.
Changing the director of an LLC requires several steps to properly arrange. Here are some tips:
Check the bylaws: Make sure your bylaws allow for changes in company management and specify the procedure for doing so.
Make a decision at the meeting of members: Organize a meeting of the members of the company (general meeting of shareholders or meeting of the management body, depending on your structure) and make a decision on the replacement of the director.
Prepare the necessary documents: Prepare official documents that confirm the replacement of the director, such as minutes of the meeting of members of the company, a statement on the change in the composition of the management, the decision to dismiss the previous director and appoint a new one.
Submit the documents to the registration authorities: Submit the necessary documents to the relevant registration authorities (for example, the registration service of the tax inspectorate or the chamber of commerce) that are responsible for registering the change of company management.
Stakeholder Notification: Notify stakeholders of the director change, including banks, suppliers, customers and other partners.
Transfer of powers and documents: Ensure that the previous director transfers all necessary documents and powers to the new director.
Update internal documents: Update internal company documents that may contain information about the director, such as articles of incorporation and bylaws.
Legal Advice: If necessary, consult legal advisors or attorneys for additional assistance with the legal aspects of a director replacement.
Adding KVED to the documentation of your LLC may be necessary in case of expansion or change of activities of your company. Here are a few steps that may be helpful for adding KVEDs:
Studying KVED: Before choosing KVED, familiarize yourself with the Classifier of types of economic activity and select those codes that belong to the field of activity of your company.
Preparation of documents: Prepare the necessary documents, such as an application to change the statute or a decision of the general meeting of members of the company, which confirm the addition of new KVEDs.
Submission to the registration authorities: Submit the necessary documents to the relevant registration authorities, which are responsible for the registration of changes in the articles of association.
Stakeholder notification: Notify stakeholders about the addition of new KVEDs to your charter.
Update internal documents: Update the LLC's internal documents, which may contain information about the KVED, such as articles of incorporation and internal rules.
Legal Advice: If necessary, consult legal advisors or attorneys for additional assistance with the legal aspects of adding a KVED.
Track changes: Remember that changes to the KVED may require further or updated actions in the future, in particular if your company expands or changes its activities.
Keep in mind that the steps may vary by jurisdiction and your company's specific conditions and business.
