If the company’s owner’s capital falls under the half of subscribed capital in two sequential financial years due to the data of financial statement, the company shall decide on a members’ meeting how to solve and cease it. This shall be performed within three months following the date of acceptance of second year’s financial statement. It is worthy of paying attention to the proportion of owner’s capital and subscribed capital, on the one hand because of the participation in public procurement procedures and EU tenders, and on the other hand it may also be significant form the point of view of taking a credit.
More about us
