Companies Act

Acquisition and disposal of high-value assets

The concept of acquisition and disposal of high-value assets, the procedure for acquisition, i.e. disposal of high-value assets, as well as the consequences of breaching provisions on the disposal of high-value assets, are regulated by the provisions of Articles 470 to 473 of the Companies Act. The cited provisions of the Companies Act apply to…
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Companies Act

Contributions of the company

According to the provisions of the Companies Act contributions to the company may be pecuniary or in kind, and are expressed in dinars. If a pecuniary contribution is paid in a foreign currency in accordance with the law governing foreign currency operations, the dinar counter value of the contribution is calculated using the National Bank…
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