Concept, Types, Documents and Procedure of Company’s Legal Form Change

Company’s legal form change

Company may change its legal form under the conditions and procedure which have been prescribed by the provisions of Articles 478 to 482 of the Companies Act. Concept of a Legal Form Change By changing the legal form, a company converses from one legal form into another legal form, in accordance with Companies Act. The…
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Corporate Profit Tax Law

Tax aspect of liquidation of companies

Tax aspect of liquidation of companies have their own specific characteristics in relation to the general corporate tax regime. The most common tax questions which arise regarding the tax aspect of liquidation of companies are: assessment of tax on corporate profit of companies in liquidation and tax treatment of payments of the liquidation surplus. Assessment…
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Liquidation and Law on Business Companies

Voluntary liquidation of the company – legal aspect

According to provisions of Article 468 of Law on Business Companies, business company shall be dissolved by deletion from the register of economic operators in case of: Liquidation or forced liquidation in accordance with this Law Bankruptcy proceedings in accordance with the law governing bankruptcy and A status change resulting in the dissolution of a…
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