10 Facts Companies should Take into Account in their Work after 1 September

Lawyers of FBK Legal prepared a survey of 10 facts that will make a major impact on the operation of legal entities – will either set limitations or provide new opportunities.

According to Dmitry Kudrin, FBK Legal Senior lawyer heading the corporate law projects, the procedures of corporate decision-making, company management and reorganization will undergo serious changes. Changes will be made in the rules of payment of the authorized capital, determination of cost of privileged shares. Such form of legal organization as a closed joint stock company will go out of use. Other changes, which will have an impact on practically all companies, will also take place.

“The changes inserted in the Civil Code are numerous and not each of them is evident for those who have read the text of the law. Some important features are lost in such amount of information, says Dmitry Kudrin. — For example, a new requirement is introduced, that the fact of general meeting in a limited liability company is acknowledged by a notary. Far from everybody is ready for that. But there are conditions when such confirmation by a notary can be avoided, but you should know how”.

With the understanding that there are sure to be numerous questions on the application of new rules, the lawyers of FBK Legal prepared for the representatives of business community a survey of 10 facts that will affect most significantly the practical activity of legal entities after 1 September.

You can familiarize yourself with them at the Company’s site

We wish success to your business.

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