1. Is the owner of a single-member limited liability company legally entitled to transfer all or part of its charter capital to another limited liability company? Pursuant to Articles 76 and 77 of the Law on Enterprises 2020 regarding the transfer of charter capital of a single-member limited liability company: Article 76. Rights of the […]
The charter capital of a joint stock company constitutes a fundamental legal basis for determining the company’s financial liability, shareholders’ ownership ratios, and the corresponding rights and obligations. An increase in charter capital is a material corporate action that gives rise to amendments to the company’s charter, changes in capital structure, and potential impacts on […]
The charter capital of a single-member limited liability company (LLC) plays a crucial role in establishing the financial foundation and credibility of the business. It reflects the owner’s commitment and serves as a financial buffer against liabilities, influencing the company’s ability to secure funding and engage in contractual agreements. However, various factors may necessitate a […]