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Company or Merchant
Limited liability company (SIA)

Limited liability company (SIA)

Limited liability company (SIA)

A limited liability company (LLC or SIA) is a company with the equity consisting of the total nominal value of shares.

A limited liability company (LLC or SIA) is a private company and its shares are not publicly traded. Company is a legal person.

Minimum equity is 2800 EUR
Founders may be both natural and legal persons
The equity can be paid up by cash or property contributions

Founding Changes Reorganisation Liquidation or termination of activities

Registration with the Enterprise Register Members and management Registration with the State Revenue Service (SRS) Appraisal of property contribution Registration at a selected time Certification of signatures Preliminary check of documents Issue of the registration certificate True beneficiaries

Change of legal address

Change of the equity

Payment of the remaining amount of the equity Increase of the equity Reducing the equity, Stage 1 Reducing the equity, Stage 2 The equity into EURO

Amendments to the articles of association Amendments to the memorandum of association/contract of formation

Procuration

Issue of a procuration Termination of a procuration Changes in the information on the procurator or a registered

Change of the shareholders or the board

Changes in the shareholders’ register Changes in the composition of the board Changes in the representation rights of the board Changes in the personal data

Council

Changes in the composition of the council Changes in the personal data

Change of the name Certification of signatures Preliminary check of documents Registration at a selected time Announcement and opening of meetings True beneficiaries

Divestiture without establishing a new company

Stage 1 Stage 2

Divestiture with establishing a new company

Stage 1 Stage 2

Restructuring

Stage 1 Stage 2

Acquisition

Stage 1 Stage 2

Merger

Stage 1 Stage 2

Splitting up

Stage 1 Stage 2

Cross-border merger

Stage 1 Stage 2

Transformation of sole traders, farms and fishing undertakings in to LLC

Stage 1 Stage 2

Certification of signatures Preliminary check of documents Appraisal of property contribution

Liquidation Stage 1 Continuation of activities Liquidation Stage 2 Changes in the composition of the liquidators Changes in the information on the liquidator Termination of activities Renewal of activities Certification of signatures Preliminary check of documents

Founding

Registration with the Enterprise Register Members and management Registration with the State Revenue Service (SRS) Appraisal of property contribution Registration at a selected time Certification of signatures Preliminary check of documents Issue of the registration certificate True beneficiaries

Changes

Change of legal address

Change of the equity

Payment of the remaining amount of the equity Increase of the equity Reducing the equity, Stage 1 Reducing the equity, Stage 2 The equity into EURO

Amendments to the articles of association Amendments to the memorandum of association/contract of formation

Procuration

Issue of a procuration Termination of a procuration Changes in the information on the procurator or a registered

Change of the shareholders or the board

Changes in the shareholders’ register Changes in the composition of the board Changes in the representation rights of the board Changes in the personal data

Council

Changes in the composition of the council Changes in the personal data

Change of the name Certification of signatures Preliminary check of documents Registration at a selected time Announcement and opening of meetings True beneficiaries

Reorganisation

Divestiture without establishing a new company

Stage 1 Stage 2

Divestiture with establishing a new company

Stage 1 Stage 2

Restructuring

Stage 1 Stage 2

Acquisition

Stage 1 Stage 2

Merger

Stage 1 Stage 2

Splitting up

Stage 1 Stage 2

Cross-border merger

Stage 1 Stage 2

Transformation of sole traders, farms and fishing undertakings in to LLC

Stage 1 Stage 2

Certification of signatures Preliminary check of documents Appraisal of property contribution

Liquidation or termination of activities

Liquidation Stage 1 Continuation of activities Liquidation Stage 2 Changes in the composition of the liquidators Changes in the information on the liquidator Termination of activities Renewal of activities Certification of signatures Preliminary check of documents

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