Continuation of activities of AS (stock company)
1. Summary
If the commencement and termination of the liquidation proceedings have been decided by the meeting of stockholders until the liquidation proceedings have been completed, it has the right to terminate the liquidation proceedings and to continue the operation. The liquidator shall be revoked at the same time by the decision to continue operations, as well as the Council appointed, which in turn shall appoint a board of directors.
We note that under commercial Law, participants/shareholders have the right to participate and vote in the meeting remotely, or to vote before the meeting. Read more in the Explanatory Notes on Remote participation in meetings of Members, shareholders and Members section.
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1-3 working days (not including the day of submission)*Review
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from 40,00 EURCosts
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Can be done electronicallySubmit documents
* The statutory time limit for examining documents may be extended on the basis of Section 64, Paragraph two of the Administrative Procedure Law.
In the cases specified in the Law, an application for registration of changes may be sent for inspection to the State Revenue Service. Read more about the assessment of applications received in the Enterprise Register at the State Revenue Service.
Documents to be submitted:
- application form KR18;
- a questionnaire for inclusion of information in the Register of natural persons (to be signed by the foreigner himself or herself with a secure electronic signature in order to submit electronically; if there is no secure electronic signature, this document shall not be submitted) of a foreigner (foreigner) who has a legal link with Latvia on the basis of which mutual rights and obligations in the field of commercial activities and taxes are formed or have developed, but no personal identity number of the Republic of Latvia has been granted;
- minutes of the meeting of stockholders (signatures to be certified);
- minutes of the meeting of the Council;
- consent of a Member of the Management Board to hold office (not to be submitted if it is included in the application form KR18, Sub-paragraph 3.1) (signature to be certified);
- the consent of the members of the Council to hold office;
- a list of the members of the Management Board;
- a list of the members of the Council;
- if the application is submitted via postal services, information regarding payment of the State fee shall be appended (receipt or a copy thereof, or printout of an Internet bank payment or free text information).
Deadline for submission of documents in the Enterprise Register: 14 days from the decision.