In the event of a split, the company to be divided transfers all of its property to two or more of the acquiring companies and ceases to exist without liquidation. In the event of a split, the shareholders (shareholders) of the company to be divided become shareholders (shareholders) of the acquiring companies in accordance with the decision on the division of the company. The reorganisation shall be carried out in two stages.

Documents to be submitted:

• an application for the initiation of a reorganisation;
• a reorganisation decision or a draft decision;
• a receipt or a copy thereof, or a printout of an online bank payment, or information regarding the payment of the State fee.

Time limit for the submission of documents in the Enterprise Register: 14 days from the drafting of the reorganisation decision or the draft decision.