Reorganisation of an association – Acquisition
1. Summary
Addition is the process by which an association (association to be added) transfers all its property to another association (acquiring association). In the case of mergers, the merging association shall cease to exist without liquidation proceedings, the rights and obligations of the merging association shall pass to the acquiring association and the members of the merging association shall become members of the acquiring association. Not earlier than 3 months after publication of the notice in the official publication 'Latvijas Vestnesis', each association involved in the reorganisation shall submit documents to the Enterprise Register for reorganisation.
Members shall have the right to participate and vote remotely in a meeting of members. Read more in the Explanatory Notes on Remote participation in meetings of Members, shareholders and Members section.
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
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7 days (not including the day of submission)*Review
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from 0 EURCosts
* The statutory time limit for examining documents may be extended on the basis of Section 64, Paragraph two of the Administrative Procedure Law.
Documents to be submitted:
- application form B4;
- a reorganisation agreement or a duly certified copy if two or more existing associations participate in the reorganisation process;
- minutes of the meeting of members or an extract thereof;
- a receipt or a copy thereof, or a printout of an Internet bank payment, or information regarding payment of the State fee.
Only associations may participate in the reorganisation process, unless otherwise specified in the law.