What to do with negative share capital?

The Estonian Commercial Code states that it needs to be raised.

If a private limited company has less than half of its share capital or less than the amount of share capital specified in § 136 of this Code or the other minimum amount of share capital provided by the law, the shareholders shall decide:

1) Reduction or increase of share capital

2) The dissolution, merger, division or transformation of a private limited company

3) Submission of a bankruptcy petition

We can help with the terminal liquidation process.

Please take a closer look at our respective service:

Company termination

Categories: Accounting, Company liquitation
Tags: Accounting, Commercial Code, Estonia, Share Capital
Did you find this FAQ helpful?
Thumbs Up Icon 4
Thumbs Down Icon 0