Corporate
What ongoing obligations must shareholders or
managing directors observe?
Once the company has been founded, the phase of active management begins. During this time, there are numerous legal obligations that must be observed. These include proper accounting and fulfilling reporting and disclosure obligations. Our lawyers specializing in corporate law will support you in meeting these obligations and ensuring that your day-to-day business operations are legally compliant.
Summary
- When must shareholder meetings be convened?
- How must the annual financial statements be prepared and disclosed ?
- What are the obligations with regard to accounting and record keeping?
- What reporting obligations exist with regard to the commercial register ?
- How can you ensure that your company complies with applicable law ?
How must the annual financial statements be prepared and disclosed ?
Depending on the company’s legal form and size, different deadlines and requirements apply to the necessary disclosure content. In some cases, disclosure requirements stipulate that not all content from annual financial statements must be published. In France, small companies can apply for “confidentiality” (confidentialité) for their annual financial statements filed with the registry court. Our lawyers specializing in corporate law will advise and assist you with disclosures in accordance with the law.
What are the obligations with regard to accounting and record keeping?
Companies are required to maintain accurate accounting records. They must also retain relevant documents for certain periods of time. These requirements are based on applicable tax and commercial laws. Our lawyers specializing in corporate law will coordinate these requirements with your tax advisors.
What reporting obligations exist with regard to the commercial register ?
Companies entered in the commercial register must generally report relevant changes promptly. This may particularly be the case for changes in powers of representation, changes in the registered office or business address, and changes in the shareholder structure. Amendments to the articles of association, capital increases, and capital reductions are also generally subject to registration. Our lawyers specializing in corporate law ensure that all entries are made properly and within the prescribed time limits.
How can you ensure that your company complies with applicable law ?
Through internal compliance structures and regular consultation with our law firm, risks can be identified at an early stage. Our lawyers specializing in corporate law will develop a customized long-term compliance plan for your company and keep you informed about new legal developments.
You have any other questions ?
Please feel free to ask them directly here.