FOUNDINGDOCUMENTS AMENDMENT REGISTRATIONIf a company operates in the market safely and successful, with the lapse of time surely there comes the moment when changes are in process in its “life”. For instance, the company has moved to another legal address or the owner does not like the name of the company and he wishes to change it, the company expands the scope of activities and appends new OKVED codes, branches/offices are opened or, on the contrary, closed. Any of these adjustments makes the company's account department facing the inevitable fact that alterations to the Founding documents must be make and recorded.
Amendatory processThe registration of alterations to the founding documents of LLC is carried out at the IFTS authority at the locality where the company is registered. However, the amendatory process only seems to be simple and prompt, in fact it includes a number of mandatory procedures:
- Drafting of minutes of general shareholders meeting, which records the founders intention to amend the Founding documents;
- Collection and submission of the necessary documentation to the formal authority with the prior payment of fee for the amendments registration to the founding documents;
- In case the legal due diligence is successful, the amendments are recorded;
- It is necessary to notify all the authorities for which the information regarding making amendments is important.