10Aug
Legal Alert on Negative Net Assets
The general rule is that starting with the second financial year the net assets shall always be higher than, or equal to, the company’s share capital. If, at the end of the second and each subsequent financial year of the company’s activity, net assets become less than the charter capital, the company will have to […]
- Posted by Awara
- On August 10, 2009
- 0 Comments Read More