AKMV Changes in Legal Form
QUESTION
Hello, I would like to inquire whether it is possible to convert a limited liability company into a cooperative. What requirements must be fulfilled in such a case?
ANSWER:
Hello,
- A draft project for the change of legal form must be prepared.
- The draft project is prepared by the statutory body of the company.
- The draft project must include:
- The company’s business name, registered office, and identification number before the change,
- The new legal form and business name after the change,
- The shareholding structure or contributions of partners after the change,
- The identity of persons who will serve as statutory bodies or members thereof,
- The identity of supervisory board members (if applicable).
- The draft project for the change of legal form must be accompanied by the proposed articles of association and the proposed bylaws of the company after the transformation.
- The provisions of § 14 apply accordingly to the cancellation of an approved project for the change of legal form.
JUDr. Veronika Michalíková, MBA