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Approval of the annual financial statements of commercial companies: time for your AGMs!
Like an anniversary, the approval of annual financial statements is a yearly ritual for commercial companies.
So, as we approach the Annual General Meeting, we thought it would be useful to highlight a number of concrete and practical aspects that all shareholders and partners should bear in mind to ensure that the procedure for approving the annual financial statements runs smoothly.
Our enclosed memorandum provides you with a summary of the relevant legal provisions and our expertise in this area, from convening an AGM, shareholders' or partners' right to information, allocation of annual earnings, legal formalities to be completed to the most common penalties incurred in the event of non-compliance with the law.
Time for your AGMs!