What should companies pay attention to in merger and liquidation?
Mastering this information will be of great help to you in managing your company’s finances!
2021年11月21日
What should companies pay attention to in merger and liquidation?
Yongtuo fuxin accounting firm to take you to understand the general picture of bookkeeping agency
2021年11月21日
What should companies pay attention to in merger and liquidation?

What should companies pay attention to in merger and liquidation?

Some companies, at the stage of development, make decisions that are appropriate for the development of the enterprise. What should we pay attention to in the merger and liquidation of the company? Yongtuo Fuxin Accounting firm and you understand.

I. Merger and liquidation of the company — preparation of balance sheet and inventory of property

A company may be merged by absorption or new establishment; The parties to the merger shall sign a merger agreement and prepare a balance sheet and a list of assets.

Merger and liquidation of the company — announced in the newspaper within 30 days

The company shall notify the creditors within 10 days from the date of making the merger resolution, and make an announcement in a newspaper within 30 days.

Creditors may, within 30 days from the date of receiving the notice, or within 45 days from the date of public announcement if they do not receive the notice, demand that the company pay off its debts or provide corresponding security.

When a company absorbs another company, the absorbed company is dissolved. The merger of two or more companies to establish a new company is a new merger, and the merging parties shall be dissolved.

Merger and liquidation of the company — liquidation obligations and responsibilities

If there are any debts arising from economic disputes before the merger, the legal entity that accepts the company will assume the liabilities and also set up a liquidation group. After all, with great power comes great responsibility.

The members of the executive organs or decision-making organs of the legal person, such as the directors and directors, shall be the liquidation agents. Where there are other provisions in laws and administrative regulations, such provisions shall prevail. However, if the liquidation obligor fails to perform its liquidation obligation in time and causes damage, it shall bear civil liability; The competent authority or interested party may apply to the people’s court to appoint relevant personnel to form a liquidation group for liquidation.