Company Law
Our attorneys assist you at issues relating to Company Law whether it is the problem of a sole trader, a partnership company or a company limited by shares.
You may need legal assistance as an owner of an enterprise, as a general manager or as a member of the board of directors. Especially the organs, which are responsible for the administration in companies, the general manager or the board of directors, have the duty and the interest to try to prejudge the problems and to be prepared to them in advance.
We assist you in all questions relating to business activity. Our services include drafting different required documents when a company is founded and sending these documents to the trade register. With our cooperative partners we can also assist you to find an auditor or an accountant.
Besides the charter of foundation many other important contracts are needed when a company is established. We assist your company in general contractual issues e.g. those relating to the Labour Law or lease contracts.
Decision making and responsibilities in business activity
By the main rule a shareholder is not personally responsible for the commitments or the obligations due to the actions of the company just on the basis of her/his ownership.
The board of directors and the general manager are the organs responsible for arranging the routine administration of the company. Their responsibilities and authorization is precisely stipulated. As a counterbalance to the relatively vast authority there is a strict liability for the legality of the decisions and procedures made by the general manager and the board of directors. These organs can also become responsible for damages of their company or the contracting party if they have acted carelessly.
In several cases where the decision-making belongs to the authority of the shareholders general meeting the Companies Act stipulates the procedures. The preparation of these decisions belongs to the duties and responsibility of the general manager and the board of directors. They have to be aware of the proper decision-making order that the law presumes for different corporate procedures.
A careful preparation of the decisions relating to the Company Law and drafting the records and documents of the company with the assistance of an attorney is always reasonable anticipation. Careful anticipatory preparation of the decisions and the documents of the company with the help of legal experts can also often save costs. Repairing the inaccurate, wrongly drafted contracts or decisions afterwards can be considerably more expensive than the anticipatory accurate planning.
Mergers and Acquisitions and the distribution of profits
Our attorneys assist you and your company in different arrangements in developing business activity. Different arrangements in business trade such as the sale of business and different acquisitions are a popular way or expanding the activity of the company. In these processes the assistance of a legal expert is reasonable. Careful anticipatory planning and risk management in mergers and acquisitions is the surest way to avoid the surprises and damages due to carelessness.
Mergers, dividing companies and purchasing the own shares of a company are all arrangements where with the help of careful tax planning profits can be steered advantageously to the owners of the company than in other situations. Also other arrangements such as secondary offerings should be precisely planned with the help of an attorney.
In different arrangements concerning your company we also consult our cooperative companions which are professionals in auditing and whose expertise is in your use in questions relating to taxation and financial administration. In this way we can make sure that the most profitable and advantageous taxation option is chosen for the planned action.
Disclaimer: These pages are meant for informative purposes only. The information presented on this website does not constitute legal advice or any other opinions and they should not be taken as such advice. We do not take any responsibility for the measures which are taken on the basis of the information shown on these pages. We must point out that a client-attorney relationship presumes a contract between you and our office. For example sending e-mail to us does not constitute a client-attorney relationship.
