How to identify a big deal

A major transaction in accordance with Russian law is a transaction or several transactions related to the acquisition or disposal of property. Large transactions are defined differently depending on the legal form of legal entities.

Instruction manual

1

A major transaction for a limited liability company (LLC) is considered to be a transaction related to the acquisition, disposal or possible disposal of property, the value of which is 25% or more of the value of the organization’s property, determined on the basis of financial statements, unless the charter of the company provides for a higher threshold for a big deal.

2

For a joint-stock company (JSC), a major transaction is the transaction related to the disposal or acquisition of property (pledging, obtaining a loan or a loan), the value of which exceeds 25% of the book value of the company's assets. Please note that the main difference between large transactions for LLCs and AOs is that in the first case, a major transaction is 25% of the value of the property, and in the second, the value of assets.

3

If you need to determine whether a major transaction is for a state or municipal unitary enterprise, then consider that for such organizations this is a transaction related to the acquisition or disposal of property, the value of which is more than 10% of its authorized capital or more than 50 thousand. times exceeds the minimum wage established by law. In this case, the value of the alienated property is determined on the basis of accounting data, and the acquired property is determined on the basis of market prices.

4

For state and municipal institutions, a major transaction is the disposal of funds, the alienation of other property, which the budgetary institution has the right to manage, pledging or using it, provided that the size of such a transaction exceeds 10% of the book value of the institution's assets. Carrying amount is determined on the basis of financial statements.