How to join the LLC
Table of contents:
- Step 1. Adoption of an accession order
- Step 2: Notify the tax authorities
- Step 3: Reorganization Records
- Step 4: Publish
- Step 5: Alert Lenders
- Step 6: Antitrust Authority
- Step 7: Inventory
- Step 8: drafting a deed of transfer
- Step 9: Approval of the Transfer Act
- Step 10: register changes
- Step 11: The Final Stage
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Video: How to Add a Member to an LLC - All Up In Yo' Business 2024, July
Joining an LLC is one of the types of reorganization of enterprises, as a result of which the first enterprise ceases to exist, and the second receives all the duties and rights of the first. This process can be divided into several consecutive steps.
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Step 1. Adoption of an accession order
A decision on accession is made by holding a meeting. First, a meeting of participants of the first and second organizations is held separately, issues of reorganization are discussed, then participants of individual enterprises sit together. After that, the actual registration of the decision takes place.
Step 2: Notify the tax authorities
The tax authorities in whose territory the companies involved in the reorganization are located are notified in writing of one company joining another.
Step 3: Reorganization Records
Making entries in the Unified State Register of Legal Entities that the first and second organizations are in the process of joining.
Step 4: Publish
The first publication in the journal "Bulletin of State Registration". This procedure is repeated twice with a period of 1 time per month.
Step 5: Alert Lenders
Each organization notifies lenders of changes in their work. Since the recording takes place upon presentation of documents on the notification of creditors.
Step 6: Antitrust Authority
One of the important stages is obtaining consent to join the first organization to the second.
Step 7: Inventory
Implementation of inventory in both companies.
Step 8: drafting a deed of transfer
All data on the first organization is used in the preparation of the act on the transfer of its obligations to the second. After drawing up this act and constituent documents are provided for state registration of changes. Which are entered in the documents of the second organization.
Step 9: Approval of the Transfer Act
The act of transferring the rights and obligations of the first organization to the second is approved in the process of holding a general meeting between all participants in the case.
Step 10: register changes
The existence of the first organization and changes in the constituent documents of the second organization are subject to state registration in the Unified State Register of Legal Entities.