How to reduce the authorized capital of LLC

The reduction of the authorized capital of the company is possible on the personal initiative of its participants, as well as in some cases regulated by the legislation on the LLC. The authorized capital of a company is property or cash, by which the participants in the LLC are liable for obligations to creditors.

You will need

• - The decision of the meeting of the founders to reduce the authorized capital;

• - extract from the register;

• - passports of founders;

• - certificate of state registration of a legal entity;

• - TIN / PPC.

Instruction manual

1

The decision to change the authorized capital in the direction of reduction can only be made at a general meeting of the founders. If the company has one member, then by its sole decision.

2

Put on the agenda of the meeting to reduce the amount of capital such issues as actually reducing the amount of the authorized capital, changing the size of the shares, changing the nominal value of the shares, approving the changes to the charter of the company, and informing the creditors of the company about reducing the size of the managing company.

3

Notify the creditors of the company no later than within 30 days after the decision to change the amount of the authorized capital at the meeting of the founders. The notification can be sent by mail or delivered personally by signature. You will need copies of these documents during state registration of the reduction of the authorized capital.

4

Post information about the changes in the "State Registration Bulletin". The text of the message must include: name of the legal entity, PSRN, TIN / KPP, legal address, date of the decision and the body that made it, as well as the new size of the authorized capital after reduction.

5

Documents for state registration of changes you must submit to the tax office within a month after the last notification is sent to creditors. All changes become effective for third parties only from the moment of their state registration.

6

For state registration of changes in the authorized capital and the new edition of the charter, you need to submit the following copies of documents to the registering authority: certificate of registration with the tax authority, certificate of registration of a legal entity, data on the new size of the authorized capital, constituent documents, copies of passports of all founders, CEO and chief accountant, extract from the register, copies of personal TIN of the director and founders.

note

In connection with the changes introduced by the Federal Law of July 18, 2011 No. 228, it is necessary to inform the registration authority about the decision to reduce the authorized capital within 3 business days. You also need to publish a notice on the reduction of the authorized capital 2 times with a frequency of once a month, i.e. 2 months in a row.

Useful advice

It is impossible to reduce the authorized capital if, as a result, its amount is less than 10, 000 rubles.

how to reduce the authorized capital in llc with