S.A. company acts and details subject to publicity
At the time of the company’s incorporation, statutory provisions have to be published regarding the following matters:
1) Company name
2) Registered seat
3) Corporate object
4) Company’s duration,
5) The amount of the share capital and manner of its contribution (cash or contributions in kind)
6) Shares (number, type of shares and nominal value)
7) Corporate financial year (beginning-end)
8) Regular auditors (if any)
9) Complete information (identification data) of the Members of Board of Directors and information regarding the company’s representation.
The following information has to be published during the company’s opperation:
Each year:
1) The annual financial statements (balance sheet, income statement, income appropriation account and Notes).
2) The invitation for each General Assembly (date, place, agenda).
At any time:
1) Decisions for the amendment of statutory provisions as well as the new statutory text as amended.
2) Appointment and termination of Board of Directors members, representatives and (regular) auditors of the company, as well as the identification data of the above persons.
3) Any decision to increase or decrease the share capital (mentioning the new capital, the number and type of shares that are being issued, their nominal value, the terms of their issuance and the total number of the company shares).
4) Any Board of Directors meetings which certify the payment of share capital (either upon incorporation or after each increase).
5) Conversion to another company type
6) Merger with another company
7) Company’s division