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When the net assets less statutory capital 21.09.2018 04:49

   The Russian Ministry of economic development has offered to cancel the rule providing for the Elimination of joint stock companies (JSC) and companies with limited liability company (LLC) with the decrease of the net asset value below the value of the share capital. A bill amending the first part and the second of the Civil Code also eliminates the obligation to register in the case of a reduction of the Charter capital of a company's net assets value decrease.


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