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The most important points of the Deed of Capital Reduction: Sworn Translation

The Deed of Capital Reduction is an important document that provides legal and financial implications for a business. It is therefore of great importance that this document is translated correctly and accurately. A sworn translation ensures that the translation is officially recognized and legally valid in both the original and target language.

Ecrivus Multimedia

Ecrivus Multimedia is a full-service translation agency specialized in sworn translations and apostillesWith a team of experienced translators and legal experts, Ecrivus Multimedia provides accurate and reliable translations of legal and financial documents, including the Deed of Capital Reduction.

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Languages in which translations are offered:

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Conclusion

The Deed of Capital Reduction is an important document that requires accurate and reliable translation. Ecrivus Multimedia offers professional sworn translations of legal and financial documents in various languages. With an experienced team of translators and legal experts, they provide high-quality translations that meet all legal requirements.

Frequently asked questions

What is a sworn translation?

A sworn translation is a translation that includes a statement from the translator in which he declares that the translation is an accurate and faithful representation of the original document. The translation is then provided with an official stamp and signature of the sworn translator.

How long does it take to have a certified translation made?

The time it takes for a sworn translation to have made can vary depending on the length and complexity of the document. In most cases, a sworn translation be completed within a few days.

Are sworn translations legally valid abroad?

Yes, sworn translations are legally valid in both the country of origin and the target language and are recognized by authorities and institutions.

The Deed of Capital Reduction is a document prepared by a company to reduce the capital of the company. This deed must be approved by the general meeting of shareholders and filed with the competent authorities. The purpose of a capital reduction can have different reasons, such as returning excess capital to the shareholders or restructuring the financial situation of the company.

One of the most important points of the Deed of Capital Reduction is the indication of the amount by which the capital is reduced. This amount must be determined accurately and may not exceed the legally permitted maximum. In addition, the deed it must be stated how this amount will be distributed among the shareholders and in what manner this will be done, for example in the form of a dividend payment or a purchasing of own shares.

Another important point to note in the Deed of Capital Reduction must be included, is the reason for the capital reduction. This could be, for example, because the company has built up excess capital that is not being used efficiently, or because the company financial is having problems and needs to reduce its capital to meet its obligations.

In addition, the Deed of Capital Reduction states which procedures must be followed to carry out the capital reduction. This may include, for example, that the deed must be filed with the competent authorities, that shareholders must be informed of the capital reduction and that any creditors permission must give for the capital reduction.

It must also be in the Deed of Capital Reduction, the consequences of the capital reduction for the shareholders and creditors of the company are included. For example, the capital reduction may lead to a decrease in the value of the company's shares or to a restructuring of the company's debts.

Another important point of the Deed of Capital Reduction is the date on which the capital reduction is implemented. This date must be determined accurately and may not conflict with the statutory provisions applicable to capital reductions. In addition, the deed states the steps that must be taken to actually implement the capital reduction, such as informing shareholders and making the necessary accounting adjustments.

Finally, in the Deed of Capital Reduction states which organs of the company are responsible for carrying out the capital reduction and what steps must be taken to ensure that the capital reduction is legally valid. This may include, for example, that the deed must be approved by the company's board of directors and that the shareholders must to agree with the capital reduction.

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