The registration application must clearly specify the type of reorganisation, all companies involved and every requested register change. Its information must be consistent with the internal resolutions and the other reorganisation documents. The documents to be submitted depend on the restructuring and the companies involved. They regularly include the reorganisation resolution, the reorganisation plan and any required amended or new company documents. During the register review, the authorities check whether the application and documents meet the statutory and formal requirements for registration. Missing documents, unclear authority to represent a company or inconsistent company information may lead to objections. The change of legal form or the intended succession of a company generally takes effect for register purposes upon registration. The registration date must therefore be coordinated with operational, contractual and accounting implementation. After completion, the registered changes can be traced through the public register information. Depending on the type of reorganisation, the current register extract shows in particular the new legal form, the continuing legal entity or the registered company succession.
Registration of a Company Reorganisation in Georgia
Registration of a company reorganisation in Georgia links the application to the NAPR with the resolutions, the reorganisation plan and the amended company documents. A reorganisation requiring registration generally takes legal effect only when it is entered in the company register.
Tip
Registration is the legal switch-over point for a reorganisation that requires registration. The application, resolutions, plan and company documents must all show the same target structure. Operational, contractual and accounting changes should be coordinated with the actual registration date.