Dividend distribution regulation under New Law on Entrepreneurs!
Webinar series by KPMG Law Georgia, Session 2
Webinar series by KPMG Law Georgia, Session 2
Details
Date & time: Monday, 3 July, 2023 from 4:00 PM till 6 PM
Language: Georgian
Length: 120 minutes
Program
In-depth analysis of practical matters and other key provisions outlined in the new law on entrepreneurs. The meeting will cover crucial aspects resulting from the new law, including:
- Dividend distribution procedure: requirement of financial reports, management proposal and solvency statement
- Dividend distribution prohibitions: balance test and liquidity tests for LLCs and JSCs
- Legal consequences for breaching new regulations: liability of shareholders and directors
Speaker
Jaba Gvelebiani
