Company Duration Extension Process

Summary

In Italy, companies can extend their duration beyond the initially stated limit in their articles of association. This requires shareholder approval and formal registration with the business register. It is not mandatory to state the possibility of extension in the original statute, but doing so can provide clarity. Both joint stock companies (S.P.A.) and other types of companies can follow this process.

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If they only write in its original statuto “ durata fino al *- can they still legally extend?
Yes, under Italian law, a company can extend its duration beyond what is initially stated in its articles of association, even if the original statute simply states "durata fino al *." Here's how it works:
- Shareholder approval is necessary for any extension.
- The extension must be formally registered with the business register.
If you need more information on the procedural steps involved, feel free to ask!
Is it key to write” it can be extended following shareholder meeting”?
Under Italian law, it is not mandatory to include "it can be extended following shareholder meeting" in the original statute. However, clearly stating the possibility of extension can provide clarity and facilitate the process. Key steps include:
- Shareholder approval for any extension.
- Formal registration with the business register.
If you need more details on the procedural steps, just let me know!
So both can extend?
Case Rating: *
Yes, both companies can extend their duration beyond the initially stated limit in their articles of association. It's not mandatory to mention the possibility of extension in the original statute, but shareholder approval and registration with the business register are required to formalize the extension. If you need more information on the procedural steps, feel free to ask!
Company * under italian law (spa) joint stock company.. writes la durata della societa fino al *. Company * writes duration of company set until * and can be extended ! Both can extend right?
Case Rating: *
Yes, both Company * and Company * can extend their duration beyond the dates initially stated in their articles of association under Italian law. The key steps are:
- Shareholder approval for any extension.
- Formal registration with the business register.
If you have more questions about the process, feel free to ask!