Selling share capital of an Public joint-stock company (ПАО) in Russia
In Russia, the decision to sell share capital in a Public joint-stock company is significant as it influences the ownership structure, financial health, and future activities of the company. Whether the goal is to attract capital, introduce new partners, or change ownership, it is essential to understand the legal and regulatory environment. Our expert team offers the support required to make sure that the sale of share capital in your Public joint-stock company adheres to Russian laws and aligns with your business goals.
Process of selling share capital in a Public joint-stock company
The process of selling shares in your Russia Public joint-stock company consists of several steps aimed at ensuring the transaction adheres to legal and regulatory requirements. Our team of legal and financial specialists will assist you at every step, offering tailored support to facilitate a seamless and compliant experience.
Evaluating the sale of shares
Prior to selling shares, it is crucial to evaluate your company’s existing financial position and the possible effects of the sale. Our team of accountants and advisors will help you analyze your equity structure as well as the advantages and disadvantages tied to selling share capital. We collaborate with you to identify the most appropriate strategy for achieving your company’s financial and ownership objectives.
Legal compliance and regulatory requirements
Russia has particular rules regarding the sale of shares in a Public joint-stock company. Our legal specialists ensure that your transaction complies with all applicable laws and regulatory standards. We will assist you throughout the legal process to ensure complete adherence, covering everything from shareholder approvals to contract drafting.
Shareholder communication and consent
Typically, gaining the approval of current shareholders is necessary when it comes to selling share capital. We assist in navigating this process by creating effective communication strategies, informing shareholders about the intended sale, and promoting open discussions. Our aim is to uphold shareholder confidence and ensure a seamless decision-making experience.
Shareholder meetings and resolutions
Schedule meetings with shareholders to secure their consent for the sale of shares. Our team will help you coordinate and oversee the shareholder meeting, prepare essential documents like resolutions, and make sure that all procedural obligations are met according to Russian corporate law.
Documentation for share sale
Selling shares in a Public joint-stock company necessitates thorough preparation of legal documents such as the share purchase agreement, revised articles of association, and resolutions. Our legal professionals will create and assess all required documents to ensure they are legally valid and compliant with Russian corporate regulations.
Filing and registration
Once the sale is completed, it is important to register the transaction with the relevant Russian authorities. We take care of submitting the necessary documents to guarantee that your transaction is registered correctly and in a timely manner, helping you prevent possible delays or legal issues.
Implementation and compliance monitoring
After the sale is finalized, we offer continuous support to guarantee adherence to the new ownership framework and financial regulations. Our team will help you oversee the transition, update company records, and ensure compliance with regulations during the period following the sale.
Methods for selling share capital
Multiple approaches exist for selling share capital in a Russian public joint-stock company. Our legal and financial professionals can assist you in choosing the best method tailored to your company’s requirements.
Direct sale of shares
A simple sale of shares entails the transfer of ownership between shareholders. Our legal and financial experts help in creating the required agreements, ensuring adherence to regulations, and smoothly managing the transaction.
Partial share sale
Should you decide to sell only a portion of your shareholding, we will assist you throughout the process of a partial share sale, offering our expertise in drafting contracts that align with your objectives and facilitating a seamless transaction.
Sale to existing shareholders
In numerous situations, current shareholders could possess the right of first refusal for acquiring shares in a public joint-stock company. We help you understand shareholder agreements and oversee the sales process with existing shareholders, making sure that all rights and responsibilities are upheld.
Sale to third parties
When selling shares to an outside entity, there are extra factors to take into account, such as due diligence and regulatory approvals. Our team assists you in navigating the complexities of selling shares to third parties by conducting comprehensive due diligence, drafting contracts, and making sure that all legal and financial requirements are fulfilled.
Tax implications and financial considerations
The sale of share capital can impact taxes for both the seller and the buyer. Our team of accountants and financial specialists will guide you regarding the tax implications of the transaction, assisting you in maximizing the financial benefits of the sale. We make sure that all required submissions are completed and that the sale is organized in a way that minimizes tax liability.
Contact us for professional assistance
If you are thinking about selling share capital in your Russia Public joint-stock company, contact our team of skilled legal and financial experts. We provide extensive support throughout the entire process, including initial planning, obtaining shareholder approvals, and final registration and compliance. With our knowledgeable assistance, you can confidently sell your shares, ensuring a smooth, legally compliant, and financially advantageous transaction.