Task 1.

The founders of a Joint - Stock company announced the signed fixed capital in the amount of 30000 EUR. How much money do they have to deposit in the fixed capital prior the registration in the commercial register? Is it possible to pay the remaining part of the capital in assets?

Task 2.

OOO (Ltd) has:

a. fixed capital - 30000 EUR

b. rezerve - 20000 EUR

c. retained profit - 10000 EUR

d. creditor , OOO participant, who has not received dividends - 40000 EUR

There are three participants in the OOO. Each has 10000 EUR in the fixed capital.

The participants want to increase the fixed capital to the maximum amount.

Answer the following questions:

1. To what amount and by which means it can be done?

1. Is the company obliged to inform creditors about the decision to increase the fixed capital?

1. Is it possible (if "yes"- by which means) to fulfill the desire of the participants to leave the same ratio of shares in the capital and votes at the meeting?

Task 3.

The fixed capital of the limited liability company is 20000 EUR. The revaluation reserve of the long-term investments is 10000 EUR. There are no other reserves. Instead of profit there are losses in the amount of 12000 EUR. Is it possible to pay dividends to the founder?

Task 4.

The fixed capital of the JSC is 40000 EUR. There are no reserves. Instead of profit there are losses in the amount of 5000 EUR. One of the shareholders wishes to withdraw and receive the nominal value of the share (1000 EUR). Is it possible for the company to reduce the fixed capital and pay this amount with the consent of the creditors?

Task 5.

Who should assess the material contribution in the fixed capital of a limited liability company, if the signed capital is 3000 EUR, where 2000 EUR is money and the rest - property?

Task 6.

Anna Ozolina - a natural person - is the owner of SIA Gardums", which includes a caf Saldumi" and a store Dabas labumi". Which of the names is a firm and which is the name of the company? Is Anna obliged to regis ter all the names in the commercial register? Justify your answer.

Task 7.

JSC RDZ-2" announced the subscription on the new emission of shares. 2000 shares are offered for sale, the nominal value of a share is 125 EUR. You are buying one share. What is the minimum amount of money you must pay when subscribing to the share? Justify your answer.

Task 8.

JSC earned a profit in the amount of 5000 EUR. It is decided to pay dividends. There are privileged shareholders in the company, who were promised 10% of nominal value of a 100 EUR share (20 shareholders, each of them has 1 share). Other 10 shareholders are non-privileged. The nominal value of non-privileged shares is 1000 EUR, the number of shares - 50 (5 shares for each non-privileged shareholder). Calculate dividends for each shareholder. Justify your answer.

Task 9.

There are 100 shareholders in the JSC: 10 of them areprivileged, 10 - have staff shares. The nominal value of a share is 1000 EUR for all shareholders. There are 10 regular shareholders, all provileged shareholders and all staff shares' holders at the meeting. Can the meeting be started? If the answer is "yes", will the decision be accepted, if only 6 regular shareholders voted for it?

Task 10.

SIA Avoti" and a natural person Imants Lapi want to establish a joint stock company. The signed fixed capital of the JSC is 200000 EUR. Imants Lapi wants to deposit his share in the amount of 10000 EUR in the form of property prior the registration in the commercial register. What is the minimal amount of fixed capitalwhich is to be paid prior the registration in the commercial register? What are the options to deposit fixed capital in the form of property?