The Right of a Participant to Withdraw from an LLC under the New Rules

What Will Change as of July 1, 2027?

The legislature is introducing significant changes to the procedure for exercising a participant’s right to withdraw from a limited liability company (LLC) or additional liability company (ALC). As of July 1, 2027, a notice of withdrawal will no longer be revocable, while the effective date of withdrawal will be unified for the company, its participants, and third parties.

This article outlines the key changes and highlights the practical considerations that companies and their participants should take into account now.

March 31: The Key Corporate Deadline of the Year

Spring Corporate Check-Up: Annual General Meeting of Participants

March 31 is the key corporate deadline of the year. It is the perfect time to assess the “health” of your business and address mandatory governance matters.

Why is the annual general meeting of participants held? Which issues must obligatory be included on the agenda? The TOP-5 risks in preparing and conducting the meeting. Legal consequences of failing to hold the meeting.

Read about this and more in our publication.

Spin-off as a form of reorganization: an action plan and case studies

On October 31, Nadezhda Znak, Partner at Borovtsov & Salei, participated as a speaker and expert in the online event "Reorganization of Legal Entities: Updates, Action Plan, Forms, and Case Studies.”

The discussion addressed the question: How can errors be avoided and risks mitigated in the course of a spin-off reorganization?