Under the Accounting Act, enterprises are required to publish their annual financial statements, the consolidated financial statements and the annual reports adopted by the general meeting of the shareholders (or sole shareholder) or the shareholders as follows:
-by all traders within the meaning of the Commercial Act - till 30 of September for the previous year by means of an application for announcement in TRRNPLE to RA;
-of NPLE’S with public benefit status -till 30 of September for the previous year by means of an application for announcement in TRRNPLE to RA;
In this respect, it should be taken into account the obligation for enterprises that did not operate during the reporting period to submit a Declaration till 30.06, under art 38 para 9 p.2a from AA, that they did not carry out activity during the reporting period.
State fee to TRRNPLE for the submission of this Declaration is not due, as well for Annual reports announcement. The declaration may be filed solely by the Manager (representative) of the Company or by an attorney expressly authorized for that purpose. The accountant is excluded from the rightful persons to file a declaration of lack of accounting activity. The latter has rights, with a power of attorney certified by a notary, to submit for publication the Annual Financial Report created by him.
As of 30.12.2019 there is a official template of the Declaration, which should be filed one time, not yearly, if it is already submitted and if the Company continue to be non-active.
The statement is current to date 01.03.2023