Therefore, we would like to remind that Financial Statements
shall be:
- prepared and confirmed by the General Meeting of Shareholders
in 4 months after the end of the financial years;
- submitted to the Register of Legal Entities in 30 days
after the confirmation of the General Meeting of Shareholders.
When the financial year is identical to a calendar
year the Company shall submit the Financial Statements to the Register of Legal
Entities
till 31 May.
We would like to notify that an obligation to submit
the Financial Statements is set for the General Manager or other persons
indicated in the legal acts or establishment documents. If these obligations are not fulfilled, the consequences established by legal acts arise:
- the fine in the amount from EUR 200 to EUR
3 000 may be applied (Article 223 Paragraph 2 of the Code of
Administrative Offences);
- the General Manager shall compensate all the damage
suffered by the Company and (or) other persons (Article 28 of the Law on
Financial accountability of the Companies of the Republic of Lithuania). This
provision is applicable to the preparation of the Company’s Management Reports
of the accounting period starting on 1 January 2017 or later.
16.06.17
