When must a Swedish limited company draw up a balance sheet for liquidation purposes?
The board must immediately draw up a control balance sheet, and have the auditor review it, when there is reason to assume that the company's equity is less than half of the registered share capital, and also when enforcement finds no attachable assets. If the balance sheet shows equity below half, the board must call a first control general meeting. If the board delays, its members may become personally liable for obligations arising thereafter.
Source
- Reference
- Companies Act (2005:551) chapter 25 sections 13 to 18
- Acts
- ABL
- Area
- Company law, tax and finance
- Read date
- 2026-09-09
Acts the answer rests on
- ABL · SFS 2005:551
- Swedish Companies Registration Office
Other acts in the same area
- Penningtvättslagen · SFS 2017:630
- LVM · SFS 2007:528
- Marknadsmissbrukslagen · SFS 2016:1306
- Betaltjänstlagen · SFS 2010:751
- ÅRL · SFS 1995:1554
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