Merger of companies

Societies

What is it?

There will be a merger when one or more companies dissolve, without liquidating, to be absorbed by another or to create a new one. The opposite phenomenon is splitting or division.

FAQs

Merger of companies

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1. Why does a company merge with other?

In most cases, several small companies come together to compete against a larger one in their same sector.
2. What types of company merge exist?

By absorption: occurs when a company takes from one or more dissolved companies all their assets, liabilities, rights and obligations and incorporates them to their own. By transfusion: when two companies come together to create a new one.

Requirements

Citizenship card of the legal representatives involved.
Commerce Chamber certificates of existence and legal representation.
Meeting minutes where the will to merge is established.
Balances and consolidated finance reports.

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