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Glossary

Glossary

Division of the company

We can distinguish several ways of division of companies:

1) the formation of new companies - a company ceases to exist, its assets are transferred to the acquiring company and its shareholders become shareholders of the successor company (A canceled> formation of B and C) only the cancelled company is concerned

2) the division by merger - company ceases to exist and is divided, and these parts passes to other existing companies (A canceled and divided into two or more parts> parts will be merged into existing companies B and C) merging and acquiring companies are involved

3) a combination - being acquired and the acquiring company must have the same form

Company establishment

ARSY line - creation of websites and e-shops