Circular to customers of our Company Law Department | Closing of Financial Statements to 12.31.2019.
Circular to customers | Company Law Department | Closing of Financial Statements to 12.31.2019
Dear Sir or Madam:
The General Company Law sets forth that the Shareholders Meeting that considers the fiscal year’s financial statements must be summoned by the Management within four months after the closing of such fiscal year (Section 234).
Therefore, we kindly ask you to send us a draft of the financial statements for the fiscal year ended December 31st, 2019 (Acronym in Spanish: “EECC”) in order to assist you in the drafting of the notes of the financial statements of legal importance, the Annual Report and the Auditor’s Report; and further allow us in the drafting of the documents necessary for the shareholders meeting to be held and other paperwork to be carried out before the General Inspection of Corporations.
If the bookkeeping is carried out through the accounting books mechanism “medios mecánicos” according to what is established in Section 61 of the General Company Law, it must be noted that Section 335, subsections I and II of the General Inspection of Corporation’s Resolution (G) 7/2015 must be complied with.
Please, do not hesitate to contact us should you require any further information on this matter.
Sincerely,
Fernanda Mierez
Miguel C. Remmer