The latest amendments to the Euro Introduction Act extend the deadline for updating company documents from 12 to 36 months, until 31 December 2028.
What does this mean for companies?
- Automatic conversion in the Commercial Register does not amend the company agreement, deed of incorporation or articles of association.
- These documents must be updated so that the capital and nominal values are expressed in euros.
- The obligation to submit the updated document with the next application is removed; submission is required only where prescribed by law.
Key points
- The deadline is 31 December 2028.
- No state fee is payable for publishing the updated document.
- The company must correct arithmetic discrepancies between nominal values and the automatically converted capital.
