Depositing funds to the settlement account of an LLC under a loan agreement is a convenient way to replenish the working capital of an enterprise, which does not require an increase in the authorized capital and related formalities. To write off this debt, the founder and the LLC must enter into an agreement. The founder sends a letter to the firm stating that the debt has been forgiven.
It is necessary
- - loan agreement between the founder and the LLC;
- - agreement on loan forgiveness between the founder and the LLC.
Instructions
Step 1
Prepare the text of the agreement. Indicate in the first part the parties who concluded it (the founder-lender and the borrowing company represented by its manager or other authorized representative), and the documents on the basis of which the parties act.
Step 2
Include at least two clauses in the section on the subject of the agreement. The first one should contain information about the loan forgiveness, the amount of the forgiven debt and the output data of the agreement on the basis of which the loan was granted (agreement number such and such from such and such a date). If necessary, include in the text additional conditions on the basis of which the debt is forgiven in the same paragraph or separately.
Step 3
Specify in the second paragraph the date of entry into force of the agreement: for example, from the moment of signing the document. Or designate a specific date.
Step 4
Sign the agreement. The founder signs for himself, the signature on the part of the LLC is put by the general director (director, president or other first person with the right to sign without a power of attorney) or another person with the appropriate power of attorney.
Step 5
If the founder, who forgives the enterprise a debt, is at the same time the first person of the company, he puts his signature on both sides: both on his own behalf and on behalf of the company.
Step 6
Transfer the signed agreement or letter to the accounting department or a third-party organization providing accounting services to your company.
