In accordance with Russian legislation, the net profit received by an enterprise as a result of its financial and economic activities can be distributed among the participants of this legal entity, or it can remain at the disposal of the organization (for financing capital investments, payments of a social nature, etc.).
Instructions
Step 1
When distributing the profit of an enterprise, it can be used for the following purposes: - payment of dividends to the members of the company, - creation of a reserve or other fund, - increase in the authorized capital. All shareholders of the company have the right to participate in the distribution of profits.
Step 2
Please note that profits are distributed among the participants based on the decision of the general meeting of shareholders, which can be adopted once a year, six months or quarterly. But at the same time, the legislation provides for prohibitions on the distribution of profits in some cases: - if the authorized capital is not fully paid, - if the actual values of the participants' shares that give the right to receive such payments have not been paid, - if the company has signs of financial insolvency, - if the cost net assets below the value of the authorized capital or reserve fund. As soon as these circumstances are eliminated, the profit can be distributed among the participants.
Step 3
At the expense of net profit, you can create or increase the funds of the enterprise. At the same time, there are no restrictions on the order of formation and the size of the reserve and other funds.
Step 4
In addition, you can use the profit to increase the authorized capital. However, this operation is carried out only after full payment. The authorized capital cannot be increased by more than the difference between the value of net assets and the amount of the authorized capital and the company's reserve fund. At the same time, the growth of the authorized capital leads to a proportional increase in the value of the shares of all its participants.
Step 5
You can use the net profit of the current year to pay off losses of previous years, implement social expenses, and pay additional bonuses to employees. The amount of these payments is not limited by law and is approved by the general meeting of shareholders.
