The GNS withdraws the bill on subsidiary liability of founders of LLCs
According to current legislation, participants in limited liability companies (LLC) bear the risk of losses only within the limits of their contributions to the authorized capital and, as a rule, are not liable for the company's obligations with their personal property. This legal regulation was created to support entrepreneurship and promote business development.
Nevertheless, the authorities noted that such a situation sometimes leads to the use of this organizational and legal form by unscrupulous individuals to evade obligations to the state, creditors, or counterparties. In this regard, it was proposed to amend the legislation to introduce personal liability for the founders of LLCs for the tax debts of companies. However, this proposal sparked widespread public discussion and criticism from the business community.
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