Property of the Company

Initially, the property of the enterprise is created at the expense of property, which is transferred to it by the founders (contributions, shares, contributions). The property increases in the course of economic and production activities. It can act as an object of various economic and legal transactions, pledged, alienated, etc.

In most cases, the property of the enterprise is separate from the property of persons acting as its founders, participants or employees. On its debts the enterprise is obliged to answer with its property. It can be addressed by various lawsuits of creditors, partners in cases of non-fulfillment of certain obligations that the undertaking undertook.

The property of the enterprise is the entire property complex used in the course of carrying out economic entrepreneurial activities. In general, the enterprise is recognized as a property complex. It includes all types of property that are intended to carry out its activities. It includes land plots, buildings, raw materials, equipment, inventory, claims, products, debts, rights to designations of the enterprise and its products (firm name, service marks, trademarks), as well as other exclusive rights.

The property of the enterprise and its composition are defined as follows. It is subdivided into immovable and movable. It can be owned by an enterprise, managed or managed.

The company's real estate is subsoil plots, land plots, water objects, as well as everything connected with the land (that is, objects that can not be moved without disproportionate damage to their main purpose, including perennial plantations, buildings, forests, structures). To the same group of assets are state-registered space objects, ships, sea, air, inland navigation.

Movable property of the enterprise is all property that does not fall under the first group. This includes money, securities. These objects do not require registration of rights, except for cases stipulated in the law.

The income received by the enterprise as a result of the use of the property in its ownership belongs to the enterprise, unless otherwise prescribed by law.

Transactions of legal entities on alienation of property can be made only in writing signed by the persons making these transactions.

All property of the enterprise, which is reflected in the balance sheet, is divided into the following types : fixed assets and intangible assets, profit (loss), capital and financial investments, materials, future expenses, finished goods, capital and reserves, work in progress, raw materials, calculations With debtors and creditors.

In the event that an enterprise becomes bankrupt, the property may be used by law to satisfy claims and claims of creditors. After that, the remaining property can be transferred to the founders or participants who have real or mandatory rights to it.

To survive and prevent bankruptcy, you need to know how to competently manage the assets of the enterprise, what proportion should be made up of own funds and borrowed funds. An important role in solving these issues is played by the analysis of the property of the enterprise.

According to the legislation, the founders of the enterprise have mandatory rights to the property of business partnerships, as well as production cooperatives. If state or municipal unitary enterprises , as well as subsidiaries, then the founders initially have the right of ownership or other proprietary rights to them.