Status changes

Find out more about the possibilities of acquiring an association, merging two or more associations and dividing an association

Acquiring an association

Acquisition of one or more associations by another association is entered in the Register of Associations. In the course of acquisition, conducted on the basis of a decision on acquisition, the total assets of one association are transferred to another. The provisions of the Act on Associations regarding the entry of changes in the Register of Associations apply accordingly to the entry of acquisitions.

Application for the entry of changes is submitted by the person authorised to represent the acquiring association, and the application is accompanied by decisions on granting consent for the acquisition made by the assemblies of associations participating in the acquisition. Upon the entry of the acquisition in the Register of Associations, the acquired association ceases to exist, and the acquiring association continues to operate under the name under which it was entered in the Register of Associations.
 

Merging two or more associations

A merger consists of the establishment of a new association to which the total assets of two or more merging associations are transferred. The provisions of the Act on Associations regarding acquisitions apply accordingly to the merger procedure. Upon merging, the merged associations cease to exist, and the newly-formed association is considered a new association to which the provisions of the Act on Associations related to the registration of an association apply accordingly.
 

Dividing an association

An association can be divided into two or more associations. The provisions of the Act on Associations regarding the acquisition of associations apply accordingly to the division procedure. The divided association ceases to exist, and the provisions of the Act on Associations related to entry in the Register of Associations apply to the procedure of registration of newly-formed associations. Associations formed by division are jointly and severally liable for the commitments of the divided association.