Unofficial translation (c) Soyuzpravoinform LLC

RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of September 8, 2025 No. 1104

About approval of the Procedure for transformation of the state company to joint-stock company, limited liability company which 100 percent of shares (shares) belong to the state

According to the paragraph the second "About features of regulation of activities of legal entities of separate forms of business during transition period and associations of legal entities" the Cabinet of Ministers of Ukraine decides parts three of article 14 of the Law of Ukraine:

1. Approve the Procedure for transformation of the state company to joint-stock company, limited liability company which 100 percent of shares (shares) belong to the state which is applied.

2. Determine that:

1) the property of the state companies on which the decision on transformation to joint-stock company, limited liability company which 100 percent of shares (shares) belong to the state is made agrees to the Procedure approved by this resolution which is in the territories of active fighting, the territories of active fighting in which the state electronic information resources function, or the territories of Ukraine which are temporarily occupied by the Russian Federation which are included in the list of the territories in which are conducted fighting or temporarily occupied by the Russian Federation, the development of communities and the territories approved by the Ministry for which date of completion of fighting or temporary occupation is not determined (was conducted), it is considered (except obligations) on balance of the relevant companies and transferred to the specified societies (legal successors) on the right of usufruct of state-owned property before carrying out inventory count of such property;

2) provisions of this resolution are not applied to the state unitary commercial enterprises which began the procedure of transformation according to Procedure for transformation of the state unitary commercial enterprise to joint-stock company approved by the resolution of the Cabinet of Ministers of Ukraine of August 29, 2012 No. 802 (The Official Bulletin of Ukraine, 2012, No. 65, the Art. 2663), and the Procedure for transformation of the state unitary commercial enterprise to limited liability company which 100 percent of shares in the authorized capital belong to the state, the Cabinet of Ministers of Ukraine approved by the resolution of March 8, 2024 No. 274 (The Official Bulletin of Ukraine, 2024, No. 27, of the Art. 1746), before enforcement of the Law of Ukraine "About features of regulation of activities of legal entities of separate forms of business during transition period and associations of legal entities".

3. To subjects of management of objects of state-owned property:

1) when carrying out inventory count of property of the companies specified in the subitem 1 of Item 2 of this resolution, their branches, representations and other separate divisions:

provide forming of separate acts of accounting of assets, equity and obligations of such companies, their branches, representations and other separate divisions according to the financial reporting on asset types, equity and obligations by balance sheet items for the last date for which the financial reporting moved;

provide forming of separate acts of accounting of assets which are placed in the territories specified in the subitem 1 of Item 2 of this resolution and are considered on balance of the companies, their branches, representations and other separate divisions located in other territory of Ukraine;

from 1 date following after month in which date of completion of fighting or temporary occupation in the corresponding territory is determined by results of carrying out inventory count to take measures to change of the authorized capital of joint-stock company or limited liability company according to the legislation;

2) in day of decision making about transformation it agrees to the procedure for the state companies approved by this resolution in joint-stock company, limited liability company which 100 percent of shares (shares) belong to the state, to provide submission of the copy of the specified decision to the Ministry of Economics, the environment and agricultural industry.

4. Recommend to local government bodies to be guided when transforming the municipal company or joint municipal business to joint-stock company or limited liability company by the Procedure approved by this resolution.

5. Recognize invalid resolutions of the Cabinet of Ministers of Ukraine according to the list which is attached.

Approved by the Resolution of the Cabinet of Ministers of Ukraine of September 8, 2025, No. 1104

Procedure for transformation of the state company to joint-stock company, limited liability company which 100 percent of shares (shares) belong to the state

1. This Procedure determines the mechanism of transformation of the state commercial enterprise, state company (further - the companies), except the companies which at the time of the termination of Ukroboronprom state concern were its part, and also the companies which single property complexes are transferred to the control Ukrainian Defense Industry joint-stock company which transformation is performed according to the Law of Ukraine "About features of reforming of the companies of defense industry complex of the state pattern of ownership", in joint-stock company or limited liability company which 100 percent of shares (shares) in the authorized capital belong to the state (further - society).

2. Founder of the societies which are formed by transformation of the companies is the state on behalf of the subject of management of objects of state-owned property (further - the founder).

Founders make the decision on transformation of the companies belonging to the sphere of their management.

The founder independently chooses form of business of society legal successor of the company.

In case of transformation of the companies included in the list of the objects of state-owned property having strategic importance for economy and safety of the state, the decision of the founder on transformation of the company to society agrees with the Cabinet of Ministers of Ukraine.

3. The founder along with decision making about transformation of the company to society appoints the commission on transformation of the company (further - the commission on transformation) which performs organizational support of process of transformation of the company.

At least three members are part of the commission on transformation. The commission is headed by the chairman who will organize its work.

The commission on transformation develops the draft of the plan of transformation of the company and represents it to the founder for approval.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info