The article deals with debatable questions of capital assets contribution to authorized-share capital and analyses sequence of original cost purchase of value of investor's financial investment and sequence of reflection of reinstated VAT. The author provides an answer to the question whether fixed asset transfer operation serves as contribution to authorized-share capital and how to set it forth in investor's and recipient's reporting.
Federal Law “On Joint-Stock Companies” of December 26, 1995 ¹ 208-FZ.
Federal Law “On Limited liability companies” of February 08, 1998 ¹ 14-FZ.
Order of Ministry of Finance of Russian Federation on accounting standard “Accounting of fixed assets” Accounting Regulations 6/01 of March 30, 2001 ¹ 26n.
Order of Ministry of Finance of Russian Federation on accounting standard “Expenses of organization” Accounting Regulations 10/99 of May 05, 1999 ¹ 33n.
Order of Ministry of Finance of Russian Federation on approval of an accounting standard “Accounting of financial investments” Accounting Regulations 19/02 of December 10, 2002, ¹ 126n.
Order of Ministry of Finance of Russian Federation “On Accounting guidelines of fixed assets” of October 13, 2003, ¹ 91n.
Letter of Ministry of Finance of Russian Federation “On Procedures for accounting of reinstated VAT amounts when contributing to authorized-share capital” of October 10, 2006 ¹ 07-05-06/262.
Letter of Ministry of Finance of Russian Federation “On Recommendations for audit organizations, auditor related to auditing of annual financial statements for 2006” of December 19, 2006 ¹ 07-05-06/302.
