In how many categories are corporate transformations divided?
There are three (3) basic categories of corporate transformations:
- Merger (two or more companies merge into one, while the mergers are liquidated without liquidation),
- Split (the act of universal succession transfer of the property of a company dissolved without liquidation to at least two companies)
- Conversion (the act of changing the corporate form of a company without preceding its dissolution and without any succession to its assets).