Responsibility of the founder of the LLC for the actions of the director

The content of the article

• What is the limited liability of participants
• Legal regulation
• Types of Responsibility
• For the director’s actions
• Leader and founder in one person
• What is the responsibility of the founder of LLC debt
• Total (joint) within the authorized capital
• Subsidiary liability of the founders of LLC
• Offensive conditions
• Under what circumstances is recognized by default
• Limits of subsidiary liability
• Administrative and criminal liability of the founders of LLC
• Intentional bankruptcy
• Illegal actions during the liquidation of an enterprise
• Fictitious Bankruptcy
• Tax evasion

A company that is a legal entity formed by one or more citizens who are considered the founders of the company, subsequently – participants in its activities, is called a limited liability company (hereinafter – LLC). Each of the organizers contributes a certain amount to the authorized capital of the enterprise. The founder’s share may be expressed in money, stocks, valuable things, other property relevant to the activities of the newly opened organization. The liability of the founder for the activities of the LLC is limited by legislative acts.

What is the limited liability of participants

Many citizens, registering an LLC, believe that this way of organizing activities will protect the founders from possible claims of creditors. Legislative acts stipulate that business owners are liable to the extent of the shares or shares expressed in monetary amounts in the authorized capital (hereinafter – CC) of the company. Its minimum value is 10 tons. The profit is shared by the founders of the LLC on the basis of the provisions of the Charter of the organization.

The owner can hire an individual to perform the duties of the director of the company or become the head of the company and manage its work. If the company conducts legal activities, has no debts to the federal, regional budgets, other lenders, then its closure does not contribute to the emergence of obligations of the organizers of the company to lenders. The founder’s liability for LLC debts arises if creditors prove that the participant of the company, through inaction or malicious actions, led the organization to bankruptcy.

Legal regulation

The obligations of the creator of the LLC are determined by Article 87 of the Civil Code of the Russian Federation (hereinafter – the Civil Code of the Russian Federation) “Basic Provisions on a Limited Liability Company”. It says that the debts of the organizer of the company are limited to their share in the authorized capital. This standard was used by scammers, creating “one-day firms” for the withdrawal of assets, other illegal actions, so the legislation has been tightened.

Article 3 of the Federal Law of 8.02.1998 No. 14-ФЗ “On limited liability companies” as amended on 31.122107. provides that the founders are charged with subsidiary (joint) obligations to the law if they by their actions cause intentional harm to the activities of the organization, which leads to inevitable bankruptcy. If the company cannot repay the existing debt, then the founders’ personal property is seized, according to Art. 49 of the Tax Code of the Russian Federation (hereinafter – the Tax Code).

The liability of the founders of LLC for non-payment of taxes and debts to creditors is determined by the Federal Law of October 26, 2002 No. 127-ФЗ “On Insolvency (Bankruptcy)”. Avoid punishment for illegal activities will not succeed. Criminal and administrative liability of the founder of the LLC before the law for the intentional unlawful liquidation of the enterprise.

Types of Responsibility

The legislation provides for different options for the obligations of the organizer of the company. They depend on how actively the founder takes part in the work of the company. There are two options for liability:

1. For the actions of the hired CEO. The meeting of participants in the enterprise may transfer the management of the main work of the organization to a third party, on which certain financial and legal obligations are imposed on the LLC.
2. For your own actions. This situation is often encountered if the organizer of the enterprise is at the same time the director of the LLC, directly managing the activities of the company.

For the director’s actions

If business owners hire an individual to manage the company, then this person must monitor the financial statements, bear obligations to the law for their actions. The liability of the founder of the LLC for the director’s actions occurs if the employee proves that he was forced to follow orders that led to the bankruptcy and liquidation of the organization, in accordance with the instructions of the authorities.

Leader and founder in one person

Often there is a situation when the organizer of the enterprise is its leader. He is recognized as responsible for the commission of the following unlawful acts:

• conclusion of agreements with counterparties that are knowingly unprofitable for the company;
• failure to provide important information about the civil contract to other company members, withholding important facts;
• unjustified risk when concluding transactions, lack of checks of loyalty and trustworthiness of partners (failure to determine the availability of a license from contractors or contractors);
• knowingly spoiling, falsification, theft of accounting, financial, legal documents.

What is the responsibility of the founder of LLC debt

According to the provisions of the Civil Code of the Russian Federation, the organizer of the company is responsible before the law within the limits of its share in the Criminal Code, unless it is proved that the difficult economic and economic condition of the enterprise, which led to bankruptcy, was caused by the malicious actions of the founder. There are the following types of obligations for which the owner of the company is personally responsible:

1. For taxes and insurance payments. Article 48 of the Tax Code of the Russian Federation stipulates that if there is not enough money with the company to pay off debts to the budgets of all levels in bankruptcy, then LLC participants must pay the arrears to the Federal Tax Service (FTS) from their share of the Criminal Code. With a lack of finances, you will have to pay with personal property.
2. By obligations to creditors. If there is a causal relationship between the actions of the founder of the LLC and the liquidation of the company, then the culprits of the event there is a need to repay the debt to creditors. The sequence of payments is established by the arbitration courts.
3. In bankruptcy. The liquidation process of a company that is malicious in order to obtain personal gain is punished. The liability of the founder in bankruptcy of an LLC is criminal, material and administrative.

Total (joint) within the authorized capital

The state has established that the organizers of the company, when registering a legal entity, have certain obligations. Founders are responsible before the law in the following circumstances:

• when registering a legal entity, you need to make your share in the Criminal Code according to preliminary agreement;
• the losses incurred by the company are divided among all participants in the LLC by the size of the share of the authorized capital;
• if money was partially contributed to the authorized capital, then, if the company is losing money, the founder bears obligations according to the size of the unpaid share;
• by a decision of the council, a participant may entrust additional responsibilities to one or more of the organizers of the company.

Subsidiary liability of the founders of LLC

The legislation defines the circumstances in which the people who organized the LLC bear joint (subsidiary) responsibility for the results of the organization. With this option of obligations, the initial share of the authorized capital does not matter. Will have to answer for all the existing debts of the company. There are conditions and circumstances under which the presumption of guilt of the organizers of the enterprise works. In this situation, the creators of the company have to prove their innocence in the events that entailed the ruin of the organization.

The legislation provides that not only the organizers, participants of the LLC, but also individuals who have had a significant impact on the work of the company for the past three years will have to answer for their actions. Citizens who issued orders that negatively affected the financial results of an enterprise are considered, along with business owners, as persons controlling the company. Claims of creditors are satisfied on a competitive basis after the termination of the organization.

Offensive conditions

In order for the courts to recognize the occurrence of subsidiary liability of business owners, not limited by the contribution of the authorized capital, certain conditions must be met. These include the following provisions:

1. Legal bankruptcy of a legal entity.
2. Recognition of the organizer of the company by a person who has had a significant impact on the work of the organization.
3. Proved by the plaintiff actions of the creator of the LLC, leading the company to bankruptcy.
4. Submission by the arbitral tribunal of the occurrence of subsidiary liability.

Under what circumstances is recognized by default

Legislative acts stipulate circumstances in the event of which the guilt of the business owner in the bankruptcy of the organization is recognized by default. These include the following events:

• conclusion of a transaction at the direction (approval, insistence) of the owner of the company, which caused damage to the property rights of lenders;
• loss, spoilage, damage to financial statements for which the owner was responsible;
• bringing the company or participant to administrative or criminal liability for the period the individual was in this status, subject to the formation of debts from lenders of the third stage, exceeding half of all claims of creditors.

Limits of subsidiary liability

The court establishes that all claims and claims of the lenders, declared after the liquidation of the legal entity, included in the register, determine the limits of subsidiary obligations of the company participants. The amount of debt may decrease if the defendant proves that the damage caused by his actions (or inaction) to the lender is less than that indicated in the statement of claim.

Collection of arrears is carried out at the expense of the individual property of the participant (participants) of the enterprise, if the funds of the legal entity are insufficient to eliminate the debt. If the amount of damage is large, and the creator of the business cannot repay it with his own funds, then you can start the bankruptcy procedure of an individual. If a citizen is declared insolvent, unable to settle payments, the debts will be written off.

Administrative and criminal liability of the founders of LLC

In order for the leadership’s guilt in bankruptcy of the LLC to be considered proven, law enforcement, tax, and other regulatory authorities are guided by the norms of the law. In accordance with the provisions of the Criminal Code of the Russian Federation (hereinafter – the Criminal Code of the Russian Federation) and the Code of Administrative Offenses (CAO), a clear corpus delicti is required, with the following circumstances:

1. The actions of the organizer of a legal entity falling within the characteristics of criminal or administrative offenses.
2. Definition of the founder as a subject of crime.
3. Available evidence of the guilt of the business owner to create a difficult situation in the company, which led to the formation of debts and liquidation of the organization.
4. Causing by this legal entity of material and other damage to third parties (lenders) associated with the actions (or inaction) of the enterprise management.

Any third party with an interest in the current situation can make the owner of the business solely responsible for the operation of the enterprise. The procedure for filing and the form of the statement of claim is stipulated by legal standards. The following facts are considered an open violation:

• intentional falsification, distortion, corruption, loss of financial documentation;
• false reporting by the debtor to the Federal Tax Inspectorate;
• the signing of illegal contracts that do not comply with the legislative requirements of the Russian Federation;
• non-payment of wages to employees without good reason;
• avoiding taxes and fees, using fraudulent schemes that underestimate the amount of payments;
• intentional or fictitious bankruptcy;
• other violations in the conduct of accounting, tax, personnel records, leading to material, moral damage and losses of interested citizens.

Intentional bankruptcy

Creating a situation in which an enterprise is knowingly incapable of meeting the requirements of counterparties, suppliers, lenders is considered deliberate bankruptcy. The owners of the company can withdraw assets, transfer property to legal entities, individuals, co-founders. Such actions are considered criminally punishable if more than 2.25 million rubles were damaged as a result. If the sum of the aggregate claims of creditors is less than this amount, then the actions of the perpetrators are classified as an administrative offense.

Illegal actions during the liquidation of an enterprise

The laws of the Russian Federation provide for the prosecution of the organizers of the LLC, if they committed illegal actions during the liquidation of the company. Such offenses include the following circumstances:

• concealment of valuable property, information about it, distortion of information relating to the expression of the monetary value of fixed or current assets of the organization, concealment or provision of knowingly false data on the location of real estate of the enterprise;
• malicious transfer of ownership of the company to a legal entity or individual;
• damage, targeted destruction of fixed assets of the enterprise;
• malicious violation of the organizational and legal mechanism of bankruptcy of the organization;
• distortion, destruction of accounting, tax and other documentation, where there is information about the involvement of business founders in the offense.

Such actions of the organizers of the company may threaten them with the following consequences:

• restriction of freedom of movement for 4-6 months;
• arrest for up to 3 years;
• imprisonment for 2 years with a fine of 200-500 minimum wages (hereinafter – the minimum wage).

If the business owner satisfies the personal requirements of one creditor to the detriment of the interests of the others, then such actions are also considered illegal and can be punished in the following ways:

• restriction of liberty for up to two years;
• arrest for 4-6 months;
• imprisonment for 1 year and a fine of 100-200 minimum wages.

Fictitious Bankruptcy

If the business owner disseminates false information among customers, contractors, lenders about the insolvency of the LLC in order to mislead them in order to obtain a delay in payment of arrears, then such actions are recognized as fictitious bankruptcy. Before this, the owners of the company are trying to transfer the assets of the enterprise to the accounts of relatives, friends, shell companies in order to write off debts. Creditors are left to share the remaining property. Such actions are considered criminally punishable and are punished as follows:

• restriction of liberty for a term of up to 6 years and a fine of up to 100 minimum wages;
• penalties 500-800 minimum wage.

Tax evasion

If it is proved that the arrears of fees, fines and penalties were formed as a result of malicious actions by the owner of the enterprise, then he can be convicted under Article 199 of the Criminal Code of the Russian Federation, which provides for liability for tax evasion. The founder will have to pay the full amount of the debt and bear administrative or criminal liability, depending on the amount of damage caused to budgets of all levels.