Document background
Corporate Minutes are essential legal documents in Austrian corporate governance, required under both the Stock Corporation Act and Limited Liability Companies Act. They serve as the formal record of corporate meetings, including board meetings, shareholder assemblies, and other official corporate gatherings. These minutes must document key elements such as attendance, quorum verification, deliberations, and formal resolutions. The document is particularly crucial for maintaining corporate transparency, providing evidence of decision-making processes, and ensuring compliance with regulatory requirements. Corporate Minutes may be requested during audits, legal proceedings, or regulatory investigations, and must be maintained in the company's records as per Austrian law. They form part of the company's official documentation and may need to be submitted to various authorities, including courts and the commercial register.
