A few months after the application of the new limits that provide for the obligation to appoint the control body in the limited liability companies, these limits have been revised.
The appointment of the controlling body in limited liability companies now becomes mandatory when the company:
1. is required to prepare the consolidated financial statements;
2. controls a company that is obliged to have its accounts audited;
3. has exceeded for two consecutive financial years at least one of the following limits:
a. total assets in the Balance Sheet: 4 million euro;
b. Revenues from sales and services: 4 million euro;
c. average number of employees during the financial year: 20