Kapitaalparandusettevõtteid

Kapitaalparandusettevõtteid, often translated as capital redemption companies or share premium accounts, are a concept within company law that refers to the reserves or funds a company can establish from specific sources. These reserves are distinct from the company's share capital and are typically created through profits that are not distributed as dividends. The primary purpose of these accounts is to provide a buffer for the company, which can be used for various corporate actions.

One common use for kapitaalparandusettevõtteid is to fund share buybacks, where a company repurchases its own shares from the market. This can be done to reduce the number of outstanding shares, potentially increasing earnings per share, or to return capital to shareholders in a tax-efficient manner. Another significant application is to cover losses that a company may incur. By utilizing these reserves, a company can absorb financial setbacks without impacting its core share capital.

Furthermore, kapitaalparandusettevõtteid can be used to finance mergers and acquisitions, or for other strategic investments that enhance the company's long-term growth prospects. The specific rules and regulations governing the creation, use, and accounting treatment of these reserves vary by jurisdiction, but they generally aim to ensure that companies maintain adequate financial stability and transparency. Companies must adhere to legal requirements when accessing or utilizing these funds, often requiring board approval and sometimes shareholder consent.