When would society dissolve?
In general terms, the Company has a specific purpose that is established in the project business plan as well as in the relevant legal documents. Once this is reached, there is a cause finding to proceed with its liquidation.
Specifically, the companies will be established for an indefinite term, although they will be linked to the duration of each project.
Once the project is finished, several scenarios can occur:
-Sale of the project to an investor interested in buying the company as a whole, in which case there would be no dissolution.
-Sale of the asset to an investor or final buyer, leaving the company unable to carry out the activity of the corporate purpose with which the company would be dissolved.
-Like the previous one but the main promoter wants to keep the company for new projects with which there would be no dissolution.