1. The managers or directors of a company required by law to consolidate its accounts must prepare and submit to the competent bodies the consolidated management report, the consolidated annual accounts and the other consolidated reporting documents.
1 - Os gerentes ou administradores de uma sociedade obrigada por lei à consolidação de contas devem elaborar e submeter aos órgãos competentes o relatório consolidado de gestão, as contas consolidadas do exercício e os demais documentos de prestação de contas consolidadas.
2. The reporting documents referred to in the preceding paragraph must be presented to and considered by the competent bodies within five months from the close of the financial year.
2 - Os documentos de prestações de contas referidos no número anterior devem ser apresentados e apreciados pelos órgãos competentes no prazo de cinco meses a contar da data de encerramento do exercício.
3. The managers or directors of each company to be included in the consolidation which is a subsidiary or associated undertaking must, in good time, send to the consolidating company their report and accounts and the related statutory audit report or declaration that certification is impossible, to be submitted to their general meeting, and must also provide the other information necessary for the consolidation of accounts.
3 - Os gerentes ou administradores de cada sociedade a incluir na consolidação que seja empresa filial ou associada devem, em tempo útil, enviar à sociedade consolidante o seu relatório e contas e a respectiva certificação legal ou declaração de impossibilidade de certificação a submeter à respectiva assembleia geral, bem como prestadas as demais informações necessárias à consolidação de contas.
The five-month period from the close of the financial year for presentation and consideration of the consolidated reporting documents and the duty of subsidiary and associated undertakings to send their report, accounts and statutory audit report (or declaration that certification is impossible) to the consolidating company in good time are retained.
We advise on Portuguese company law in English every day: formation, capital, members’ resolutions, managers’ liability and restructuring. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.