Atbilsto\u0161i Komerclikumam dividendes dal\u012bbniekiem izmaks\u0101 proporcion\u0101li tiem piedero\u0161o da\u013cu nomin\u0101lv\u0113rt\u012bbu summai, ja vien kapit\u0101lsabiedr\u012bbas stat\u016btos nav noteikta cita dividen\u017eu sadales k\u0101rt\u012bba. T\u0101d\u0113j\u0101di stat\u016btos ir iesp\u0113jams paredz\u0113t ar\u012b neproporcion\u0101lu dividen\u017eu sadali, tostarp nosakot at\u0161\u0137ir\u012bgas ties\u012bbas uz dividend\u0113m da\u017e\u0101d\u0101m da\u013cu kategorij\u0101m.<\/p>\n
Neproporcion\u0101lu dividen\u017eu sadales k\u0101rt\u012bbu praks\u0113 bie\u017ei izmanto darbinieku opciju programmu ietvaros, k\u0101 ar\u012b situ\u0101cij\u0101s, kad dal\u012bbnieki ir vienoju\u0161ies par at\u0161\u0137ir\u012bgiem ieguld\u012bjumu nosac\u012bjumiem vai \u012bpa\u0161\u0101m ekonomiskaj\u0101m ties\u012bb\u0101m. T\u0101d\u0113\u013c turpm\u0101k apl\u016bkosim, k\u0101 \u0161\u0101du dividen\u017eu sadales k\u0101rt\u012bbu juridiski korekti atspogu\u013cot sabiedr\u012bbas stat\u016btos.<\/p>\n
Lai gan iesp\u0113ja kapit\u0101lsabiedr\u012bbas stat\u016btos paredz\u0113t at\u0161\u0137ir\u012bgu dividen\u017eu sadales k\u0101rt\u012bbu nav jauna, praks\u0113 l\u012bdz \u0161im ne vienm\u0113r ir bijis skaidrs, cik detaliz\u0113ti stat\u016btos j\u0101apraksta neproporcion\u0101las dividen\u017eu sadales meh\u0101nisms.<\/p>\n
2026. gada 17. august\u0101 Uz\u0146\u0113mumu re\u0123istrs public\u0113ja skaidrojumu par neproporcion\u0101las dividen\u017eu sadales k\u0101rt\u012bbas atspogu\u013co\u0161anu stat\u016btos. No t\u0101 izriet b\u016btiska praktiska atzi\u0146a – nepietiek stat\u016btos vien paredz\u0113t iesp\u0113ju dividendes sadal\u012bt neproporcion\u0101li. Stat\u016btos j\u0101nosaka dividen\u017eu sadales k\u0101rt\u012bba, kas \u013cauj noteikt, p\u0113c k\u0101diem principiem, krit\u0113rijiem vai metod\u0113m dividendes tiek sadal\u012btas.<\/strong><\/p>\n Lai gan Komerclikums noteic, ka dividendes nosaka ar dal\u012bbnieku sapulces l\u0113mumu, tas nenoz\u012bm\u0113, ka dal\u012bbnieku zi\u0146\u0101 var atst\u0101t ar\u012b pa\u0161u dividen\u017eu sadales principu.<\/p>\n Piem\u0113ram, nepietiktu stat\u016btos noteikt, ka A kategorijas da\u013cu tur\u0113t\u0101ji katru gadu lemj, k\u0101da da\u013ca no sadal\u0101m\u0101s pe\u013c\u0146as pien\u0101kas B kategorijas da\u013cu tur\u0113t\u0101jiem. \u0160\u0101d\u0101 gad\u012bjum\u0101 stat\u016bti faktiski nenosaka dividen\u017eu sadales k\u0101rt\u012bbu \u2013 to katru reizi no jauna nosaka dal\u012bbnieki. Tas nemain\u0101s ar\u012b tad, ja stat\u016btos paredz\u0113ts, ka \u0161\u0101ds l\u0113mums j\u0101pie\u0146em vienbals\u012bgi.<\/p>\n 1. Dal\u012bbnieku l\u012bgums nevar aizst\u0101t stat\u016btu regul\u0113jumu<\/p>\n Dividen\u017eu sadales k\u0101rt\u012bbas noteik\u0161ana dal\u012bbnieku l\u012bgum\u0101 vai cit\u0101 dokument\u0101 pati par sevi nav pietiekama.<\/p>\n Piem\u0113ram, stat\u016btu noteikums, ka \u201cB kategorijas dal\u012bbnieku dividendes nosaka saska\u0146\u0101 ar dal\u012bbnieku l\u012bgumu\u201d, neatrisina probl\u0113mu \u2013 no pa\u0161iem stat\u016btiem joproj\u0101m nav nosak\u0101ms, p\u0113c k\u0101da principa dividendes tiek sadal\u012btas.<\/p>\n Tas, protams, neliedz dal\u012bbnieku l\u012bgum\u0101 detaliz\u0113ti atrun\u0101t dal\u012bbnieku savstarp\u0113j\u0101s attiec\u012bbas. Tom\u0113r, ja vieno\u0161an\u0101s attiecas uz pa\u0161u neproporcion\u0101l\u0101s dividen\u017eu sadales k\u0101rt\u012bbu, attiec\u012bgajam regul\u0113jumam j\u0101b\u016bt atspogu\u013cotam ar\u012b stat\u016btos.<\/p>\n Neproporcion\u0101la dividen\u017eu sadale nenoz\u012bm\u0113, ka stat\u016btos oblig\u0101ti j\u0101ietver sare\u017e\u0123\u012bta matem\u0101tiska formula. Izv\u0113l\u0113tais meh\u0101nisms var b\u016bt sal\u012bdzino\u0161i vienk\u0101r\u0161s.<\/p>\n Piem\u0113ram, stat\u016btos var paredz\u0113t, ka A da\u013cu kategorijas tur\u0113t\u0101jiem pien\u0101kas 70% un B da\u013cu kategorijas tur\u0113t\u0101jiem 30% no dividend\u0113s sadal\u0101m\u0101s pe\u013c\u0146as neatkar\u012bgi no katras kategorijas da\u013cu \u012bpatsvara pamatkapit\u0101l\u0101.<\/p>\n Iesp\u0113jams paredz\u0113t ar\u012b sare\u017e\u0123\u012bt\u0101ku meh\u0101nismu, dividen\u017eu apm\u0113ru sasaistot ar konkr\u0113tiem stat\u016btos noteiktiem krit\u0113rijiem vai parametriem. \u0160\u0101d\u0101 gad\u012bjum\u0101 \u012bpa\u0161i svar\u012bgi ir formul\u0113t tos pietiekami skaidri, lai izv\u0113l\u0113to dividen\u017eu sadales k\u0101rt\u012bbu var\u0113tu piem\u0113rot ar\u012b praks\u0113, katru reizi nevienojoties no jauna par t\u0101s saturu. Neproporcion\u0101la dividen\u017eu sadale bie\u017ei ir saist\u012bta ar da\u017e\u0101du da\u013cu kategoriju izveidi. Tom\u0113r da\u017e\u0101du da\u013cu kategoriju es\u012bba pati par sevi nenoz\u012bm\u0113, ka katrai kategorijai oblig\u0101ti j\u0101paredz at\u0161\u0137ir\u012bgas ties\u012bbas uz dividend\u0113m.<\/p>\n Da\u013cu kategorijas var at\u0161\u0137irties ar\u012b ar cit\u0101m no da\u013c\u0101m izrieto\u0161aj\u0101m ties\u012bb\u0101m, piem\u0113ram, balssties\u012bb\u0101m vai ties\u012bb\u0101m uz likvid\u0101cijas kvotu. Savuk\u0101rt, ja A un B kategorijas da\u013cas paredz\u0113ts no\u0161\u0137irt tie\u0161i p\u0113c ties\u012bb\u0101m uz dividend\u0113m, \u0161ai at\u0161\u0137ir\u012bbai j\u0101b\u016bt atspogu\u013cotai ar\u012b stat\u016btos noteiktaj\u0101 dividen\u017eu sadales k\u0101rt\u012bb\u0101. Pret\u0113j\u0101 gad\u012bjum\u0101, ja vair\u0101k\u0101m da\u013cu kategorij\u0101m ir identisks ties\u012bbu apjoms gan attiec\u012bb\u0101 uz dividend\u0113m, gan cit\u0101m ar da\u013c\u0101m saist\u012btaj\u0101m ties\u012bb\u0101m, rodas jaut\u0101jums, k\u0101da juridiska noz\u012bme visp\u0101r ir \u0161o da\u013cu nodal\u012b\u0161anai atsevi\u0161\u0137aj\u0101s kategorij\u0101s.<\/p>\n Sabiedr\u012bb\u0101m, kuru stat\u016btos jau ir paredz\u0113ta neproporcion\u0101la dividen\u017eu sadale, b\u016btu lietder\u012bgi p\u0101rbaud\u012bt ne tikai to, vai stat\u016btos form\u0101li ir ietverta nor\u0101de uz \u0161\u0101du iesp\u0113ju, bet ar\u012b to, vai noteikto k\u0101rt\u012bbu faktiski ir iesp\u0113jams piem\u0113rot, un to, vai izv\u0113l\u0113t\u0101 k\u0101rt\u012bba atbilst aktu\u0101lajai Uz\u0146\u0113mumu re\u0123istra praksei un Komerclikuma normu interpret\u0101cijai.<\/p>\n Tas ir \u012bpa\u0161i svar\u012bgi, pl\u0101nojot groz\u012bjumus citos stat\u016btu noteikumos. Iesniedzot re\u0123istr\u0101cijai stat\u016btu jauno redakciju, Uz\u0146\u0113mumu re\u0123istra p\u0101rbaude aptver ne tikai konkr\u0113ti groz\u012btos stat\u016btu noteikumus, bet ar\u012b citus jaunaj\u0101 stat\u016btu redakcij\u0101 ietvertos noteikumus (tostarp noteikumus par dividen\u017eu sadali), ka attiec\u012bgaj\u0101 reiz\u0113 netiek groz\u012bti. T\u0101d\u0113\u013c, ja \u0161\u0101ds regul\u0113jums neatbilst normat\u012bvo aktu pras\u012bb\u0101m vai aktu\u0101lajai Uz\u0146\u0113mumu re\u0123istra praksei, pieteikto stat\u016btu groz\u012bjumu re\u0123istr\u0101cija var tikt atlikta l\u012bdz tr\u016bkumu nov\u0113r\u0161anai \u2013 ar\u012b tad ja sabiedr\u012bbas s\u0101kotn\u0113ji pl\u0101notie stat\u016btu groz\u012bjumi ar dividen\u017eu sadali nemaz nav saist\u012bti.<\/p>\n <\/p>\n Apskata autori: Korporat\u012bvo ties\u012bbu prakses grupas l\u012bdzvad\u012bt\u0101ji Marija Majore<\/a> un Gatis Flinters<\/a>.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Atbilsto\u0161i Komerclikumam dividendes dal\u012bbniekiem izmaks\u0101 proporcion\u0101li tiem piedero\u0161o da\u013cu nomin\u0101lv\u0113rt\u012bbu summai, ja vien kapit\u0101lsabiedr\u012bbas stat\u016btos nav noteikta cita dividen\u017eu sadales k\u0101rt\u012bba. T\u0101d\u0113j\u0101di stat\u016btos ir iesp\u0113jams paredz\u0113t ar\u012b neproporcion\u0101lu dividen\u017eu sadali, tostarp nosakot at\u0161\u0137ir\u012bgas ties\u012bbas uz dividend\u0113m da\u017e\u0101d\u0101m da\u013cu kategorij\u0101m. Neproporcion\u0101lu..<\/p>\n","protected":false},"author":10,"featured_media":57542,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3],"country":[96],"class_list":["post-57520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-lv","country-latvia-lv"],"acf":[],"yoast_head":"\nKo tas noz\u012bm\u0113 praks\u0113?<\/span><\/h4>\n
1. Dividen\u017eu sadales k\u0101rt\u012bbu nevar atst\u0101t tikai dal\u012bbnieku sapulces zi\u0146\u0101<\/span><\/strong><\/h5>\n
2. Dividen\u017eu neproporcion\u0101lo sadales meh\u0101nismu var veidot da\u017e\u0101di<\/span><\/strong><\/h5>\n
\nVienlaikus j\u0101\u0146em v\u0113r\u0101, ka Uz\u0146\u0113mumu re\u0123istrs, izskatot stat\u016btus, nev\u0113rt\u0113 izv\u0113l\u0113t\u0101 meh\u0101nisma ekonomisko pamatot\u012bbu, k\u0101 ar\u012b to, vai dal\u012bbnieku izv\u0113l\u0113tie krit\u0113riji ir objekt\u012bvi un vai formula \u2013 pareiza. T\u0101d\u0113j\u0101di stat\u016btu jaun\u0101s redakcijas re\u0123istr\u0101cijas fakts pats par sevi nenoz\u012bm\u0113, ka izv\u0113l\u0113tais meh\u0101nisms b\u016bs piem\u0113rots konkr\u0113t\u0101s sabiedr\u012bbas un t\u0101s dal\u012bbnieku vajadz\u012bb\u0101m. Par izv\u0113l\u0113t\u0101 meh\u0101nisma saturu un t\u0101 praktisku piem\u0113ro\u0161anu atbild pa\u0161i dal\u012bbnieki.<\/p>\n3. Da\u013cu kategorij\u0101m j\u0101atspogu\u013co re\u0101las at\u0161\u0137ir\u012bbas dal\u012bbnieku ties\u012bb\u0101s uz dividend\u0113m<\/span><\/strong><\/h5>\n
Ko p\u0101rbaud\u012bt jau eso\u0161ajos stat\u016btos?<\/span><\/h4>\n