Managing the orderly and compliant dissolution of a business entity requires careful adherence to complex winding-up procedures to avoid personal liability for directors/shareholders.
- Resolution on Dissolution.
We draft the legally compliant Shareholders' Resolution or Board Resolution formally approving the voluntary liquidation of the company, specifying the appointed Liquidator(s), and outlining the liquidation process. - Drafting & Submitting Liquidation Paperwork.
We prepare the full suite of liquidation documentation required by the Commercial Register and other authorities. This includes the formal Liquidation Application, announcement texts, Liquidator(s) acceptance declarations, and initial notifications. We handle the submission and liaison with the registry. - Liquidation Registration & Notifications.
We manage the formal registration of the liquidation commencement with the Trade/Commercial Register and ensure the mandatory liquidation notice is published in the prescribed official journal. We draft and send formal notifications to known creditors, employees (regarding termination procedures), tax authorities, social security authorities, and other relevant bodies as required by law. - Final Financials & Tax Compliance.
Our team, in collaboration with our own accounting team, assists in preparing the final closing financial statements (Liquidation Balance Sheet). We prepare and submit the final Corporate Income Tax return, final VAT return, and any other required final filings to the tax authority, settling all outstanding tax liabilities. - Deregistration & Final Removal.
We obtain the crucial formal approval (Clearance Certificate) from the tax authority confirming all tax obligations are settled. We then submit the final application for deletion from the Trade/Commercial Register, including the Liquidator's final report and evidence of asset distribution and creditor settlement. We track the process until official confirmation of the company's dissolution is received.
