Avoid long and complicated processes and stop business with us

If you have decided to quit the business, please, do not hesitate to contact us. We will manage for you the entire process of liquidation, according to your requirements. We will arrange all necessary steps for you.

Read about the course of liquidation procedure

Liquidation of a company is one of the common ways how to terminate the business activity of the company.

Broadly speaking, it is a non-judicial arrangement of company property, which involve the conversion of company property into cash and the subsequent satisfaction of creditors thanks to money received from realized process.

The liquidation balance is distributed among the company shareholders in accordance with the Memorandum of association.

Conditions to be fulfilled for entry of the company into liquidation

A company must meet following formalities to enter into liquidation: -Property in accounting (movable or immovable, cash on hand or in bank account); -The value of property has to be greater than the value of the company´s obligations;

• The deletion process of the company from the Commercial Register is at least five months in case of liquidation.

If your company does not meet these criteria or if you need to accelerate the process of company cancellation, contact us and we will find the most appropriate way to end your business.