How to liquidate a company?

Liquidation of a company is a complicated procedure. It is much easier to start a company. In the course of the company's activities, it is constantly monitored, and in case of violations, sanctions will follow. Liquidation draws a line under all the company's activities. That's why it takes so long, and the inspections are much more thorough than during operation.

It is necessary to take all actions in stages to get rid of a business that has lost its prospects for some reason. The result of the company's liquidation is termination with an entry in the Unified Register.

You have 2 ways to do this:

• contact experienced RegService lawyers, and they will help you resolve this issue with your minimal participation and in a short time;
• go through all the circles of bureaucratic hell yourself to close the company.

But if you do decide to go the second way, then at least you will know from our article what mandatory stages of liquidation exist.

Meeting for the decision to terminate the company

The first stage that awaits you. The decision is formalized by a protocol, which contains:

• number of participants;
  the agenda;
  the result of the consideration of the issue, namely the decision to liquidate the company;
  the composition of the liquidation commission, its powers, including the passport data and TIN of each member of the commission.

Then you notify the state authority of the decision by submitting the original or a notarized copy of the decision. The documents can be submitted by the founder or his/her representative by power of attorney, and they are accepted by description. After the relevant information is entered into the Unified State Register, the company is considered to be in the process of termination.

The liquidation procedure begins, and the state registrar must also be notified.

Passing inspections by the tax authorities and the Pension Fund.  Completion of liquidation

During the liquidation process, the company undergoes inspections by the Pension Fund and the tax office. You will need to obtain a certificate of no debts from the Pension Fund.

Before the tax inspection, you need to close your bank accounts. The following documents are submitted to the bank:

• A decision to liquidate the company;
• A notarized card with signature samples of the chairman of the company's liquidation commission (in some cases);
• Application for closing other accounts.

After the inspection, you will be issued a workaround sheet to deregister your cash registers, if you had them registered.

The state registrar receives the certificate from the tax office online. This is the end of the company liquidation procedure. Within 24 hours, the state registrar considers your request. Based on the results of the review, a record is made in the Register that the company has been terminated.

As you can see, it is much easier to save time and nerves by contacting our lawyers. We act only within the legal framework. If you need to liquidate a company urgently, you should not go through this time-consuming procedure on your own. Do not delay, delaying the process will be to your detriment! And be sure to finish the job so that there are no unpleasant surprises in the future.