Liquidation of a branch of an enterprise

Cost of liquidation of a branch:

• consultations on all issues related to the liquidation of a separate subdivision;
• preparation of all documents required for liquidation;
• notary services;
• ALL duties, fees, payments, except for fines;
• deregistration in ALL instances;
• our fee.

Branches are not legal entities. They are endowed with the property of the legal entity that established them and act on the basis of the regulations approved by it. At the same time, the company's branch regulations have the same meaning in the activities of a branch as the charter has in the activities of an enterprise, so it is advisable to provide for the procedure for liquidating a branch in such regulations.

Liquidation of a separate subdivision is carried out in the state authorities at the place of registration of the legal entity.

As a rule, a branch is liquidated by a decision of the relevant management body of a legal entity authorized to do so by the charter. However, there may also be cases of forced liquidation of branches, for example, in the event of a legal entity being declared bankrupt.

IMPORTANT

The status of a branch is of fundamental importance: whether it is allocated to a separate balance sheet, whether it makes payroll payments independently, and whether it is a payer of insurance premiums.

A prerequisite for closing a branch is a documentary audit by the Pension Fund of Ukraine and social insurance funds to ensure that insurance contributions are calculated and paid correctly. In this case, the inspection of the branch is carried out directly by the authority at the place of registration of the respective branch after receiving information from the state registrar on the termination of the respective separate subdivision.

In addition, in the event of liquidation of the licensee's branches, the licensee is obliged to provide the licensing authority with a written notice.

HOW TO LIQUIDATE A SEPARATE SUBDIVISION?

The procedure for liquidating a branch consists of the following steps 

• preparation of all necessary documents (in particular, the decision on liquidation) based on the data provided by the client;
• taking liquidation actions, passing inspections;
• closing a bank account (in branches with a separate balance sheet);
• deregistration in ALL instances;
• notifying the licensee (if the branch had a license);
• making an entry in the Unified State Register of Legal Entities on the liquidation of the branch.

 As a rule, the tax authorities and the Pension Fund impose huge fines even on companies with no activity. We do not leave the liquidation procedure unchecked, so we always take measures to minimize penalties whenever possible.

To liquidate a branch, the following documents are required:

• certificate of registration of the company;
• certificate of registration in the Unified State Register;
• a decision (protocol) of the parent company on the closure of the branch (we provide the text of the decision or protocol);
• charter (regulations) of the branch

 The main problem is passing the tax audit. It can be scheduled for years, literally. We have developed mechanisms to legally accelerate the appointment of an audit by the tax authorities and, as a result, speed up the entire procedure.

After the liquidation procedure, you will receive

• an updated extract from the Unified State Register

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