Liquidation LLC

Liquidation of LLC

ICC Bondar specialists provide a range of legal and accounting services for legal entities and individual entrepreneurs. Among the most popular is the liquidation of a turnkey LLC, which allows you to close a business in strict accordance with the requirements established by law.

The need for a service arises for various reasons, starting with the desire to change the type of activity and ending with regular losses. The main advantages of applying to our company are: the efficiency of closing the enterprise and the guaranteed result, combined with a reasonable level of associated costs

The liquidation of an LLC (Limited Liability Company) means the termination of its activities, as well as the rights and obligations arising from this activity in relation to other persons. After the closure of the LLC in accordance with the current legislation of Ukraine, there will be no legal consequences and tax risks for the executive body (general director) and the founders of the Company.

Possible ways to carry out liquidation

If the management of the company, in carrying out its activities, fulfilled its obligations to creditors, employees, the state, then the procedure for liquidating an LLC will be as simple and fast as possible. If debts have accumulated during the work, then everything will be somewhat more complicated.

All methods of terminating the activities of an LLC can be conditionally divided into voluntary and forced.

You can use one of the following ways to liquidate an LLC:

• bankruptcy – used to liquidate an LLC with debts, can be carried out according to a simplified or complete scheme;
• forced closures occur when founders go into hiding and creditors seek to collect debts;
•   voluntary liquidation, when an enterprise settles accounts with counterparties at the expense of the company’s assets, and the remaining funds are distributed among the founders;
• reorganization – an alternative way to liquidate an LLC by joining or changing management;
•   sale at a reduced cost.

The order of liquidation of enterprises in Ukraine

According to the Civil Code (Article 104), the liquidation of legal entities. person is a necessary condition for the termination of its activities. The result of the enterprise closure procedure is the complete termination of the rights and obligations of the LLC. The authority to make this decision belongs to the meeting of participants in the LLC or the judicial authority.

The procedure is as follows:

• it is necessary to hold a meeting of the participants of the LLC, which will be attended by the owners of more than 50% of the authorized capital of the company;
• the majority of those present must decide on the liquidation and record it in the minutes;
• a liquidation commission is appointed;
• creditors can submit financial claims within 2 to 6 months from the date of publication of the data – if they do not submit a claim, they automatically lose the right to a mandatory debt repayment, and if the claim is not satisfied, then the liquidation of the LLC may turn into bankruptcy proceedings;
• from this moment, the management of the affairs of the LLC passes to the liquidation commission;
• the decision taken must be reported to the state registrar;
• if there are no grounds for refusal, then within 24 hours the information will be entered into the only state register .

After entering the data into the register, the data on the initiation of the procedure are sent to the Tax Service, the Pension Fund and other state bodies.

Prices for services for the liquidation and closing of an LLC

If you do not have the extra time required to independently conduct the LLC liquidation procedure, or you are not sure that you can do everything right and avoid fines and violations, then we, having extensive experience, are ready to offer turnkey LLC liquidation services at affordable prices with legal guarantee.

The liquidation price of an LLC is determined by taking into account several factors. The first and main one is the scale of the company’s activities. The higher the number of contractors and the number of staff, the higher the level of costs required.

Especially serious expenses are required in the case when the liquidation of a company with debts is carried out. This is explained very simply – the closure of a turnkey LLC provides for the mandatory repayment of accounts payable in full.

Other important factors affecting the cost of legal services for the liquidation of a company include the following:

•     Completeness of the original documentation;
•    The urgency of the implementation of the event;
• Availability of accounting documentation and tax reporting.

To receive a commercial offer with an exact indication of the cost of closing a company, it is enough to fill out an application on the website or call by phone and we will provide the information of interest.

Why should you turn to professionals?

The procedure for the liquidation of an LLC provided for by law is a complex event from a legal and organizational point of view. It is far from easy to understand the intricacies of its practical implementation on your own. In this case, any error or inaccuracy leads to a delay in the process and the emergence of additional costs.

Cooperation with ICC Bondar is a guarantee of prompt closing of a business at a minimum level of costs and in strict accordance with legal regulations.