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How the liquidation of a company works with us

How the liquidation of a company works with us:

The first step is the decision to enter into liquidation - in the form of a notarial deed.

  • we immediately take over all supervision, all worries and obligations that need to be fulfilled in connection with the liquidation process
  • we appoint a liquidator (we will provide a professional liquidator if required)
  • we will make all changes in the Commercial Register and the Commercial Bulletin
  • we will arrange the necessary deregistrations and opinions of the state authorities
  • together with our tax advisors of the PKF APOGEO Group, we can handle the liquidation in a comprehensive manner, including all tax and accounting reports
  • we will arrange the company's deletion from the Commercial Register
  • we carry out the process thoroughly, with a view to minimizing client risks and efficiently with respect to the benefits and benefits intended for the owners

What is liquidation of a company and what is its cost?

Winding up a company with liquidation is a serious and lawful way of ending all company activities. The liquidation of a company is a set of economic and legal steps that aim to end its activities and business. The result of a successful company liquidation is that the company has no assets or liabilities and is duly removed from the Commercial Register.

We can arrange professional liquidation of the company from CZK 44,500. We will complete this official martyrdom for you professionally, discreetly and with a view to minimizing client risks. The length of time it takes to liquidate a company can vary depending on many factors, with less complicated cases usually taking around 6-8 months to complete the entire process. Contact us to discuss your options for proceeding.

What is liquidation of a company and what is its cost
When is the price of the company liquidation final

When is the price of the company liquidation final:

  • the company in liquidation has duly filed tax returns and fulfilled all legal obligations
  • it has and has had proper accounting records
  • it has no employees, no bank accounts and no litigation (legal, administrative, etc.)
  • has no assets and no debts or liabilities and is inactive
  • it is eligible for liquidation, unless liquidation is impossible or difficult for legal or economic reasons

Voluntary vs. compulsory liquidation of the company

The nature of the liquidation process depends on whether it is voluntary or compulsory. What are the differences between them?

Voluntary liquidation of the company

Voluntary liquidation of a company occurs when its owners (shareholders, members) decide to close the company. This may be because the company has reached its goal, there is no longer a need for it, or the owners may want to invest in other projects. The owners may come up with a decision to voluntarily liquidate based on a vote or other agreements between them. This is an orderly and serious way to close a business!

Liquidation of a company: Be ready for 20 challenging tasks
Voluntary vs. compulsory liquidation of the company
Compulsory liquidation of the company

Compulsory liquidation of the company

The compulsory liquidation of a company is the involuntary dissolution of a company ordered by a court in cases provided for by law (loss of business authorisations, inability to carry on business for more than 1 year, insurmountable differences between the shareholders, repeated failure to fulfill obligations, etc.). In these cases, the court will usually also appoint a liquidator - e.g. the managing director of the company or from among the insolvency administrators. In these cases, we can help to carry out the liquidation professionally and with a view to minimizing the risks associated with the exercise of the function.

*Caution, reversing the process of compulsory ordered liquidation can only be done by a corporate conversion - we can also arrange (e.g. merger with a ready-made company)

What is a company buyout?

Unnecessary companies that meet the above requirements can be bought out, e.g. by foreign corporations - investors or for speculation. The price of services related to the transfer is from 45 900 CZK. You can get rid of the worries associated with running a company immediately. Are you interested in assistance with liquidation of your company or would you like to sell your unnecessary company? Do not hesitate to contact us.

What is a company buyout

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