How To Organize Liquidation Of A Company

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How To Organize Liquidation Of A Company
How To Organize Liquidation Of A Company

Video: How To Organize Liquidation Of A Company

Video: How To Organize Liquidation Of A Company
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The founders have the right to liquidate the company. In some cases, liquidation takes place by court order. To liquidate a company, it is necessary to comply with the procedure for its liquidation established by law: make an appropriate decision, appoint a liquidation commission, make payments to creditors.

How to organize liquidation of a company
How to organize liquidation of a company

Instructions

Step 1

If you are a founder of a company and want to liquidate it, you must first of all make a decision on liquidation together with the rest of the founders. The decision is made in writing, like all other decisions of the founders.

Step 2

Immediately after making a decision on liquidation, send a notice of it to the tax office. This is necessary in order for the tax inspectorate to enter information into the Unified State Register of Legal Entities (USRLE) that the company is in the process of liquidation.

Step 3

Appoint, together with the rest of the founders, a liquidation commission (liquidator) of the company. From the moment of her appointment, all powers of management of the company will pass to her. The first step is to put a press release on the liquidation of the company and notify the creditors.

Step 4

After a two-month period for creditors to file claims against the company, the liquidation commission must draw up an interim liquidation balance sheet. Approve it with other founders. After that, the commission begins settlements with creditors in the manner prescribed by law. If the company cannot pay for some of its obligations, it is necessary to sell the company's property at a public auction. Upon completion of the calculations, a new liquidation balance sheet is drawn up, which you must approve. The liquidation ends with the entry into the Unified State Register of Legal Entities that the company has been liquidated.

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