Company Liquidation: Closing Your Company Properly
A proper winding up of a company you no longer need, from the legal analysis to deletion from the register.Our lawyers map the best approach for your situation and can act as the liquidator for you.
Free, no-obligation assessmentFree, no obligationWe reply within 1 business dayReply within 1 business day
Quoted
After reviewing your company
12 countries
Europe and Canada
Liquidator
We can take the position
€280/hour
Lawyer consultation, if needed
Free
First 15-minute call
Overview
Winding up a company in an orderly way
When a company is no longer needed, it should be closed properly rather than left dormant with filing duties. The procedure differs by country, but in general a liquidator must be appointed, creditors notified and the company’s affairs settled before it is deleted from the register. MAXCORP maps the most suitable solution for your situation.
A legal analysis of the liquidation approach that best suits your company and situation
A liquidator appointed as the law requires, a position our lawyers can take on for you
Creditors notified of the liquidation in the way and within the periods the law sets
Support in negotiations with creditors and business partners while the company winds up
Assets sold and the company’s affairs settled before the final liquidation documents
Final documents prepared and filed until the company is deleted from the register
A company that is simply left inactive still has obligations: annual reports, tax filings and the duties of its board. Missed filings can lead to fines and, in some countries, compulsory deletion. A proper liquidation closes these obligations in a documented way, step by step, with creditors informed as the law requires. The company is closed properly, with complete records and no open filings left behind.
Scope
What a liquidation involves
Each country has its own procedure, but a liquidation usually runs in three parts: choosing the approach, settling the company’s affairs and deleting it from the register. We support each part, from the first review to the final filing.
Analysis and approach
Before the decision
What happens
The company’s position, assets and obligations are reviewed and the most suitable approach is chosen.
Our role
Legal analysis of the options in your country and a clear plan with the steps and costs.
Winding up
During liquidation
What happens
A liquidator is appointed, creditors are notified, assets are sold and claims are settled.
Our role
Acting as liquidator if you wish, conducting negotiations, selling assets and preparing documents.
Deletion from the register
Closing
What happens
The final liquidation documents are approved and the company is deleted from the register.
Our role
Preparing and filing the final documents and following the filing through to deletion.
Prices
How company liquidation is priced
Every liquidation is different, so we quote after reviewing the company. Legal advice before or around the decision is billed by the hour.
Full process
Company liquidation
Quoted after a reviewBased on your company’s situation
From the legal analysis to the deletion of the company from the register.
* Pricing is indicative and subject to final confirmation. Prices exclude VAT. Prices are professional fees. State fees, publication costs for creditor notices and notary fees are billed separately.
Process
How we close your company
We review the company first and recommend the approach. Once you decide, we handle the liquidation steps the law requires, through to the deletion from the register, and confirm in writing when the company is closed and deleted.
Our steps
Step 1
Review
The company’s assets, obligations and filings are reviewed.
Step 2
Approach and quote
The most suitable route and our price, confirmed with you.
Step 3
Decision and liquidator
The owners decide on the liquidation and a liquidator is appointed.
Step 4
Winding up
Creditors notified, assets sold and claims settled.
Step 5
Deletion
Final documents filed and the company deleted from the register.
The periods for creditor notices and the registry’s own processing are set by each country’s law and are separate from our steps.
An inactive company still has obligations, such as annual reports and tax filings. Missed filings can lead to fines and, in some countries, compulsory deletion. A liquidation closes these obligations properly.
What are the main steps?
In general: the owners decide on the liquidation, a liquidator is appointed, creditors are notified, assets are sold and claims settled, and the final documents are filed so the company is deleted from the register. The details differ by country.
Can you act as the liquidator?
Yes. A liquidator must be appointed, and our lawyers can take the position if you wish.
How much does a liquidation cost?
We quote after reviewing the company, as every liquidation is different. A business consultation with a lawyer is €280 per hour, and the first 15-minute call is free. State fees and publication costs are billed separately.
How long does a liquidation take?
It depends on the country and the company. The law sets periods such as the time creditors have to submit claims; we explain the timeline for your company in the review.
What if the company has debts?
Creditors are notified and their claims are settled as part of the liquidation. If the company cannot pay its debts, a different procedure may apply; we assess this in the review.
Who signs the liquidation documents?
The shareholders sign the decision to liquidate, and the appointed liquidator signs the filings. We prepare everything for signature and can act for you by power of attorney; where a country requires a notary, we book the appointment.
What do you need to close the company?
The latest accounts and registry details of the company, a list of its creditors and assets, and the shareholders’ decision to liquidate, which we draft for your signature.
Contact
Close your company properly
Tell us about the company you want to close. We reply with the likely approach and the next steps, and quote after a review.
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