How to close a company?

Close your own business is even more difficult,than to open a new business. Sometimes you have to resort to the help of lawyers who know how to close a firm. But even if you decide to discontinue the company on its own, you should take into account a lot of nuances related to the status of your company.

Closing a firm with debts

If you want to close a company that hasdebts, you must decide on a method. The legislation provides for several ways to close a firm with debts, and one of them is the complete liquidation of an enterprise through a bankruptcy procedure. It is a complex and lengthy process that can stretch from six months to several years. In order to carry out the liquidation of a firm with debts through bankruptcy, you need a statement that the debtor is filing in court, or creditors or state bodies. After this, the court establishes supervision over the enterprise, appoints procedures for financial recovery. If external control does not produce results, the next step of the action begins. Based on the decisions made at the meeting of creditors, as well as the reports of the arbitration administrator, the court decides to liquidate the firm.

Closing of LLC

There are several ways to close a companyLLC: this is the decision of the founders, or the court decision due to bankruptcy. If you do not intend to go through bankruptcy, and close the company yourself, first of all you must hold a meeting of the founders and take a protocol decision to close the company. After verifying the report from the notary, you treat him with a tax. Also a document is sent to the tax service, in which the liquidation commission is represented. After that, in printed publications information is published on the liquidation of your company. When all the company's debts are paid, its property is sold.

Closure of the zero company

Some entrepreneurs mistakenly believe thatIf the firm did not conduct any economic activity for a long period, it automatically self-destructs. This is not so, since the procedure of how to close a zero firm is no different from the elimination of a normal full-fledged firm. Stages of closure of such an enterprise provide for all the same decision of the founders, a message to the tax service and the media. And despite the fact that the firm may not even have bank accounts, careful inspections will take a very long time, and if it turns out that the owner did not submit any report, he will have to pay a fine. Everything happens because opening your own business is much easier and cheaper than closing it.

Before embarking on an official procedureliquidation of a company, you should think it through very well, after all, after your firm is entered in the appropriate register, you can not stop the liquidation process.

Closing of the one-day company

If you are concerned about how to close a companyone-day, which exists only on paper, and in reality does not lead independent activity, you will soon have to think about alternative procedures. Since formal liquidation will take a very long time and entails countless checks, you can resort, for example, to the procedure of merging with another enterprise. Even the sale of such a firm will be more profitable and faster. A lot of entrepreneurs just "forget" about their company and stop reporting. This method is fraught with trouble, because later you can face the consequences. There are a lot of semi-legal methods for liquidating a firm, but choosing them, you must fully understand the risk associated with them.