Liquidation of LLCContractualfrom 3 business days

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In practice, there are often cases when it is easier and more profitable to close the LLC than to try with all efforts to restore the business, to make it prosperous and profitable. 

Law company "ZakonLviv" specializes in the liquidation of LLC. Our qualified lawyers will provide services at the highest level, at loyal prices.

Liquidation of LLC "turnkey": services of the company "ZakonLviv"

There are many reasons that precede the closing of a firm:

  • decision of the founders on termination of business activity;
  • low profitability of the enterprise;
  • numerous violations;
  • blocking the work of the enterprise by creditors;
  • the need to clear the tax history;
  • decision of the court or the Antimonopoly Committee.

Main ways of liquidation of LLC company

There are the following ways to close a company:

  1. Bankruptcy. Optimal option in the presence of debts. Conducted under the general or simplified schemes.
  2. Forced. In this order is the liquidation of the firm, when the founders hide from creditors.
  3. Voluntary. Before the termination of economic activity, accounts payable are repaid at the expense of assets.
  4. Reorganization or liquidation of LLC through sale. An alternative method, the so-called express liquidation.
  5. The registration procedure takes place within a few working days. The change of owner is formalized, the statutory documents are changed. The relevant information is entered into the Unified State Register of Legal Entities.

LLC liquidation procedure

Law company "ZakonLviv" offers 2 options of liquidation of enterprises:

  1. Express.
  2. By accompanying a tax audit.

Each of the methods has its own peculiarities. Services for the liquidation of an LLC in the express order include:

  • preparation of necessary documents;
  • search for buyers;
  • notarization of documents;
  • preparation of the sale and purchase agreement;
  • submission of documents for state registration;
  • obtaining an extract from the Unified State Register of Legal Entities.

In the case of liquidation through tax audit, we help:

  • close bank accounts;
  • obtain statements of accounts for the period of the company's activity;
  • dismiss employees;
  • close separate structural subdivisions;
  • create a liquidation commission;
  • prepare a package of documents;
  • undergo an unscheduled tax audit;
  • reconcile with the tax authorities;
  • pay debts; 
  • organize archiving of documents;
  • divide the balance of assets;
  • approve the liquidation balance sheet;
  • send the documents to the state registrar.

The procedure of LLC closing is a complicated procedure that requires time, financial expenses and legal assistance. To avoid all possible pitfalls, to comply with the requirements of the current legislation and minimize costs, contact the law company "ZakonLviv".

We provide services on liquidation of LLC at the highest level at affordable, democratic prices. With us the procedure of closing the enterprise will pass in the minimum terms and without problems. We will find the ideal solution for your business.

Frequently asked questions

How much does LLC liquidation cost in Lviv?
The cost depends on the company's debt load, number of founders, and whether the process is voluntary or involves bankruptcy proceedings under the Code of Ukraine on Bankruptcy Procedures; request a quote after a case review with Zakon Lviv.
How long does voluntary liquidation of an LLC take in Ukraine?
Voluntary liquidation typically takes 3 to 6 months from the decision to appoint a liquidation commission until the state registrar excludes the company from the Unified State Register, depending on creditor claims and tax audit timing.
What documents are needed to liquidate an LLC?
Founders need the decision on liquidation, an interim liquidation balance sheet, a final liquidation balance sheet, tax clearance confirmation, and an application to the state registrar or via a notary/TsNAP, plus corporate documents confirming the founders' and director's authority.
Can a foreign founder liquidate a company in Ukraine remotely?
Yes, a foreign founder can liquidate an LLC remotely by issuing a notarized and apostilled power of attorney to a Ukrainian lawyer, who then handles the liquidation commission, tax closure, and USR filing on their behalf.
What happens to company debts during liquidation?
During liquidation, the commission publishes a creditor notice, settles claims from remaining assets in the order set by law, and the LLC is excluded from the Unified State Register only after debts are settled or the founders agree on another lawful resolution; unresolved debt can trigger bankruptcy procedures instead.
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