Liquidation of an LLC, legal entity and enterprise

Do you need to formally finish the activities of an individual or a company?

Liquidation is the legal method of formally finishing the activities of a company or of individual businessmen that requires minimal time and spending.

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+375 (29) 695-55-36 info@mkconsulting.by

We will help you to liquidate your organization quickly and without consequences.

When Liquidation is Necessary:

The economic goals of your company have been reached

The founder and the shareholders no longer desire to develop the enterprise in the given direction

A reduction in the number of business units within a company cluster is required

When you reach out to MK-Consulting for our legal entity liquidation services, you can be sure that the procedure will take place in accordance with the law. We will help you to complete all your commitments, resolve debt and creditor issues, and minimize the legal consequences of the procedure.

In the case that your company currently experiences debts that you will not be able to repay, liquidation is only possible via the bankruptcy procedure.

Work Order in the Procedure of Commercial Organization Procedure in the Republic of Belarus

Step 1.

Founders and shareholders make an official decision to liquidate the organization and to hire a professional liquidator - OOO* MK-Consulting.

Step 2.

Economic activity stops. The company director transfers all documentation, property and seals of the company to the liquidator.

Step 3.

The liquidator begins the turnkey procedure. If required, experts such as appraisers, accountants and other liquidation specialists may get involved.

Step 4.

Tax and other necessary audits are conducted, documents are archived, corporate seals are destroyed, bank accounts are terminated.

Step 5.

The verification of the completed liquidation procedure is transferred from the liquidator to the company director.

Deadlines

The average length of the liquidation procedure for a legal entity on the territory of Belarus is 2-3 months. However, the procedure may take as long as 9-12 months if the company is in debt, or as short as a few days if an official decision about the sale or the reorganization of the business had been made prior to the procedure.

Cost

The minimal starting price of liquidation services is 1200 Belarusian rubles (BYN).

Risks

Non-compliance with legislation during the liquidation procedure poses significant property-related, administrative, and criminal risks. For example, if the creditor has not been informed about the liquidation of the owing company, and it has already been removed from the Unified State Register (ЕГР) by the time he is made aware, responsible persons may be prosecuted on the basis of subsidiary liability.

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Why You Should Choose Us:

Delegating the task of liquidating your commercial organization to the MK-Consulting attorneys would be the smartest decision!

• More than 50 closed cases

• More than 400 successful lawsuits

• More than $10 millions in assets that were saved by or returned to our clients.

Our team:

• Three lawyers with significant professional experience, certified by the Ministry of Justice

• Two anti-crisis managers, certified by the Ministry of Economics

• Two tax consultants, taught and certified by the Ministry of Finances

Alexey Kubrakov

Director

Ekaterina Romashko

Bankruptcy Specialist

Olga Synkevych

Bankruptcy Specialist, Corporate Lawyer

You can be confident about the transparency of our work - the liquidator liability is insured!

Our Latest Cases

Trade Company

The company emerged out of the bankruptcy procedure with a positive balance and paid off the debt amounting to 40 000 Euro.

Construction Company

The director of the bankrupt company was no longer prosecuted for subsidiary liability based on the company’s pre-existing debts amounting to 25 000 Euro.

Wholesale Business Organization

The client was no longer prosecuted for subsidiary liability based on the company’s pre-existing debts amounting to 120 000 Euro.

The professionalism of “MK-Consulting” attorneys is supported by their work experience with various legal issues in all business types.

We only use legal instruments and methods when maintaining liquidation procedures in the Republic of Belarus!

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