Liquidation of a company is the termination of activity by deregistration of a company (UAB, MB, etc.) from the Register of Legal Entities. Usually, the liquidation procedure starts with the decision of the competent body, which decides to liquidate the company (UAB, MB, etc.), remove the director and appoint a liquidator. Liquidation of a company is the safest way to terminate the activity of a company (UAB, MB, etc.).
The liquidation procedure is possible only if the company (UAB, MB, etc.) has no debts and obligations. After the liquidation of the company (UAB, MB, etc.), the responsibility and the activity itself are not transferred to anyone. The liquidation process is quite long and consists of many stages, but you can make this process easier by entrusting this task to lawyers and financiers.
Contact us at the contacts below and we will take all necessary steps to liquidate the company.
UAB “Juriscon”
Konstitucijos pr. 23C-102, Vilnius
Tel. +370 614 22228
Email: info@juriscon.lt