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Home»Real estate»How to close a company with zero balance liquidation of a company

How to close a company with zero balance liquidation of a company

December 26, 2024

In order to close the zero company, it is necessary to conduct a standard procedure for official liquidation. The only difference here is that the zero enterprise does not conduct any activity, does not make a profit and does not make any operations using the billing account.

Thanks to this, closing the zero company in an official way is much easier and faster than this happens to other enterprises. And in order for the process to go as simple as possible, it is necessary:

• lack of debts to various counterparties: commercial organizations, extra -budgetary funds and the state;

• so that the company conscientiously submit zero reports to the tax service during its existence.

Zero company closing procedure

Collection of documents. First of all, it is necessary to have a decision, a protocol of a decision on liquidation and a statement.

Sending documents to the registration authority.

Publication of a notification of closing a company in a special media.

The formation of an intermediate liquidation balance.

At this stage, the satisfaction of creditors’ requests follows. But in the case of a zero company there should not be, therefore, the final liquidation balance, payment of state. duties, final package of documents and receipt of a certificate of closing a company.

As you can see, in the case of the closure of the zero enterprise, the procedure passes quickly enough, without causing special complications, because there is no need to resolve issues with the requirements of creditors. However, the company’s specialists of the Corporate Law Center note that, despite the simplicity of closing the zero company, it is worth considering that, as in any procedure for official liquidation, a separate tax audit is provided here. First of all, it is aimed at identifying errors made in the conduct of the documentation, including the timely submission of reports to the tax. Thus, the slightest violations in the papers can lead to a complication of the liquidation process.

However, not all entrepreneurs use the official procedure in this case. Some prefer to resort to alternative methods. Among them, joining can be chosen if another company interested in such a procedure is found, or there may be a sale of the organization. The second option is more easy to perform, since it is quite simple to find a buyer of a ready -made company, especially if everything is in order with the jurisdiction and reports, and there are no debts.

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