Company liquidation services in Ukraine
Company liquidation, often referred to as winding up or dissolution, is the process of shutting down a company and allocating its assets to creditors and shareholders. This action is usually taken when a company can no longer sustain its operations, whether because of financial troubles, insolvency, or a choice made by the owners of the business.
The main objective of liquidation is to systematically conclude a company’s operations, settle its debts, and allocate any leftover assets to its stakeholders.
Liquidate the company with us
If you intend to liquidate your company in Ukraine, our specialists are ready to assist you. Easily traverse the complexities and ensure a smooth, efficient liquidation process. Take advantage of our extensive expertise for a hassle-free dissolution. Our skilled team manages all facets, including documentation, creditor claims, and asset distribution. Get in touch with us today to talk about your liquidation requirements and guarantee an effective wind-up in Ukraine.
Expert guidance at every step
During the business liquidation process in Ukraine, our committed team of specialists is here to assist you, offering guidance, support, and knowledge. From the first consultation to the final steps of dissolution, we are dedicated to ensuring a smooth experience for you. Our all-encompassing services are tailored to cover all aspects of the liquidation process, guaranteeing that you receive the necessary assistance at every step. With our team, you can approach the complexities of liquidation with confidence, assured that experienced professionals are managing your case with diligence and accuracy.
Personalized strategy
We customize our approach to fit your unique needs and goals, aligning your insolvency plan with the outcomes you wish to achieve. This individualized strategy guarantees that each phase of the liquidation process is structured to successfully reach your objectives.
Legal compliance
Our team expertly maneuvers through Ukraine’s intricate legal framework, guaranteeing that all paperwork, submissions, and processes adhere to local laws. We meticulously manage all legal obligations, minimizing the likelihood of issues and facilitating a seamless experience.
Financial expertise
Leveraging our extensive financial knowledge and valuation skills, we optimize asset value and reduce financial risks during the liquidation process. Our financial strategies aim to safeguard your interests while increasing the worth of your assets.
Effective communication
We prioritize clear and effective communication with all stakeholders, enabling a seamless and efficient insolvency process. Our method ensures that everyone is kept informed and involved, reducing misunderstandings and improving collaboration.
Specialized solutions for different legal entities
Our tailored solutions address the specific needs of different legal entities in Ukraine. Whether you are liquidating:
We modify our approaches to align with the unique legal and financial complexities of your business arrangement. This guarantees an efficient and compliant liquidation process tailored to the requirements of your entity. Rely on our expertise to navigate the specific challenges associated with your business type, delivering a smooth and effective wind-up.
Alternatives to liquidation
In addition to liquidation, companies have other options they can explore:
Selling the company
Rather than shutting down, a company might consider the possibility of selling its business operations or assets to another entity.
Administrative receivership
If a company defaults on secured debts, a creditor with a floating charge on its assets has the right to appoint an administrative receiver to handle and sell those assets in order to settle the debt.
Company voluntary arrangement (CVA)
This entails suggesting a formal arrangement with creditors to pay back debts within a defined time frame, all while enabling the company to keep operating.
Administration
Administration enables a company to undergo restructuring to recover from insolvency, permitting it to keep operating while being overseen by an administrator.
Director disqualification and company name restrictions
Directors may encounter disqualification proceedings if it is determined that they participated in wrongful or fraudulent behavior that resulted in the company’s liquidation. Such disqualification can prevent them from serving as directors for other companies for a defined duration. Additionally, following liquidation, there are limitations on the reuse of the company name. The name cannot be utilized for a new company unless authorized by the court or if a designated amount of time has elapsed.
Our attorneys are available to assist you with any of the following:
- Getting ready the paperwork needed to start the liquidation procedure.
- Removal of the business from the commercial register.
- Designating a professional liquidator to fulfill your needs.
Contact us now
Get in touch with us, and allow our expert team to lead you through a successful business insolvency in Ukraine. Together, we will skillfully manage the process, ensuring the best possible results and a seamless shift to your next venture.