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Preparatory phase

  • Convention and holding of a general meeting, resolution on the discontinuation and liquidation of the German incorporation including key date;
  • Every corporation requires a liquidator. That role can be assumed by the former director or an external third party;
  • Announcement and registration of the liquidation with the trade register (notarial act).
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  • We prepare the shareholders' resolution on the liquidation and the respective key date;
  • Optionally, we can act as the liquidator;
  • We assist you in notarial matters and take care of announcement and registration of the liquidation.

Liquidation phase

  • Creation of an opening balance sheet for the liquidation, filing with financial authorities;
  • Announcement of the liquidation by one-time publication in the German Federal Gazette (public notice to creditors);
  • Observance of the statutory minimum liquidation period of 12 months;
  • Distribution of assets after the liquidation period and after satisfying and hedging all known creditors;
  • Creation of a closing balance sheet for the liquidation, filing of balance sheet and other related documents with financial authorities.
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  • We create and file the required opening balance sheet for the liquidation of your business;
  • Based on a power of attorney, all correspondence is directly handled by us;
  • We initiate the required publication without delay;
  • We organise and monitor the entire liquidation phase; Optionally, you may domicile your GmbH with us;
  • We analyse all outstanding agreements and execute the liquidation of your business (including personnel matters);
  • We create the closing balance sheet for the liquidation and take care of a timely filing with financial authorities.

Final phase

  • Liquidator notifies involved parties that the liquidation has been completed;
  • Filing for deletion from the trade register.
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  • We prepare all required notifications as well as the application for deletion from the trade register;
  • We provide you with a final confirmation of the deletion.

 

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