Organising the dissolution and liquidation of your company, association or foundation.
Dissolution and liquidation in a single deed or ordinary voluntary liquidation: from the preliminary analysis to the closing formalities.
Ceasing activity does not automatically bring the legal existence of a company, association or foundation to an end. Its disappearance requires a dissolution procedure and, in principle, a liquidation, intended to settle the legal entity’s commitments, realise or distribute its assets and organise its final closure.
The Corporate House assists shareholders, managers and directors throughout this process, from the preliminary analysis of the legal and financial position to the completion of the closing formalities. Our aim is to ensure a proper liquidation, in compliance with the Companies and Associations Code, creditors’ rights and the interests of the parties concerned.
Dissolution and liquidation in a single deed
Under certain conditions, the Companies and Associations Code allows dissolution and the closure of liquidation to take place in a single deed, without opening an ordinary liquidation procedure.
This simplified procedure may be considered in particular where activities have ceased, the accounting and financial position is sufficiently clear and the legal entity’s commitments can be settled in accordance with the legal requirements.
We examine whether the conditions for this procedure are met, prepare the necessary resolutions and deeds, and coordinate the preparation of the required accounting documents, reports and certificates with the relevant professionals. We also follow up the legal filings and publications.
Ordinary voluntary liquidation
Where the conditions for dissolution and liquidation in a single deed are not met, an ordinary liquidation procedure must be organised.
This includes in particular the decision to dissolve, the appointment of a liquidator, the realisation of assets, the settlement of liabilities and the allocation of the remaining assets, in accordance with the applicable legal and statutory provisions.
The Corporate House assists the competent bodies in preparing the decisions and organising the procedure. We also assist liquidators in carrying out their duties, in particular on matters relating to contracts, creditors, liability and liquidation transactions.
Our work includes following up the legal formalities, in coordination with notaries, chartered accountants, auditors and the other professionals involved.
Our approach
Each liquidation begins with a review of the legal entity’s legal, accounting and financial position, its commitments and the objectives of the competent persons or bodies.
On that basis, The Corporate House determines the appropriate procedure and supports its implementation, from the preparation of the deeds and resolutions to the completion of the closing formalities.