Liquidation of a limited liability company in Russia

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Professional termination of activity

Liquidation of a legal entity

is a clearly structured process that requires strict compliance with all necessary formalities. Errors or oversights in this process can lead to both undesirable processes for the company and its participants, and significantly lengthen the procedure itself (and the liquidation period can only be extended beyond the time period allotted by law through the court). Our specialists have been successfully supporting liquidation processes for many years, including for foreign subsidiaries. We will provide you with everything you need to complete the liquidation procedure successfully and help you to manage with this complex process without wasting time and resources.

The main stages of liquidation of a limited liability company in Russia

The founder

1. makes a decision to liquidate, appoints a liquidator (or liquidation commission), and determines the terms of liquidation.

The company

2. notifies government authorities (sends information via Fedresurs) about the planned liquidation.

The tax authority

3. may initiate a tax audit. Further steps will be possible only after the tax audit is completed.

The Company:

4. publishes an official statement in the media and informs counterparties;
5. forms an interim liquidation balance;
6. completes and submits obligatory reports to social funds;
7. pays off all outstanding liabilities; the remainder may be paid to the participants;
8. forms the final liquidation balance.
9. The documents are submitted to the state archive.
Final official registration with the tax authority.

swilar – your reliable partner in doing business in Russia

Expert support

Our specialists have extensive experience in liquidating limited liability companies and guarantee compliance with all legal requirements.

Individual approach

We consider the specifics of each company and develop a unique liquidation strategy.

Legal support

We prepare all necessary documents and ensure compliance with all requirements. We provide consultations and recommendations.

Comprehensive support

The liquidation process requires the assistance of not only lawyers, but also qualified accountants (to form a liquidation balance, close all issues with the tax office, etc.) and financiers (to form a cash plan for the process, assess the budget and risks of the participants). Our team can fully cover the entire range of issues.