Closing a company in Bulgaria. Liquidation lawyers in Bulgaria
We would like to speak about liquidation lawyers. Closing a Bulgarian trade company is not easy to be done. Especially if this company has got any trade activity or assets in Bulgaria. Our company and liquidation lawyers in Bulgaria call this ”liquidation of the company”. The entire procedure should be approved by Bulgarian court, according to Bulgarian Trade Law. This act regulates the requirements for performing the closing and liquidation of trade & legal companies in Bulgaria.
Our company and liquidation lawyers provide the information and consultancy necessary by giving advices for dissolving and liquidation of legal companies in Bulgaria. The preparation of the documents for liquidation procedures starts with the submitting an application for certificate of company liquidation in Bulgarian Tax Authority. We work with many foreign companies in Bulgaria. Our company and liquidation lawyers will submit an application for issuance of written certificate in the Bulgarian Trade Register. And this – together with the decision of the management body of the company concerning the liquidation matter. We prepare all the documents needed for election of the official liquidator. In addition, we pay attention to the deadlines of the entire liquidation time of your company.
The elected liquidator has to complete all started deals and legal transactions with the company trade partners. He/she ought to cover all the outstanding debts of the company to its creditors. Usually, the liquidator represents the company in liquidation in advance.
Liquidation lawyers in Bulgaria
do completion of the employees’ labor contracts in the company, complete all rest contracts, and so on. All the payments must be covered, too. The lawyers has to submit an annual finance report to Bulgarian commercial register.
We would like to inform you about some important tasks. First of all, we have to send invitations to all the creditors of the company, and to submit the invitation through our company and liquidation lawyers in Bulgarian Commercial Register. The creditors have about six months’ time to prepare and submit legal claims in the Bulgarian courts against the company before the company gets completely liquidated.
We are acting as a company and liquidation lawyers in Bulgaria. We are making a legal check every week for our clients in order to avoid any surprises. That is the main reason why we keep a close contacts to all our clients. We keep them informed about submitting the legal claims and start the litigation procedures of claiming the assets of the debtor’s company in liquidation. When the trial period of invitation to the creditors of the company expires, the company will be erased from the Bulgarian Commercial Register.
We can offer you accountancy services provided by qualified & certified accountants. In addition, we suggest you preparing the necessary accounting documents for the company liquidation in Bulgaria.
Every single case has got its legal specifics. If you need some assistance, call us now on + 359 2 858 -10-25