Dissolving your business in the right way
Each country has its own legal procedure to formally close down a business. As a business owner, you may informally choose to halt all business activities and/or stop renewing your company annually. It is not a good way as your company does still exist, and you are still responsible for fulfilling your company statutory obligations and future liabilities. In addition, failing to comply with local regulation to maintain your company such as filing annual return, tax, accounting or auditing… would make you liable for potential government penalties and conviction.
Procedures and timeframes to legally dissolve a business differ from country to country, and need to be prepared properly before going through the process. Our company dissolution and restoration service can help you to deregister your business following a well-organized step-by-step guide, which can be executed easily, and complies with all local regulation. In case you want your business back, we can also support to reinstate your company.