Under Czech legislation, the proprietor has a right to terminate the existence of the company, both ways: through full legal liquidation (which assumes, that all debts, loans, tax and other disputes must be fully repaid), and without liquidation. The second option is available only if the enterprise itself in one way or another will continue its actual, but not a legal existence. Another words, if the successor company will be able to take over all the debts of the company that being liquidated by the state. Therefore, the second option is not easier than the first, as the proprietor will have a long way in preparing the documents for the transfer of debts from the old to the new enterprise.
FChain is ready to assist you at all stages of such a complex process. Having representatives in the Czech Republic, we offer you services of the most experienced lawyers that are able to provide you guaranteed solutions in all issues of liquidation of the company. Our specialists will prepare the documents for the closure of debt obligations and provide help in the drafting of the liquidation balance sheet. Also, we will monitor the presence of unreported balances and accompany the whole process of elimination, communicating with the public service for you. Relying on us you are making the right choice, because professional assistance in the closing down of an enterprise – the best solution for your business reputation.