Services Magrat

Liquidation balance and distribution plan

Preparation of liquidation balance sheet and property distribution plan. Comply with the law and avoid penalties by filing the financial statements required during the liquidation process on time.

 390
document
Experts
Andrei Novikov
Ruslans Lihmans
  • Legal filings regarding liquidation have to be made.
  • All annual reports preceding the year of liquidation must be submitted.
  • preparation of the company’s opening balance sheet prior to the liquidation process
  • preparation of the final balance sheet prior to distribution of the remaining assets to the shareholders
  • preparation of assets distribution plan

At the beginning of the liquidation process, the opening balance sheet is submitted to the e-Business Register. Then, not earlier than 4 months after the liquidation notification is published on the state portal (https://www.ametlikudteadaanded.ee/), the final balance sheet and assets distribution plan are submitted to e-Business Register.

Main requirements
  • Legal filings regarding liquidation have to be made.
  • All annual reports preceding the year of liquidation must be submitted.
Included
  • preparation of the company’s opening balance sheet prior to the liquidation process
  • preparation of the final balance sheet prior to distribution of the remaining assets to the shareholders
  • preparation of assets distribution plan
Timing

At the beginning of the liquidation process, the opening balance sheet is submitted to the e-Business Register. Then, not earlier than 4 months after the liquidation notification is published on the state portal (https://www.ametlikudteadaanded.ee/), the final balance sheet and assets distribution plan are submitted to e-Business Register.