How to liquidate a company in Poland?
Liquidating a company in Poland can be done in two main ways: voluntary liquidation or through the bankruptcy procedure. Each of these options has its own features and requirements, and it is important to understand which one is most suitable for your situation.
In the case of voluntary liquidation, it is important that all company participants agree to close the business. This allows for a quick and court-free closure of the company. However, voluntary liquidation can be quite complicated, especially if there are dissatisfied participants or financial difficulties.
If the company cannot meet its obligations and is unable to repay its debts, it can be liquidated through the bankruptcy procedure. In this case, liquidation may be initiated by the court, and the process can be longer and more complex.
What needs to be done for company liquidation in Poland?
Company liquidation in Poland requires following certain procedures and stages. Here are the main steps you need to take for proper business closure:
- Agreement of participants or owner. The first step is to make the decision to liquidate. In the case of voluntary liquidation, the decision must be made by all company participants. If you are a sole entrepreneur, you can make this decision yourself.
- Submission of application to government authorities. Sole entrepreneurs must submit an application for liquidation to CEIDG (Central Register and Information on Economic Activity). The application can be submitted online, in person, or by mail within 7 days after the decision to liquidate.
- Repayment of debts and distribution of assets. If the company has debts, they must be settled before the liquidation process is completed. After that, assets, if any, are distributed among the participants or owners of the company.
- De-registration from other authorities. In addition to submitting the application to CEIDG, the company must be de-registered from tax authorities and other institutions with which it has interacted.
Are there any special features for sole entrepreneurs?
Sole entrepreneurs have their own specifics in the process of liquidating a business. In Poland, the liquidation procedure for a sole entrepreneur is quite simple and mainly involves submitting an application to CEIDG.
It is also important to close all tax accounts and fulfill other obligations before government authorities. This will help avoid fines and problems in the future.
Legal assistance in company liquidation in Poland
Liquidating a company is a complex process that requires knowledge of Polish legislation and experience in handling legal matters. Our law firm provides full legal support at every stage of liquidation: from helping you submit the application to CEIDG to representing your interests in court or other authorities.
We will assist you with all aspects of liquidation:
- Preparation of necessary liquidation documents.
- Consultations on choosing the best liquidation strategy.
- Repayment of debts and distribution of assets in accordance with current legislation.
Participants' meetings. Our lawyers will help organize and conduct meetings with participants to make the decision to liquidate the company, preparing all necessary documents for registration.
Financial asset analysis. We assist in performing a financial analysis of your company to accurately determine all debts and assets before liquidation.
Legal situation analysis. Our lawyers will conduct a legal analysis of your situation to help you choose the best liquidation strategy and avoid unnecessary costs.
Questions and answers
Question
What documents are required to liquidate a company in Poland?
Answer
To liquidate, you need to submit an application to CEIDG, as well as other documents such as the company's financial statements and debt repayment information. If necessary, you may need to contact the court.
Question
What should be done if the company cannot cover its debts?
Answer
In this case, bankruptcy procedures should be initiated, which can be started by a court decision. Our lawyers will provide necessary support during this process.
If you encounter difficulties with company liquidation, do not hesitate to contact us for a detailed consultation and legal support. Consultation phone: +380631688139
Company liquidation in Poland is a serious step that requires compliance with all legal requirements. A proper approach to the liquidation process will help avoid fines and ensure the smooth closure of your business. Contact our lawyers for qualified assistance.
