Monday, June 4, 2018

Documents to be submitted for SIA liquidation





Why businesses eliminate their SIA?Some of the businesses come to the point where they decide to eliminate their SIA. There can be a plenty of reasons for that.

Liquidation is done out in two stages. The decision of termination and winding-up proceedings is taken by the meeting of shareholders.

The liquidator's duties are performed by the Board of the Company unless the participant has decided to appoint another person as a liquidator. A company may appoint one or more natural persons as liquidators.

Documents to be submitted for SIA liquidation:
  • Application Form KR13
  • Meeting minutes or decision (signatures must be certified)
  • Liquidator's consent to take office (not to be submitted if the current member of the Board becomes a liquidator) (to certify signatures)
  • A voucher or a copy of it, or an internet bank payment, or information about payment of the state fee

If an entry in the commercial register for termination is made on the basis of a decision of the State Revenue Service or the Register of Enterprises or if the company ceases on the basis of a court ruling and no interested party has recommended the liquidator candidate to the court, the person interested in liquidation may apply for the appointment of the liquidator . In this case, an application to be submitted, a notarized or a secure electronic signature and time stamp signed by the liquidator's consent to hold a position, as well as a receipt or other information regarding payment of the state fee to the Treasury's account.


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