The companies in Spain
can be liquidated
only in certain conditions, according to the local legislation, and there are
three major circumstances for this procedure. Our lawyers in Spain
can explain you the legal reasons for liquidation and they can help you follow
the legal procedure, no matter the type of company you want to close.
A Spanish attorney can represent you in front of the local
courts and he will provide legal assistance for all the issues you may
encounter during the liquidation procedure. The most common type of liquidation
is for limited liability companies that can be closed voluntarily in certain
conditions.
No matter the reason for dissolving a company, there is a
requirement for organizing a general meeting of the shareholders who will
discuss about the liquidation procedure and then a liquidator will be
appointed. His mission is to pay the creditors and to share the amount left to
the shareholders.
If you are interested in finding out more details
about the liquidation procedure, you may contact our specialists in
Spain.
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ReplyDeleteNice post it is really interesting. Winding up of a company or liquidation of company or voluntary winding up a company is the process of bringing a business to an end and distributing its assets to claimants. Vakilsearch offers the most reliable & tailor-made legal and compliance solutions. Contact us for free consultation any time.
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