Liquidation of a company (LLC) through sale to a non-resident

The ownership of the business company is transferred from the current founder to the new owner. Most often this method of liquidation through sale to a non-resident is used by limited liability companies.

Despite the simplicity and accessibility of such a procedure compared to bankruptcy, it also requires the assistance of lawyers. The Legal Solutions law firm employs highly qualified specialists who will carry out the liquidation procedure of LLC "turnkey".

The main advantages

Choosing this method of liquidation of LLC, the client receives a number of advantages:

• Compared to bankruptcy, which can drag on for several months or years, the liquidation of LLC through the sale to a foreign citizen takes from 2 working days.
• This method allows you to legally get rid of inspections of regulatory authorities.
• The former founder does not bear any responsibility for the obligations of the business company, except for criminal liability. After the transfer of rights, a non-resident is responsible for all obligations.

Since there are no requirements for the nominal location of the business owner on the territory of Ukraine, he can be in any country. Accordingly, it is difficult for the competent authorities to conduct a check.

In the meantime, lawyers will be able to restore order in the accounting documentation or conduct bankruptcy proceedings in accordance with the requirements of the law.

What services do we offer?

As part of the liquidation of a limited liability company through the sale of the legal entity to a non-resident, Legal Solutions lawyers provide the following services:

• consultations;
• analysis of documentation;
• selection of the optimal form of liquidation of the company;
• search for a buyer among non-residents of Ukraine;
• conducting negotiations, agreeing on the price;
• preparation of a package of documents for the sale of the business;
• legal support of the transaction;
• registration of changes.

What does the client get?

We provide comprehensive legal services and can fulfill any task "turnkey". You need a minimum of documents, a clear statement of the problem and a power of attorney for a lawyer of our company.

As a result, the client receives:

• updated extract from the Unified State Register of Legal Entities;
• contract of sale.

How is liquidation by sale of the company to a non-resident?

In fact, it is an express liquidation, which is carried out in the minimum time. The legal entity remains, but the owner changes.

The procedure of liquidation in this way passes in several stages:

• Analysis of documents, the choice of the optimal method of liquidation;
• preparation of a package of documents;
• search for a buyer;
• conclusion of the contract of sale;
• transfer of material assets to the new owner;
• carrying out the registration procedure for making changes to the Unified State Register.

In addition, the closing of existing bank accounts and the subsequent opening of new ones after the change of owners is carried out. 

Since the new owner in this method of liquidation is a foreign citizen, the documents will need to be translated into Ukrainian and notarized.

Liquidation of LLC through sale to a non-resident has a number of legal subtleties. To ensure that the procedure took place quickly and in strict compliance with current legislation, contact Legal Solutions. We know how to help you!