Liquidation of a joint stock company (OJSC, CJSC, PAO)

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One of the ways to terminate the activity of a joint stock company is its liquidation. Unlike reorganization, the company ceases to operate completely, without legal succession. Closure of companies is regulated by the Civil and Commercial Codes, as well as the Law on State Registration of Legal Entities, Physical Entrepreneurs and Public Entities.

Liquidation of joint stock companies can be both voluntary and forced - in connection with bankruptcy or violation of the law

In accordance with Ukrainian laws there are several ways to close a JSC:

• on the initiative of the owner or persons authorized by him;
• by decision of the founders of the company or their legal successors;
• when the company is recognized as bankrupt;
• upon expiration of the term for which the JSC was established or upon achievement of its objectives;
• by court decision;
• in case of cancelation of state registration.

Liquidation of JSC, CJSC, PAO, PJSC and is usually associated with a lot of nuances, as well as with the registration of an impressive list of documents. You cannot do without legal assistance in this case. Employees of Legal Solutions are ready to provide a full range of services related to the termination of joint stock companies. Ordering support of the liquidation procedure with us, you will save time for collection of documentation and multiple visits to state structures. We will help you to close the company with your minimal participation. The term of liquidation of a joint stock company is from 90 days.

The decision on liquidation is made by the liquidation commission of the enterprise, registration is carried out by the SCSSM bodies. After three days after the establishment, the commission publishes information about the termination of the enterprise in a special supplement of the newspaper "Uryadoviy Kur'ier" or another publication of the authorities or local government. The announcement specifies the deadline for creditors to file claims, which should be at least two months.

What documents are needed to close JSC, CJSC, PAO?

• A completed registration card for liquidation.
• Certificate of state registration of the company.
• Constituent documents.
• Act of the liquidation commission with the liquidation balance sheet.
• Certificates from the tax office, pension fund, social insurance fund on the absence of debts.
• Passports and TIN of the director, founders, accountant.
• Certificate from the archives on the acceptance of documents for long-term storage.
• Documents from the bank on the movement of funds on the account.

What is included in the complex of our services for the liquidation of joint stock companies?

• Consultations and explanations in connection with the procedure of closing the JSC.
• Preparation of the necessary package of documents.
• Submission of documents to the registration, fiscal authorities, pension fund and social insurance fund.
• Obtaining certificates from the relevant authorities on the absence of debts.
• Obtaining permission to destroy the seal.
• Payment of state duties and fees provided for the registration of liquidation.
• Passing the procedure of registration of liquidation of JSC.

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