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Closing an SAS online: how to do it?

Those who wish close their Simplified Joint Stock Company (SAS) on the Internet can carry out all the necessary formalities or entrust them to a third party. Whether they choose one or the other option, it is important to select a qualified and reliable provider. Legal platforms on the web, offering services at low prices, are an option to consider. However, it is preferable to hire a legal professional (lawyer, jurist or chartered accountant) to ensure quality treatment.

Associates who wish end their SAS on the Internet have several possibilities. They can take care of the procedures themselves or entrust them to a specialist. Whichever option you choose, it is essential to select a reliable and competent supplier. Online legal platforms offering services at affordable rates may be considered. However, it is wise to call on a legal professional (lawyer, jurist or chartered accountant) to benefit from quality treatment. Here is how to close an SAS online.

How do I dissolve an SAS online?

First of all, we must remember a basic rule. Closing an SAS voluntarily is only possible if the company has sufficient assets to cover its liabilities. In other words, if the court considers that the SAS is in cessation of payments, it must then decide liquidation judicial.

If the company satisfies all the requirements, the partners can close the partnership by themselves, or ask a professional to do so. In the first case, they will have to take care of the legal procedures planned for the end of life of the company and, fortunately, they will be able to do it online by resorting to a digital legal platform. This type of site automatically prepares in part the dissolution and closing procedures, provides model deeds to personalize and even takes care of the distribution of theclosing legal announcement.

When they opt to leave the work to a specialist, the partners must provide him with all the documents he needs to carry out his task (SAS statutes, liquidator's identity document, etc.). Simply, they can delegate all or part of the procedure to him.

How to close an SAS online

La closing an SAS on the Internet requires two main steps. There dissolution means the cessation of activity, while the closure of liquidation corresponds to the end of the company.

Carry out the dissolution of an SAS online

It is to all of associates to take the decision de dissolve their SAS. Even if the Law offers great freedom in terms of statutes, the closing of an SAS is a rule of public order. The conditions of majority and the methods of consultation are then those provided for in the statutes.

Then they have to write a record. In this document, they will also designate a liquidator whose mandate must be less than 3 years. The PV is no longer subject to a registration (formality abolished on January 1, 2021).

At the end of the meeting, the SAS must publish a notice of dissolution in a journal of legal announcements (JAL). The purpose of this announcement is to inform any interested person of the imminent end of the company.

Finally, the partners must file a modification file with the Trade and Companies Register (RCS). The file includes a copy of the minutes, a certificate of publication, a declaration of non-conviction by the liquidator, an M2 file, etc. He can submit to a online filing on infogreffe.fr.

Realize the liquidation of an SAS on the internet

Once dissolved, the SAS enters a period special called "liquidation". During this, the amicable liquidator will be the representative of the company. His mission will be to convene the partners within 6 months of his appointment. It will also have to sell assets, collect receivables, pay debts and provide accounts to partners. Once its work is completed, it must draw up liquidation accounts and determine the outcome of the liquidation. He then writes a report and calls the partners to a meeting.

During this meeting, he will have to ask them to decide on the following points:

  • Approval final liquidation accounts,
  • Ascertainment of the liquidation balance and division (if applicable),
  • Fencing liquidation operations.

The minutes require registration only if the liquidation result constitutes a Cute. In this case, the liquidator must carry out the equity sharing and the partners will be taxed on the surplus they have collected.

Finally, the SAS must issue another legal notice. This is a notice of closing of liquidation. This announcement must be published in the same JAL as the one that advertised the dissolution.

Request for removal of the SAS from the Trade and Companies Register (RCS)

A Joint stock company loses its legal personality when it is missing. For this, it is necessary to ask the registry of the commercial court to carry out its suppression of the RCS.

These steps can be done to home of the registry, by mail directly or online via the infogreffe portal. Online closing saves time. In order to close online, you must:

  • Create an account and install the proposed certificate,
  • Complete the "M4" form,
  • Upload the requested documents,
  • Pay the closing costs of the company with a bank card.
 

Do you want to close your business? use our partner service: I close online!

 

READ ALSO ABOUT THE FENCE OF A SAS:

Closing a SAS online can be complicated. It is therefore necessary to dissolve the company before liquidating it. Once the process is complete, the company will no longer exist. Support from a professional can be helpful. Online legal platforms generally offer good value for money.

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