It is possible to close a company (EURL or SASU, SARL, SAS, SA, SNC, etc.) to a reduced price by following certain instructions. The dissolution procedure comes in two stages: dissolution and liquidation. Each step has a cost. Foundation-company-ricard show you how finish your business at low cost :

  1. Pronounce the early dissolution and liquidate the company amicably
  2. Take care of the legal closing formalities yourself
  3. Turn to a legal platform and group your legal notices
close your company cheap

Early dissolution and amicable liquidation to close at a lower cost

There are several ways to terminate a society. The main ones are amicable liquidation and judicial liquidation. These procedures both lead to the abolition of the company but do not have quite the same characteristics.

Indeed, the voluntary liquidation offers a much gentler approach. It involves less cost. Here, it is the shareholders who appoint the liquidator. They can also decide, with his agreement, that he will not receive no compensation.

In judicial liquidation, several actors are involved. Unlike the amicable formula, it is the court that appoints the liquidator. His intervention is generally remunerated. However, there is a procedure for simplified judicial liquidation for small businesses, faster and less expensive.

Performing an early dissolution / amicable liquidation is therefore the way to close your company at a lower cost. However, this procedure requires certain criteria to be met. It is necessary in particular:

  • Que them associates agree to proceed with the early dissolution of the company, respecting the quorum and majority rules for “extraordinary” decisions,
  • And that the financial situation society is healthy, in other words that it is not in a state of cessation of payments (situation recognized when it cannot repay its debts with its assets).

Save on closing your business

It is possible to minimize the cost of closing a company by doing it yourself all the steps associated with dissolution – liquidation. You can't avoid some frais (such as the filing of the deregistration request for example – around 192 euros) but you can decrease spending related to professionals such as a lawyer, an accountant or a online platform, replacing them with your own knowledge. Here are the steps to follow to fence your business properly best price :

  • With regard to the formalities related to the dissolution:
    • Write the minutes of dissolution,
    • Write the notice of dissolution and send it to a newspaper for distribution,
    • Send a request for registration of modification to the registry of the commercial court,
  • With regard to the formalities related to the liquidation:
    • Establish liquidation accounts and calculate the liquidation result,
    • Write the liquidation report,
    • Proceed to the registration of the minutes in the event of a liquidation bonus,
    • Publish a legal notice of closure of liquidation,
    • Proceed with the possible sharing of equity,
    • Pay the sharing rights (2,5% of the liquidation bonus),
    • And ask the removal from the trade and companies register.

To lower the costs related to the closure of your business, take the steps yourself. This requires legal knowledge and the ability to customize templates. By following some bonnes pratiques, you will reach close your company at a lower cost.

How to save on closing your business?

Two tips can help you reduce costs: only carry outa single legal notice et use an inexpensive external service provider.

Publish a single legal announcement

In theory, it is necessary to make two separate legal announcements to close a company:

  • One to announce the dissolution of the company (about €178,80)
  • One to indicate its final disappearance (about €129,60)

It is possible, in some cases, to merge these two closure announcements. This solution is available for early dissolutions which end in an amicable liquidation and whose duration does not exceed one month. However, it is necessary to verify that the registry of the commercial court agrees to strike off a company using a single certificate of publication of a legal announcement.

Use the services of a legal platform

Sites offer close online companies : Legal Agency, Legalstart, Captain Contract, LegalPlace, Contract Factory… They offer attractive rates (approximately €150 excluding taxes, excluding disbursements). However, it is possible that the the amount final is higher than the basic price indicated, because certain options can increase the bill (insurance "anti-rejection" of the registry or telephone conversation with a lawyer, etc.).

 

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

 

Also read on the subject of company closure:

How to reduce the cost of closing your company?

Two tips can help you save money: a single legal notice et choose a low-cost external provider.

Unite the two announcements of dissolution-liquidation

In principle, it is necessary to publish two different legal announcements to close a company:

In certain circumstances, it is possible to putting these two closure announcements together not to form only one, which allows halve the costs. This solution only applies to early dissolutions which end in an amicable liquidation and whose duration is less than one month. However, it is necessary to inquire with the registry of the commercial court to verify that it agrees to strike off a company with a single certificate of publication of a legal announcement.

Use the services of a legal platform

Portals offer close online companies : Legal Agency, Legalstart, Captain Contract, LegalPlace, Contract Factory… They are characterized by low rates (approximately €150 excluding taxes, excluding disbursements). However, the the amount final may be higher than the displayed price, because it is possible to add options (“anti-rejection” insurance from the court office or telephone interview with a lawyer, etc.).

 

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

 

What is the procedure for closing your company at a low price?

A: A lawyer and an accountant should be contacted first to discuss the possibilities of closing and the associated costs. Next, it must be ensured that all the necessary documents and declarations are submitted to the competent authorities. Finally, payments must be made to cover taxes and company debts.

What are the most important steps to consider?

A: The most important things to consider are ensuring that all necessary declarations and documents are submitted to the proper authorities and settling taxes and company debts.

How to get free advice on closing your company?

A: Free advice on closing a business can be obtained by contacting a lawyer or accountant and by consulting online resources such as forums and information sites.

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