A company dissolved still has to fulfill some of its responsibilities. She must maintain a accounting and draw up annual accounts. Moreover, as long as it is not completely liquidated, it must provide a statement of results every year. Finally, if it still carries out an economic activity, it must declare and pay VAT due. Here is a summary of the accounting and tax obligations that persist during the period of dissolution of a business.
A business in progress liquidation can't ignore his annual accounting duties. The company must keep a sincere and regular keeping of its accounts for all operations performed. If the activity of the company continues at the time of the closing of the financial year, it must close annual accounts. It is also always mandatory to file these accounts with the registry of the commercial court.
Contrary to what one might think, it is not the directors of the company who draw up these annual accounts. Their mandate ends with the early dissolution. It should be remembered that, within the framework of an amicable procedure, the partners who vote for the dissolution at the same time appoint a amicable liquidator. The latter is then responsible for the powers of the leaders, including the establishment annual accounts. He must also submit to partners for approval.
A company in liquidation must always provide and transmit electronically la tax return generated during the previous year. It is therefore necessary to file as many annual tax declarations as there are accounting years closed before its definitive abolition.
The forms to complete are the same than those in force for companies in operation. This is the declaration of results (form 2065 for companies with IS or form 2031/2035 for companies with IR) and accounting and tax tables (No. 2033-A to 2033-G or No. ° 2050 to 2059-G).
The tax administration estimates that the disappearance of society does not have the same consequences a cessation of commercial activity. The definitive deletion takes place at the end of the closing of liquidation operations, when the partners approve the final accounts.
The company must declare, within 45 or 60 days of the closure of its establishments, the profits not yet taxed during the year. It is at this point that the notion of liquidation bonus (or mali).
As long as the company pursues a economic activity, she stays indebted value added tax (VAT). Thus, she must continue to file her VAT returns at the scheduled time. And it must, if necessary, pay tax it owes to the Public Treasury within the usual time limits.
A company taxed according to the general rules has a period of 30 days from the date of cessation of activity to make its last declaration and regularize the payment of VAT. This period increases to 60 days if the company is subject to the simplified real tax regime.
A1: Liquidation of a company is the process by which a company ceases its business activity and liquidates its assets to pay its debts and distribute the balance to the shareholders.
A2: The main effects of the liquidation of a company are the end of business activities, the dissolution of the company, the termination of contractual obligations and the distribution of remaining assets between creditors and shareholders.
A3: The obligations still in force for a company in liquidation include the payment of debts and taxes, the respect of existing contracts, the maintenance of registers and accounts, and the organization of the meeting of shareholders and creditors.
