Before the end of his mission, a amicable liquidator of an EURL must write a document and communicate it to sole partner. It is on the basis of this report that the latter can take a decision on the end of the liquidation proceedings. This guide provides you with all the necessary information about the EURL liquidation report.
Before his mandate end, the amicable liquidator of an EURL must produce a investigation report and provide it to thesole shareholder. It is on the basis of this document that the latter can render its verdict on the closure of the liquidation activities. Find out everything you need to know about the EURL liquidation report.
Approaching the end of his mandate, amicable liquidator of an EURL must develop a document and pass it on to his sole partner. It is on the basis of this report that the latter can take a decision on the end of the liquidation operations. This guide gives you all the information you need about the EURL liquidation report.
Before taking a final decision concerning the outcome of his EURL, the sole partner must declare his early dissolution. From this moment begins the liquidation period. It can be carried out “amicably” when the company is able to settle its debts without difficulty, thanks to the receivables to be collected and its fixed assets, inventories being sold.
Once the assets of the EURL have been settled, the amicable liquidator must establish a single account of liquidation. He must submit this accounting document for the approval of the sole shareholder. Usually, this account is accompanied by a report, called the wind up report.
It should be noted that the sole partner has the possibility of choosing the person he wishes as amicable liquidator. It can be itself. But it can also be the manager (if there is not one) or a third party external to the company. However, this possibility is not available in the event of judicial liquidation. In this case, it is the judge who appoints the liquidator.
The liquidation report of an EURL must contain various mandatory statements. First of all, it should recall the characteristics of the company (corporate name, objectives, registered office, share capital, unique identification number, etc.).
Then he must mention the topics on the agenda. These are the decisions that the manager presents for the approval of the sole shareholder. In this case, it is the approval of the liquidation accounts, the discharge to the liquidator and the final closing of the liquidation.
Finally, the amicable liquidator must indicate all the operations carried out during the liquidation period of the EURL. He must also provide the amount of the liquidation result, as well as its division – or not – or benefits of the sole shareholder.
In order to help you in the liquidation procedure of your EURL, Foundation-company-ricard offers you a free template document. Just copy and paste it and customize it to suit your situation:
Madam, Sir Sole Partner,
I have called you to discuss the following items, which we will discuss at the meeting:
– Approval of liquidation accounts
– Distribution of the liquidation amount;
– Discharge to the liquidator;
– Discharge of the mandate of the liquidator;
– Acknowledgment of the final closure of liquidation.You have chosen to dissolve the company early on [Effective date of dissolution]. Since then, I have carried out various liquidation operations. Below are them: [Description of liquidation operations].
In the presence of a liquidation bonus : The liquidation accounts show a positive balance of [Amount] euros, which I propose to allocate to you, as sole shareholder.
In the presence of a liquidation malpractice: The liquidation accounts show a positive balance of [Amount] euros. This amount is not sufficient to repay the entire share capital. Thus, I suggest that you receive this balance, as a sole shareholder.
If the sole shareholder cannot receive any reimbursement: The liquidation accounts show a negative balance of [Amount] euros. Consequently, no redemption of shares or allocation is possible.
You will also find articles on the dissolution-liquidation of an EURL:
