who to choose to close your business

By which professional to be accompanied to close his business?

Personalized providers can support a business leader for close your company. Even if the latter can do it alone, he also has the possibility of to be assisted. However, his choice is limited to the three professionals following: a lawyer, accountant or a online legal service. He will be able to carry out all the formalities in the name and on behalf of the company. Foundation-company-ricard presents the characteristics of each support for closing a business. The objective is to answer the question: Who to choose to close your company ?

Ask an accountant to close his company

If a company is accompanied by a accountant, she can ask him to put an end to its activities. The specialist must then mainly carry out an accounting function. This solution is often used by small organizations that have an accountant. Its main advantage is its simplicity of execution.

Already having access to the latest annual accounts, the accountant can then quickly carry out the liquefaction operations and easily establish the liquidation balance sheet. Subsequently, the law authorizes him to write legal documents and to carry out all the necessary steps for the cancellation of the company.

The inspection prices benefits of a accountant are generally close to average market prices. This professional costs less than an attorney but more expensive than an online legal service.

Benefit from legal support to close your company

Another way for an entrepreneur to end your business is to call on a law office. Indeed, these professionals have a monopoly in the drafting of deeds.

The lawyer is best able to deal with complex dissolution and liquidation processes. He takes care of closures that pose problems in certain areas (taxation and social law, for example).

The law firm is usually expensive. Nevertheless, it offers quality services for the most complex closures.

Closing the business with an Internet platform

It is possible to close your business by appealing to benefits by legaltech, Which is a internet platform. However, part of the tasks must be carried out by the company. Documents are usually produced automatically. The objective is to obtain a completely digital procedure. Guides and telephone help are available for those who need it.

Resort to a Legal Department online is the most advantageous solutions. A good knowledge of the subject is however necessary. The entrepreneur must in particular be able to draw up his liquidation accounts and calculate his bonus or his loss. A number of options are available to add to the accompanying offer.

Summary of actors authorized to close a business

Recipient Scope of tasks Pros and cons
Law office Can take care of all or part of the procedures Pretty expensive
Suitable for complex closures
Accountant Can take care of all or part of the procedures Fairly high cost
Reactive to process the file
Online service Only takes care of part of the process Least expensive solution
Suitable for simple closures
 

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Learn more about closing a company:

What type of professional can accompany me to close my business?

Reply :

A lawyer or an accountant specializing in business law can help you close your business.

What are the steps to take to close my business?

Reply :

The steps to take to close your business depend on its legal status. In general, it is necessary to publish a legal notice, liquidate assets, pay taxes and social charges, settle debts and claims and carry out administrative procedures.

What are the pros and cons of closing my business?

Reply :

The advantages of closing your business are that you will be able to save costs and be able to focus on new projects. The disadvantages are that you will no longer be able to benefit from the tax advantages and that you will have to pay certain debts and tax debts.

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