Company liquidation

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Are you planning to leave the Ukrainian market? SCHNEIDER GROUP offers comprehensive services on company liquidation, and advises on other possible solutions, such as temporary business suspension.

Liquidation in Ukraine is quite a long and complicated procedure. Our experts in all areas of law, accounting, taxation, and HR will help you to minimise risks, maintain proper communication with state authorities, and solve all financial and labour issues.

Flexible options and full support

SCHNEIDER GROUP provides comprehensive support to help you go through liquidation in full compliance with the requirements of Ukrainian law. We support you throughout the process, from informing state authorities on the start of the liquidation to closing bank accounts and making changes to the company profile in the Unified State Registry of Legal Entities, Private Entrepreneurs and Public Associations.

However, liquidation is not the only option. If you plan to return to the market and keep your legal entity dormant, SCHNEIDER GROUP can provide you with a legal address for correspondence, submit quarterly and annual reports, and appoint one of our experts as an interim CEO to sign all necessary documents.

What you get

RISK ANALYSIS

We will analyse your company’s reporting over the last three years and review existing accounting and tax practices to identify risks. We will provide recommendations for improvements, and ensure full and timely reporting, which allows the liquidation to be carried out without delay.

EMPLOYEE LAYOFF

We will ensure that the dismissal of employees is legally compliant and prepare all necessary documents for that. We offer your business full support in negotiations with employees, handling labour disputes and calculation of compensation packages.

FULL SUPPORT

We provide full legal support throughout the liquidation, from filing applications with state authorities to preparing final reports.

LIQUIDATION MANAGER

Our local experts will oversee the liquidation in compliance with local legislation. They will sign documents, represent your business before state authorities, and communicate with creditors on your behalf. This option based on hourly rates is more efficient than hiring a full-time liquidator.

POSTAL ADDRESS

After dismissal of employees, there is no need to rent an office. We will provide a legal address for your business to save on rent and ensure timely receipt and processing of all incoming correspondence.

ACCOUNTING AND REPORTING

According to legislation, quarterly reports have to be submitted even if a company does not have any commercial activity. SCHNEIDER GROUP’s experts take on accounting and tax reporting until the liquidation is completed, and offer preparation of special liquidation reports, such as a liquidation balance sheet and cash flow forecast.

Why Schneider group

COMPREHENSIVE APPROACH

Our team of experienced professionals will handle every aspect of company liquidation, and can engage specialists in labour law, migration law, corporate law, and other areas to solve complicated issues.

FLEXIBLE SOLUTIONS

We tailor proven solutions to our clients' needs, and build strong long-term relationships. We can take on the whole process of liquidation, or provide only a targeted consultation if you already have own resources or preferred suppliers for specific services.

PERSONAL MANAGER

Each client of SCHNEIDER GROUP is assigned a personal manager who will respond to all inquiries via your preferred communication channels, and coordinate with other SCHNEIDER GROUP departments to solve local problems.

RELOCATION SUPPORT

Liquidation of your business in Ukraine is only part of the picture. In addition, we offer a wide range of consultations and professional advice on business relocation, using our local knowledge, contacts and networks.

About SCHNEIDER GROUP

Since 2006 SCHNEIDER GROUP has been supporting international companies expanding to Ukraine. Our portfolio includes a full scope of services: from market analysis and partner search to complete accounting outsourcing, legal and tax consulting, and interim management services. We take over all non-core business functions so that our clients can focus on developing their business. We help our clients establishing subsidiaries in Ukraine compliant with local legislative requirements and transparent for international management. Our experts offer advice on best practices to optimise processes, reduce risks and minimise costs.

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