I want to close my business. What is the procedure?

Liquidation of company
  • What do you get: Stops with performance of the business activity for which it was established and deletion from Business Registers Agency
  • Why do you need it: In order to close the company, its business and further tax obligations
  • What happens if you do not do it: There is a risk of illiquidity, increase in liabilities and the threat of bankruptcy.

Clients can understand which laws are relevant and important, who initiates the procedure and how does it develop in a detailed step-by-step presentation below and finally, will be provided with a link to other relative legal services.

Duration

137 days

Cost

Steps

  1. Reaching the decision on the liquidation and on appointing liquidation administrator
  2. Registration of the decision on liquidation and publication of the announcement on initiating liquidation
  3. Notifying creditors and reporting of the claims
  4. Adoption and registration of initial liquidation report and initial liquidation balance
  5. Settlement of claims and adoption of decision on termination of liquidation
  6. Termination of liquidation

Requirements

  • Registration application forms
  • Proof that all tax liabilities of the company are settled issued by the competent tax authority (a certificate issued by the competent organizational unit of the Tax Administration of the RS and a certificate of the tax administration of the competent unit of local self-government)
  • Certificate that the company has been deleted from the register of VAT payers or a statement of the liquidation manager that company is not a registered VAT payer
  • Power of attorney

Templates

  • Next to be included
For further and more detailed information on the above we recommend that you contact an Advocate.
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Cessation of entrepreneur
  • What do you get: Stops with performance of the business activity for which it was established and deletion from Business Registers Agency
  • Why do you need it: In order to close the company, its business and further tax obligations
  • What happens if you do not do it: There is a risk of illiquidity, increase in liabilities and the threat of over – indebtedness.

Clients can understand which laws are relevant and important, who initiates the procedure and how does it develop in a detailed step-by-step presentation below and finally, will be provided with a link to other relative legal services.

Duration

16 days

Cost

Administration fees:

  • Tax certificate fee (Tax administration of RS) – RSD 680,00
  • Tax certificate fee (Local tax administration) – RSD 320,00

Steps

  1. Collect the required documents
  2. Filing of the application form and submitting the application
  3. Decision on deletion of the entrepreneur

Requirements

  • Registration application form for deletion of the entrepreneur
  • Proof that all tax liabilities of the entrepreneur are settled issued by the competent tax authority (a certificate issued by the competent organizational unit of the Tax Administration of the RS and a certificate of the tax administration of the competent unit of local self-government)
  • Certificate that the entrepreneur has been deleted from the register of VAT payers or a statement of the entrepreneur that he was not a registered VAT payer
  • Power of attorney

Templates

  • Next to be included
For further and more detailed information on the above we recommend that you contact an Advocate.
Click here if you want to be linked to an Advocate

Register First

If you registered before Log-in to continue