Service
Company liquidation
Company liquidation – correct, safe and stress-free
When closing a business, it is important to liquidate the company in full legal compliance. We handle every stage of the liquidation process — from preparing documents to removal from the register.
When is company liquidation necessary?
The business is no longer in use and there are no plans to restart it.
You want to avoid penalties for maintaining an inactive company.
The business structure or partners have changed.
The company is unprofitable and operations are being closed.
Our services include:
Providing consultations;
Preparing documents for the Register of Enterprises (UR);
Preparing and submitting reports to the State Revenue Service (VID);
Representing company interests before other institutions;
Acting as liquidator and managing accounts.
The liquidation process usually takes between 3 and 6 months, depending on the company’s situation and coordination with the VID.
Stop paying for a company you no longer use
We provide full legal support for company liquidation — without unnecessary bureaucracy, time-consuming processes, or stress. We take care of the paperwork, communication with authorities, and proper removal from the register — all in full compliance with Latvian law.
Why choose us?
Full management of the liquidation process
We take full responsibility for your company’s liquidation — from preparing and submitting documents to the Register of Enterprises to drafting final reports and closing matters with the State Revenue Service. You can rely on us to handle everything correctly and on time.
Individual approach
Every company and every situation is unique. We tailor our approach to your specific needs, advise on the most efficient solution, and help you avoid unnecessary costs or delays. With us, you’ll always know what is happening and why.
Legal and financial security
Our team works in full compliance with Latvian legislation, ensuring that the termination of your company carries no legal risks. We provide you with complete security and professional support at every stage of the process.
Frequently asked questions
The liquidation process usually takes 3 to 6 months, depending on the company’s structure, outstanding liabilities, and readiness of documentation. We manage the entire process and help speed it up as much as possible.
You’ll need company registration documents, articles of association, a shareholder/owner decision on liquidation, and information on any creditors. We assist in preparing and submitting all necessary documentation to the relevant institutions.
Yes, all tax and other financial obligations to the state and business partners must be fulfilled before liquidation can be completed. We help assess company liabilities and ensure everything is resolved properly.
No. We can represent you fully through power of attorney — both with authorities and in document handling. Liquidation can also be carried out remotely.
Proper liquidation protects you from potential penalties, unresolved obligations, and reputational risks. We ensure everything is done correctly, in line with the law, and with transparent documentation.
Our team
Turning the impossible into possible
Behind our achievements stands a professional and motivated team that delivers high-quality results every day while continuously developing new solutions. Meet the people who shape our story and create value for both our clients and our company.
Still have questions?
We’ll be happy to consult you and explain all the details.