Is your commercial or financial company ineffective? Although Luxembourg is an attractive country, sometimes, it is necessary to dissolve the company.
We take care of the modification of the Articles of Association if needed.
For your head office
Preparation of minutes and official resolutions for all your companies
Organize and attend meetings of the Board of Directors and General Assembly
of changes of Director or Manager of changes of Director or Manager
Manage statutory registers and company books
The cessation of activity takes place in two stages: The decision to dissolve the company and the liquidation phase.
Types of dissolution and liquidation of companies in Luxembourg are as follows:
The voluntary dissolution of a legal person in Luxembourg is decided by an extraordinary general meeting. It is a common decision to put an end to any commercial activity. That may occur, if the business purpose is considered as terminated, the business activity is defined for a specified term, because of unsatisfactory business results, or the business did not comply with its legal requirements.
The compulsory liquidation / Bankruptcy occurs when the dissolution of the company is imposed by a court decision. The court decision can be taken in the name of one or more partners / shareholders or at the request of a prosecutor if the company has broken the law.
Prosperity Group can guide you through these procedures in Luxembourg.
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