If you no longer wish to continue operating a company, simplified voluntary liquidation may allow you to close it in an orderly manner, provided that the statutory conditions are met.
However, the process involves more than simply submitting a notification. Before the company can be closed, its accounting and tax position must be reviewed, outstanding items must be settled, and the necessary closing procedures, returns, and financial statements must be prepared.
Our simplified voluntary liquidation services include, among other things:
- a preliminary assessment of whether simplified voluntary liquidation is available to the company;
- reviewing its accounting and tax position;
- reviewing the accounting records and outstanding items;
- performing the accounting and tax tasks required to commence the liquidation;
- preparing the required returns and data submissions;
- performing the closing tasks connected with the liquidation;
- preparing the accounting sections of the required financial statements and closing documents;
- fulfilling the tax obligations connected with the company’s closure.
Our aim is not simply to close the company, but to conclude its affairs with its accounting and tax position properly settled.
Because once something has been closed, the last thing you want is to revisit it because of a letter from the Hungarian tax authority.