Closing down a limited company-unlimited

What

Deletion from the Registry of Business Entities can be made after: procedure of liquidation or forced liquidation, conclusion of the bankruptcy proceedings, a founder made a decision on termination and status changes.
Duration process of closing down a business lasts minimum 120 days.
During this process, the interest of company represents liquidation manager.

Steps

Step 1: Liquidation process – registration application and liquidation announcement, decision to liquidate, proof of payment for the registration application. Initiation has to be led by the decision of the assembly members of a limited liability company. Liquidation begins on the date of registrating decision and posting ads on initiating liquidation. Liquidation process is ended when Serbian Business Registers Agency issues the decision.

Step 2: Bankruptcy is ex officio process. Registration: bankruptcy proceedings data changes, deletion of the entity due to the completion of bankruptcy.

Step 3: Decisions or termination of the founders – Registration: decision to strike or proof of termination, proof of termination of tax obligations issued by the competent tax authority, confirmation that the company is removed from the register of VAT payers or declaration that the company is not a registered VAT payer, proof of payment for the deletion of the entity.

Step 4: Termination of the company as a result of status changes.

Where

Belgrade, Serbia