COST FACTORS

Potential cost factors for our services include:

  • Assistance with winding down company operations (terminating employees, closing bank accounts, etc)
  • Filing of initial closure application
  • Provision of registered business address for final months, to allow recovery of office lease deposit.
  • Provision of accounting services (compliance reporting) for final months, while awaiting turn-in of tax and VAT registrations.
  • Service as liquidator
  • Providing advisory services to a company-furnished liquidator
  • Publication of required public announcements
  • Registered mailings to potential claimants
  • Documentation of required sequence of shareholder meetings
  • Assistance with financial close, in preparation for closure audit
  • Arranging and documenting final shareholders meeting to approve closure audit, and approve company closure
  • Filing of closure audit with Revenue Department and Ministry of Commerce
  • Filing of final closure application
  • Turn in of company tax and VAT registrations
  • Maintenance and retention of company records for five years.
  • Providing English translations of all key process documents.