What company liquidation is and when you need it
Liquidation is the formal procedure for closing a company: the liquidator settles with creditors, closes the books and taxes, remaining assets go to the shareholders, and then the company is deleted from the commercial register. It is needed when the business closes, a project ends or the company is no longer required.
How to close an s.r.o. in the Czech Republic: the steps
Review of the company, extraordinary accounts, the shareholders’ resolution before a notary and the liquidator’s appointment, the “v likvidaci” entry, the creditor notice and the mandatory period, settlements and final accounts, and the application for deletion. We handle each stage and explain it in plain language.
How long liquidation takes in the Czech Republic
A standard s.r.o. liquidation takes about 4–6 months — mainly because of the mandatory creditor period. Selling the company or a merger can be faster. The real timeline depends on the state of the books, debts, employees and VAT — we estimate it at the free consultation.
Liquidation for foreign owners
If you live abroad or cannot travel to Czechia, the process can be run under a power of attorney. We prepare the power of attorney, the apostille and the document translation in one office and talk to you in Ukrainian, Russian, Czech or English — no extra middlemen.
Why clients entrust company liquidation to Consult24
We run the process from the first review to the register extract and name the stages, timing and costs up front. Accounting, a registered address, translations and powers of attorney are all next door, so every question around liquidation is solved in one place. Our office at Jindřišská 831/2 is two minutes from Wenceslas Square.
How to start a liquidation
Call +420 799 565 977 or leave a request on the site — give us the company’s IČO and we will get back to you within a business day with the right option and the first steps.