Free review of your situation — within one business day

Company liquidation in the Czech Republic — turnkey

We close your s.r.o. lawfully and without unnecessary risk: from the shareholders’ resolution and the notary to deletion from the commercial register. We run the whole process ourselves — no trip to Czechia needed.

Step 1

Free review: debts, assets, employees

Step 2

Notary resolution, “v likvidaci” entry

Step 3

Creditors, taxes, final balance sheet

Done

Company deleted from the register ✓

Office in central Prague 4.9 on Google Maps IČO: 23949210
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4–6 months
typical s.r.o. liquidation time
7 stages
from resolution to deletion from the register
from 40,000 Kč
liquidation cost
4.9★
Google rating

What is company liquidation in the Czech Republic

Liquidation is the formal procedure for closing a legal entity: the company settles with its creditors, closes its books and taxes, and is then deleted from the commercial register (obchodní rejstřík). The procedure is governed by the Civil Code (No. 89/2012 Sb.) and the Business Corporations Act (No. 90/2012 Sb.).

Closing the company through liquidation

  • The company is removed from the register — reporting and contribution duties end
  • Debts and obligations are settled officially, with no claims against shareholders or the director
  • Remaining assets are lawfully distributed among the shareholders
  • You get a court decision and a register extract — proof for banks and partners

“Abandoning” the company without liquidation

  • The duty to file accounts and tax returns does not go away
  • Fines, penalties and contributions keep piling up — up to enforcement measures
  • The director and shareholders remain liable for inaction and debts
  • You will have to close the company later with accumulated problems — which costs more

How to close a company in the Czech Republic: 4 ways

Liquidation is not the only route. At the consultation we pick the option that fits your situation: debts, assets, timing and whether you want to keep the company

How an s.r.o. liquidation works: 7 stages

The whole path from the first consultation to the register extract — you always know where we are and what comes next

1

Review and preparation

We check debts, assets, contracts, employees and VAT status. We prepare a plan and a cost estimate — you see the whole path before work starts

1–2 weeks
2

Extraordinary accounts

The books are closed as of the day before liquidation starts: we prepare extraordinary financial statements (mimořádná účetní závěrka)

1–2 weeks
3

Shareholders’ resolution and liquidator

Shareholders decide on liquidation before a notary (notářský zápis) and appoint a liquidator. If you are abroad, a power of attorney is enough

1 day at the notary
4

The “v likvidaci” entry

We file the documents with the registry court — “v likvidaci” is added to the company name; from then on the company is in liquidation and only the liquidator acts

usually up to 2 weeks
5

Creditors and settlements

We publish the notice to creditors (Obchodní věstník) and notify known ones. We observe the mandatory period, terminate contracts, settle debts and close accounts

from 3 months
6

Final documents and taxes

We prepare the final accounts and the liquidator’s report, file the tax return for the liquidation period and deregister the company with the tax office and insurers

2–4 weeks
7

Deletion from the register

We file the application for deletion from the commercial register (návrh na výmaz). After the court decision the company ceases to exist — you receive the extract

usually up to 2 weeks

How long it takes

What you need to get started

It is fine if some papers are missing — we will recover them. For the first consultation, the company name or IČO is enough

  • Company name and IČO — we check the data in the register and ARES ourselves
  • Passport or ID of the shareholders (owners) and the director
  • Founding documents (společenská smlouva) and the latest shareholder resolutions
  • Accounting: financial statements, tax returns, access to the accountant or accounting software
  • Access to the bank account and the company’s datová schránka (data box)
  • A list of debts, contracts, employees and assets — if there are any
  • A power of attorney (plná moc) if a shareholder cannot come — we prepare it for you

What we take care of

You make the decisions — we do the rest and keep you informed at every stage

  • Review of the company and choice of the closing route — liquidation, sale or merger
  • Arranging the notarial resolution and appointing the liquidator
  • Preparing all documents and filing with the registry court
  • Notice to creditors and correspondence with them
  • Closing the books, tax return, deregistration with the tax office and insurers
  • Final documents and the application for deletion from the register
  • Translations, apostilles and powers of attorney for foreign owners — in one office

How much does company liquidation cost in the Czech Republic

The exact price depends on the company itself, so we agree the final estimate after a free review — you know what you pay for before work begins

Our work: from 40,000 Kč. The first review and consultation are free.

What affects the price

The size and “age” of the company, the state of past accounting, employees, VAT status, debts and assets, and whether a power of attorney, apostille and document translation are needed.

What is paid separately

Notary services, creditor notices and state fees. We show these costs in the estimate in advance so there are no surprises.

What our work includes

Review, preparing and filing documents, dealing with the notary, the court, the tax office and insurers, closing the books, and support until the register extract.

How to get the exact price

Leave a request or call us. Give us the company’s IČO — we will quickly tell you which route fits and what it will cost and how long it will take.

Mistakes that delay a liquidation

These come up most often. We check them in advance so you do not lose months

Unfinished accounting and filings

If accounts and tax returns for past years were not filed, the register and the tax office will stop the process. We put the books in order first.

Hidden debts and obligations

Debts to the tax office, insurers, suppliers or employees surface during the creditor stage. We check them in advance and choose the right route.

Shareholders’ documents that do not match

Outdated data, expired passports, foreign documents without an apostille and translation. We prepare everything correctly from the start — translation and apostille are both available in our office.

Liquidation while insolvent

If the company cannot pay its debts, ordinary liquidation is not allowed. Carrying on “out of habit” is risky — we tell you in time when insolvency proceedings are needed.

Employees, VAT, lease contracts

Dismissals, closing the VAT registration and terminating leases and service contracts must be done in the right order and on time.

Waiting for it to “sort itself out”

A dormant company does not disappear from the register on its own. While it exists, obligations and risks keep growing — it is simpler to close it right away.

Who handles your liquidation

Consult24 lawyers and consultants — available at every stage, not only at the start

The Consult24 team — lawyers and consultants in Prague

Every client has a named person on the team — you always know who to call and never retell your story

Prague trusts us

Our office rating on Google Maps — based on real client reviews

4.9
★★★★★

Consult 24 Global s.r.o. · Jindřišská 831/2, Prague 1

Read reviews on Google Maps →
65+reviews on Google Maps
from 40,000 Kčliquidation cost
4 languagesRussian, Ukrainian, Czech, English
All in one placeliquidation, translation, apostille, power of attorney
  • Consult 24 Global s.r.o., IČO 23949210
  • Office at Jindřišská 831/2 — visit us in person or handle everything remotely
  • We also help with s.r.o. registration, accounting and a registered address

Frequently asked questions about company liquidation in the Czech Republic

Did not find an answer? Call us — we will advise on your situation

Usually 4–6 months. Most of the time is the mandatory creditor period — at least 3 months after the notice. The other stages (notary, register entry, final accounts, deletion) take weeks. With employees, debts, assets or VAT the process can be longer.
Company liquidation with us starts from 40,000 Kč. The final price depends on the company: the state of the books, employees, VAT, debts, and whether a power of attorney and document translation are needed. Notary services, creditor notices and state fees are paid separately. We give an exact estimate after a free review — leave a request or call us.
Yes, and it is even simpler. But a “dormant” company must still be closed officially: while it stays in the register, reporting and tax duties remain. We check what has been filed and what has not, and put the documents in order before liquidation starts.
It depends on the size of the debts. If the assets cover what is owed to creditors, ordinary liquidation is possible. If the company is insolvent, the law requires an insolvency petition (insolvenční návrh) — liquidation cannot continue in that case. At the consultation we assess the situation and suggest a safe route.
Not necessarily. The shareholders’ resolution is made before a notary, but a shareholder can take part under a power of attorney (plná moc) with a certified signature and, where needed, an apostille. We prepare the power of attorney, apostille and document translation in our office.
The liquidator is appointed by the shareholders’ resolution. It can be a shareholder, the director or another person who meets the legal requirements. At the consultation we advise whom to appoint in your situation and prepare all the liquidator’s documents.
The company will not disappear from the register on its own. Reporting, tax and contribution duties remain, fines accumulate, and the director and shareholders stay liable. Closing such a company later is harder and costlier, so it is better to do it right away.
In a liquidation the company ceases to exist; in a sale the s.r.o. keeps operating under a new owner. A sale is usually faster (weeks, not months) and suits “clean” companies without debts. We advise which option is more profitable and safer in your case.
Before or during liquidation, employees must be dismissed, the tax office and insurers paid, lease and service contracts terminated and the VAT registration closed. Any money left after settling with creditors is distributed among the shareholders and the account is closed. We handle all of it in the right order.
A sole-trader business is closed more simply: no liquidation, just a notification to the trade licensing office (Živnostenský úřad), then you close the books and settle with the tax office and insurers. If you need help closing it, leave a request and we will explain the steps.

Need to close a company in the Czech Republic?

A free review — we will tell you which route fits you, how long it takes and what to prepare

Get a consultation +420 799 565 977

Our office on the map

Jindřišská 831/2, Prague 1 — 2 minutes from Wenceslas Square

Entrance to the Consult24 office — Jindřišská 831/2, Prague 1
Jindřišská 831/2, Prague 13rd floor, office 353

Consult 24 client reviews

4.9 out of 5 on Google Maps — 65+ client reviews

Company liquidation in the Czech Republic — what to know

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.

Consult 24 Global s.r.o. — a private company providing consulting and legal services. We are not a government body and are not affiliated with the authorities of the Czech Republic. The decision to delete a company from the commercial register is made solely by the registry court; tax and insurance matters are decided by the relevant state authorities. We prepare and file documents and represent your interests. Final decisions rest with the authorities and we cannot influence them. Terms and conditions are approximate and depend on the specific company.

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