Written by Gio Saputra on 09/07/2024
The author’s views are entirely their own and may not always reflect the views of Putranto Alliance.
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The decision to dissolve a Limited Liability Company (LLC) may be influced by various factors. Apart from financial challenges, reasons for dissolution might include the decision from shareholders, restructuring within a corporate group, or strategic exits from local markets.
The process requires a thorough understanding of legal requirements and meticulous attention to detail. Our specialized Company Dissolution and Liquidation Service is designed to simplify this intricate procedure, ensuring a smooth and compliant dissolution process. With expert guidance and support, business owners can focus on their next ventures while we handle the complexities of the dissolution process.
Company dissolution is the formal process of legally terminating a business entity. This procedure involves a series of steps that must be followed to ensure compliance with local laws and regulation.
Company liquidation, as per Indonesian regulations governed by Law Number 40 Year 2007 concerning Limited Liability Company, involves dissolving a company as a legal entity. This process encompasses settling obligations to creditors and distributing remaining assets to shareholders. Initiated when a company ceases operations, liquidation indicates a definitive decision not to resume business in the future.
Our specialized Company Dissolution and Liquidation Service provides comprehensive support throughout the company dissolution process. Here’s how assistance can be tailored to meet specific needs:
The company’s assets are liquidated to settle outstanding liabilities to the respective creditors. After all of the liabilities are resolved, any remaining funds are distributed to shareholders as per the legal requirements.Toggle Content
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