Close your business
Closing a business is sometimes a must. How to do it the easiest way? Read what is necessary to do.
First, it is necessary to differentiate two basic terms – dissolution and termination. A business corporation’s existence is terminated on the day of its erasure from the Commercial Register, however each such termination is preceded by a dissolution process, consisting of several sub-stages depending on whether the corporation is to be dissolved with or without liquidation.
Change of business entity
The text gives details of the two basic methods of the change of the business entity – the transfer of an interest in a company and the transfer of a certain part of the business activities. In addition, the text contains other information and useful links relating to these issues.