Company and shareholders · Czechia and Slovakia

Company dissolution and liquidation

We guide your s.r.o. or a.s. through the entire dissolution and liquidation process, from the shareholders' resolution, commencement of liquidation and appointment of the liquidator through settlement of liabilities and receivables to removal from the Commercial Register. In Czechia and Slovakia, so the company ceases to exist properly and without lingering liability.

  • Lawyer admitted to both the Czech and Slovak Bar Associations
  • Through to removal from the register
  • Prices agreed upfront
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What we'll do for you

Complete management of dissolution and liquidation in Czechia or Slovakia through to removal from the register.

Select an item to see the details.

  • Initial consultation

    We assess the company, its liabilities and assets and explain whether liquidation or another procedure is appropriate.

  • Dissolution and commencement of liquidation

    We prepare the shareholders' resolution on dissolution and liquidation and registration of the liquidation.

  • Liquidator and creditors

    We coordinate the liquidator's appointment, statutory creditor notifications and filing of their claims.

  • Settlement

    We help settle liabilities and receivables, realise assets and distribute the liquidation surplus to shareholders.

  • Accounting and tax steps

    We coordinate the required financial statements and liquidation-related tax obligations with your accountant.

  • Removal from the register

    We prepare and file the application to remove the company from the Commercial Register and see the matter through.

Deliverablea company removed from the Commercial Register following proper liquidation

How it works

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  1. Consultationday 0

    We assess the company and recommend the most appropriate closure procedure.

  2. Liquidation

    We arrange commencement of liquidation, settle liabilities and assets and fulfil statutory obligations towards creditors.

  3. Removaldepending on the register

    Following settlement, we apply for removal and complete the company's closure properly.

within 24 hours Within 24 hours of your enquiry, we respond with the next steps and price. You pay nothing until then.
Czechia and Slovakia Liquidation under Czech and Slovak law from one firm — a lawyer admitted to both Bar Associations.
through to removal We handle the process through to removal from the register, rather than only the first resolution.

No-obligation enquiry

Ready to start?

Send us an enquiry. We reply within 24 hours with a price confirmation and next steps. The first 30-minute consultation is free and commits you to nothing.

  1. 1Send your enquiry via this form
  2. 2Within 24 h you get a price confirmation and plan
  3. 3We start work only after your approval
Mgr. Patrik Tulinský, LL.M. Czech and Slovak attorney · SAK 300422 · ČAK 19654

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What clients ask

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How does company liquidation work?

Shareholders resolve to dissolve the company and enter liquidation, a liquidator is appointed and the company enters liquidation with the designation in liquidation. The liquidator realises assets, settles liabilities and receivables and notifies creditors. After settlement, the company is removed from the register. We guide you throughout.

How long does liquidation take?

This depends on the complexity of assets and liabilities and statutory periods for creditors to file claims. A straightforward liquidation generally takes several months. We provide a realistic estimate after the initial assessment.

What if the company has more debts than assets?

If the company is over-indebted or insolvent, bankruptcy rather than liquidation may be appropriate. We assess this at the outset — the wrong approach to an over-indebted company can create liability for its statutory officer. We recommend a route that protects you.

What is the difference between dissolution with and without liquidation?

Dissolution with liquidation means realising company assets, settling liabilities and distributing the remainder to shareholders. A company may cease to exist without liquidation, for example through a merger or where it has no assets. We assess the appropriate procedure for your situation.

Is a managing director or shareholder liable after the company ceases to exist?

Following proper liquidation, liabilities generally cease with the company. However, liability risks arise from an improper procedure, concealed assets or an over-indebted company that should have entered bankruptcy. We manage liquidation to avoid these risks.

Is it better for a shareholder to liquidate the company or sell the business interest?

This is not only about price — the two routes have different tax consequences, often significantly so. In liquidation, the shareholder generally cannot use the acquisition cost of the interest in the same way as in a sale, and the liquidation surplus has its own tax regime. On a sale, the difference between the price and contribution or acquisition cost is taxed. We therefore compare the options before liquidation begins, while a choice remains; afterwards, it generally does not. A tax adviser should calculate the specific figures, and we are happy to involve one.

Does unused minimum tax credit expire on liquidation?

Yes. Under § 46b(8) of the Income Tax Act, entitlement to minimum tax credit expires when the taxpayer enters liquidation, just as upon entering bankruptcy or dissolution without liquidation. If the company records such a credit, timing is worth considering; nothing can be done with it after liquidation begins. For mergers, see Does a new company formed by merger pay minimum tax in its first year?.

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