Company liquidation

Company liquidation and business transfer

The final owner of your company will be the Bulgarian-registered City Advisory 17 EOOD (207937974).

Company liquidation starts with a clear picture. We have combined Montex17’s transfer, obligation-review and closure information into one page to help you choose the right next step.

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Company liquidation: a route that fits your situation

When a company no longer serves your plans, consider both closure and a share sale. Montex17 helps assess assets, liabilities, records and owners’ objectives and coordinate an agreed transfer.

Company takeovers have been central to our existing service. The previous homepage’s 3,500+ experience figure and 48-hour message relate to the transfer service offering; a specific schedule must be confirmed after document review. Formal liquidation is different from a rapid ownership change.

Company liquidation or a share sale?

Liquidation aims to close the entity and eventually remove it from the register. A sale changes ownership, and the company may continue operating.

What is actually handed over?

The shares, management changes, documents and access rights must be defined before agreement. Personal guarantees and liability for earlier conduct require separate assessment.

Which matters can we help assess?

Company takeover

We assess the company’s condition and the possibility of acquiring the shares on agreed terms. The takeover scope and subsequent administration are recorded in writing.

Debts and claims

We map tax debts, supplier claims, loans and other liabilities. These must be disclosed before a transaction; a change of ownership does not erase debts.

Partner disagreements

If one shareholder wishes to remain and another to leave, we help clarify the transfer objective and information needed for an agreement.

Register details and discretion

We prepare agreed changes and handle enquiries discreetly. An ownership change cannot promise deletion of historical register information.

International structure

The Bulgarian structure mentioned on the earlier page is assessed against the transaction’s circumstances. Transfers and cross-border restructuring need a defined work plan.

Other previously listed services

Georgia-related business and tax questions, and Bulgarian visa or residence questions, are separate consultation topics. Conditions depend on the applicant and current rules.

Four steps from first enquiry to handover

01. Describe the situation

Send the registration number, business status and desired outcome. We aim for an initial assessment within 24 hours; complex matters may require further information.

02. Agree the route

We review documents and clarify price, timing, notarial requirements and scope. Terms should be understood before signing.

03. Formalise the agreement

We coordinate the agreed tasks and record responsibility for documents, contracts, access rights and subsequent work.

04. Hand over the outcome

We check completion and the allocation of remaining obligations. The outcome depends on whether the engagement was a sale or closure-related work.

Company liquidation: cost and timing

The service starts from €900. The final proposal depends on accounting records, documentation, assets, disputes and the chosen route. Notary fees, government charges, translations, bookkeeping and VAT treatment should be clarified separately.

Sale preparation depends primarily on documents and the parties’ readiness. Liquidation involves separate procedural steps and deadlines. We prepare a schedule for the specific company rather than relying solely on a general advertising timeframe.

What makes administration clearer?

One clear contact

Preparation questions are brought into one work plan so the next document or decision is identifiable.

Written terms

Scope, costs and the handover outcome are recorded. Additional tasks are discussed before proceeding.

Discreet communication

Information about the company is handled within the enquiry and agreed engagement.

A situation-specific approach

Transport, IT, property, wholesale, beauty and manufacturing businesses have different contracts and obligations. Assessment follows their actual content.

Which documents should you prepare?

Company liquidation or transfer assessment is more useful when records are up to date. Flag missing documents at the start.

  • Company name, registration number and contact person.
  • Latest balance sheet, profit and loss statement and outstanding filings.
  • Overview of assets, debts, claims and contracts.
  • Employee, shareholder and management information.
  • Personal guarantees, security and ongoing disputes.
  • Desired outcome and timeline.

When does the situation need closer review?

If the company cannot meet obligations, faces disputes or lacks important records, review these matters before choosing a route. A planned sale does not replace an insolvency assessment.

Keeping, selling and liquidating a company produce different outcomes. For an inactive company, compare the administration and costs of retaining it with your closure objective. Release from a personal guarantee requires separate review of the relevant terms.

Frequently asked questions

Does company liquidation always mean a sale?

No. A sale changes ownership. Liquidation arranges closure and an application for removal from the register.

Will the process finish in 48 hours?

The 48-hour message belongs to the earlier takeover offering, not the formal liquidation deadline. We confirm transaction timing after assessment.

Do you assess companies with debts?

Yes. Describe debt types, amounts and deadlines. An assessment does not guarantee a takeover or cancellation of debts.

Do I need to find a buyer?

You can discuss a takeover with Montex17. The decision depends on the company’s condition and the agreement.

Can everything be done remotely?

This depends on the parties, records and formalities. We agree the appropriate process beforehand.

Does a sale release my personal guarantee?

Not automatically. The security terms and possible release require separate review.

Will my name disappear from the register history?

Ownership changes do not mean deletion of historical register information. Register amendments and privacy are distinct matters.

What happens after I enquire?

We clarify company status, potential scope and proposal terms. You decide whether to engage after reviewing them.

MONTeX17 · Contact

Let’s discuss your next move.

Tell us about your business, preferred jurisdiction and timeline. We will agree the scope and prepare a tailored proposal.

Request a consultation
Emailinfo@montex17.euTelephone+372 5553 2978