{"id":2746,"date":"2026-02-28T11:57:56","date_gmt":"2026-02-28T09:57:56","guid":{"rendered":"https:\/\/uronline.lv\/?p=2746"},"modified":"2026-03-04T18:52:00","modified_gmt":"2026-03-04T16:52:00","slug":"liquidation-of-the-emergency-fund-step-by-step","status":"publish","type":"post","link":"https:\/\/uronline.lv\/en\/liquidation-of-the-emergency-fund-step-by-step\/","title":{"rendered":"Liquidation of a Company (Ltd) 2026: Step-by-Step Guide"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"2746\" class=\"elementor elementor-2746\" data-elementor-post-type=\"post\">\n\t\t\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-46849c7 e-flex e-con-boxed e-con e-parent\" data-id=\"46849c7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c31ec96 elementor-widget elementor-widget-image\" data-id=\"c31ec96\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"671\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg\" class=\"attachment-large size-large wp-image-4227\" alt=\"Liquidation of the company SIA 2026\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg 940w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026-300x251.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026-768x644.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026-14x12.jpg 14w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026-600x503.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a15316f elementor-widget elementor-widget-heading\" data-id=\"a15316f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Company Liquidation (Ltd) 2026: Step by Step Guide<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2719b2e elementor-align-center elementor-widget elementor-widget-post-info\" data-id=\"2719b2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-c3dd86c elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/uronline.lv\/en\/author\/jurists\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\tlawyer J\u0101nis Liepi\u0146\u0161\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-85f0f73 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/uronline.lv\/en\/2026\/02\/28\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>February 28, 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-63c2a2f0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"63c2a2f0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-338d016\" data-id=\"338d016\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-37698cfa elementor-widget elementor-widget-text-editor\" data-id=\"37698cfa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Winding up a company, especially a liquidation of an LLC in Latvia, can seem like a complicated and even stressful process. However, with a proper understanding of the procedures and by following specific steps, it can be done efficiently and without unnecessary problems.<\/p><p>In this article, we present a clear step-by-step guide to the liquidation of an LLC, helping entrepreneurs, accountants and other stakeholders to navigate the process.<\/p><p>Here you will find all the information you need about the liquidation process, the documents required and the costs.<\/p><p>Manual to comply with changes <a href=\"https:\/\/likumi.lv\/ta\/id\/5490-komerclikums\">Commercial Law<\/a>, which enters into force on 01.01.2026.<\/p><p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-782a7b32 elementor-widget elementor-widget-image\" data-id=\"782a7b32\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"93\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-768x93.jpg\" class=\"attachment-medium_large size-medium_large wp-image-4225\" alt=\"\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-768x93.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-300x36.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-1024x123.jpg 1024w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-18x2.jpg 18w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-600x72.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026.jpg 1262w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-3cb133bc e-flex e-con-boxed e-con e-parent\" data-id=\"3cb133bc\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1bd32de9 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"1bd32de9\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h5&quot;,&quot;h6&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;marker_view&quot;:&quot;numbers&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tContents\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__1bd32de9\" aria-expanded=\"true\" aria-label=\"Open table of contents\" data-no-translation-aria-label=\"\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__1bd32de9\" aria-expanded=\"true\" aria-label=\"Close table of contents\" data-no-translation-aria-label=\"\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__1bd32de9\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-f332a83 e-flex e-con-boxed e-con e-parent\" data-id=\"f332a83\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dc9d7f8 elementor-widget elementor-widget-heading\" data-id=\"dc9d7f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">6 Steps to Liquidating a Limited Liability Partnership: Quick Checklist<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-182f362 elementor-widget elementor-widget-text-editor\" data-id=\"182f362\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Before you start the process, make sure you have everything you need for a quick liquidation:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc4970a elementor-widget elementor-widget-heading\" data-id=\"cc4970a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Commencement of winding-up and appointment of a liquidator<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de540d8 elementor-widget elementor-widget-text-editor\" data-id=\"de540d8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Prepare two key documents:<\/span><\/p>\n<ul class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Decision of the Participants<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0(or protocol)<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Application form KR13<\/span><\/strong><\/p>\n<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4b8720 elementor-widget elementor-widget-text-editor\" data-id=\"b4b8720\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"col col-sm-9 col-md-10\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The liquidation of an LLC starts with a resolution of the members' meeting, which requires a 2\/3 majority and appoints a liquidator.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">The decision must state that the company is going out of business. The liquidator is usually the current member of the board, but another person can be appointed. The liquidator has all the rights and obligations of a member of the management board during the proceedings.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d73054f elementor-widget elementor-widget-heading\" data-id=\"d73054f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Submission of documents to the Register of Companies (stage 1)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a5314a elementor-widget elementor-widget-text-editor\" data-id=\"2a5314a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The documents for the commencement of liquidation must be submitted to the Registrar of Companies within three working days of the decision.<\/span><\/strong><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">At this stage, the application form KR13, the minutes of the meeting of the members or the decision must be submitted, and the stamp duty of 30.00EUR must be paid. After registration of the documents, the UR sends a notification to the official publication \"Latvijas V\u0113stnesis\".<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-96eee98 elementor-widget elementor-widget-heading\" data-id=\"96eee98\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Information and application to creditors<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c485a6 elementor-widget elementor-widget-text-editor\" data-id=\"3c485a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The time limit for creditors' claims may not be less than one month and not more than three months after publication of the notice.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">The notice gives creditors a specific period during which they can lodge their claims against the company. The liquidator is responsible for informing all known creditors personally, without relying solely on publication.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e950ef elementor-widget elementor-widget-heading\" data-id=\"2e950ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Liquidation financial statement and balance sheet<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-081fe84 elementor-widget elementor-widget-text-editor\" data-id=\"081fe84\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Make sure you are up to date with the NHS and that all reports and accounts have been submitted.<\/p>\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The winding-up financial statements must be prepared at least one month after the decision of the Official Court of the Republic of Latvia to wind up the company is taken.<\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8afa0cd elementor-widget elementor-widget-heading\" data-id=\"8afa0cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Distribution of assets to members<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95a35e1 elementor-widget elementor-widget-text-editor\" data-id=\"95a35e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The remaining assets of the company may be distributed among the members after creditors' claims, if any, have been satisfied.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">All creditors must be paid in full and all tax debts owed to the State must be settled before the property can be distributed. Only after these obligations have been met can the participants receive their share according to the distribution plan.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b218191 elementor-widget elementor-widget-heading\" data-id=\"b218191\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">6. Complete exclusion of the company from the Commercial Register (Stage 2)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3c221b elementor-widget elementor-widget-text-editor\" data-id=\"a3c221b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The final step in the liquidation of a limited liability company is to submit an application to the Register of Companies to have the company removed from the register.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">The application (form KR14) is submitted only when all the previous steps have been completed, the archives have been deposited and the bank accounts have been closed. After the decision of the UR, the company ceases to exist legally.<\/span><\/p><p>No more stamp duty.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-11beedc e-flex e-con-boxed e-con e-parent\" data-id=\"11beedc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-33438b0 elementor-widget elementor-widget-heading\" data-id=\"33438b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a winding-up?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-4f1fd59 e-flex e-con-boxed e-con e-parent\" data-id=\"4f1fd59\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-76326f7 elementor-widget elementor-widget-text-editor\" data-id=\"76326f7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Winding-up is a voluntary process for the complete dissolution of a legal person, which, unlike insolvency, presupposes that the company has sufficient or no assets to cover all its debts and liabilities.<\/span><\/strong><\/p><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The key difference between these two processes lies in the financial situation of the company:<\/span><\/p><ul class=\"ng-star-inserted\"><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Liquidation (by the company itself):<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0It is a conscious decision by the members to go out of business. The main condition is that the company must be able to pay all creditors, employees and the state (taxes). If, in the course of the process, it turns out that there is not enough money to pay all the debts, the liquidator is obliged to file for insolvency proceedings in court.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Insolvency:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0It is an involuntary or unavoidable process that starts when a company can no longer meet its debts. In this case, a court-appointed administrator, rather than a liquidator of the liquidator's own choice, manages the process, with the aim of distributing existing (insufficient) funds as fairly as possible among creditors.<\/span><\/p><\/li><\/ul><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Liquidation is thus the \"orderly\" closing of a company, sorting out all liabilities and then legally removing the company from the register of companies.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6d5b046 elementor-widget elementor-widget-text-editor\" data-id=\"6d5b046\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The liquidation of a company in Latvia is primarily governed by <a href=\"https:\/\/likumi.lv\/ta\/id\/5490-komerclikums\">Commercial law<\/a>. In addition, it is important to take into account other laws, regulations and institutions, such as the Companies Registry (UR) and the State Revenue Service (SRS). The liquidator is the main person responsible for ensuring the liquidation process and his duties and responsibilities are clearly defined by law.<\/p><p>It is important to keep abreast of changes in legislation to ensure compliance with current requirements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-479468e e-flex e-con-boxed e-con e-parent\" data-id=\"479468e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a9fd2c7 elementor-widget elementor-widget-heading\" data-id=\"a9fd2c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is important to know before winding up a company?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-2ffd1667 e-flex e-con-boxed e-con e-parent\" data-id=\"2ffd1667\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-470f6ad8 elementor-widget elementor-widget-text-editor\" data-id=\"470f6ad8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Before starting the liquidation process, it is important to make sure that the company has no outstanding debts and that all its accounts are in order, as this process is irreversible and involves a full settlement with all creditors and the State.<\/span><\/strong><\/p><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Here are the main points to consider before starting the formal process:<\/span><\/p><ul class=\"ng-star-inserted\"><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Solvency:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0Liquidation can only be carried out if the assets of the LLC are sufficient to cover all debts. If there are insufficient assets, insolvency proceedings must be filed, not liquidation.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Liquidator's liability:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0The person who takes over as liquidator (often an existing board member) becomes legally responsible for the entire process, the accuracy of the paperwork and the payment of debts.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Duration:<\/span><\/strong><span class=\"ng-star-inserted\"> Liquidation is not immediate - it takes at least 1 month due to the deadline for creditors to apply and for financial statements to be prepared. Normally, a company can be wound up within 2 months.<\/span><\/p><\/li><li><strong>Active collateral:\u00a0<\/strong><strong><span class=\"ng-star-inserted\">Before entering liquidation, it is advisable to carry out a preventive check of the company's up-to-date registers in order to plan in good time for the settlement of liabilities and the removal of collateral.<\/span><\/strong><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b80f10e elementor-widget elementor-widget-text-editor\" data-id=\"b80f10e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>It is also important to settle all your obligations with the SRS:\u00a0<\/strong><\/p><ul><li>have paid taxes<\/li><li>all reports and accounts must be handed over.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-d51498f e-flex e-con-boxed e-con e-parent\" data-id=\"d51498f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cc70573 elementor-widget elementor-widget-text-editor\" data-id=\"cc70573\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This information can be easily verified <a href=\"https:\/\/eds.vid.gov.lv\/login\/\">In the SRS Electronic Declaration System (EDS)<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-d9d7322 e-flex e-con-boxed e-con e-parent\" data-id=\"d9d7322\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3af16c7 elementor-widget elementor-widget-text-editor\" data-id=\"3af16c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"text-decoration: underline;\">For information on taxes, see <em>PAYMENTS\u00a0<\/em>and information on reviews in <em>REMINDERS<\/em>.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e25b254 elementor-widget elementor-widget-image\" data-id=\"e25b254\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"96\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-maksajumi-un-atgadinajumi-1024x123.jpg\" class=\"attachment-large size-large wp-image-2769\" alt=\"\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-maksajumi-un-atgadinajumi-1024x123.jpg 1024w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-maksajumi-un-atgadinajumi-300x36.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-maksajumi-un-atgadinajumi-768x92.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-maksajumi-un-atgadinajumi-1536x185.jpg 1536w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-maksajumi-un-atgadinajumi-2048x247.jpg 2048w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-maksajumi-un-atgadinajumi-1320x159.jpg 1320w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-maksajumi-un-atgadinajumi-600x72.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-a43852c e-flex e-con-boxed e-con e-parent\" data-id=\"a43852c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bac0a4d elementor-widget elementor-widget-text-editor\" data-id=\"bac0a4d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"text-decoration: underline;\">You can check information from the SRS at <em>CORRESPONDENCE WITH VID<\/em>.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-863cb73 elementor-widget elementor-widget-image\" data-id=\"863cb73\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"152\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-sarakste-1024x195.jpg\" class=\"attachment-large size-large wp-image-2770\" alt=\"\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-sarakste-1024x195.jpg 1024w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-sarakste-300x57.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-sarakste-768x146.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-sarakste-1536x292.jpg 1536w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-sarakste-2048x390.jpg 2048w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-sarakste-1320x251.jpg 1320w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/vid-sarakste-600x114.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-a25ec69 e-flex e-con-boxed e-con e-parent\" data-id=\"a25ec69\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a748f02 elementor-widget elementor-widget-heading\" data-id=\"a748f02\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Winding-up of a company (limited liability company) Stage 1<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-c69f814 e-flex e-con-boxed e-con e-parent\" data-id=\"c69f814\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5ab2a1e elementor-widget elementor-widget-text-editor\" data-id=\"5ab2a1e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The first stage of the liquidation of a limited liability company is the formal start of the process, where the members decide on the dissolution, appoint a liquidator and apply to the Registrar of Companies.<\/span><\/strong><\/p><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">At this stage, the company legally notifies the State and third parties of its intention to cease economic activity. The process starts with a meeting of the members, at which a decision to liquidate is taken by a majority of at least two-thirds of the votes cast (unless the articles of association provide for a higher number). At the same time, a liquidator is appointed - a person who will run the company from now on instead of the board of directors, taking care of all property and debt matters.<\/span><\/p><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Once the decision has been taken, an application (form KR18) must be filed with the Registrar of Companies within three working days, together with the minutes of the meeting. After this stage, the name of the company is officially marked \"in liquidation\" and the information is published in the Latvian Official Gazette to inform all potential creditors.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-5e9d8ea e-flex e-con-boxed e-con e-parent\" data-id=\"5e9d8ea\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cd8cd5a elementor-widget elementor-widget-heading\" data-id=\"cd8cd5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Winding-up documents for a company (limited liability company) - Stage 1<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-cfce950 e-flex e-con-boxed e-con e-parent\" data-id=\"cfce950\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-2e8c737 e-con-full e-flex e-con e-child\" data-id=\"2e8c737\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2054f92 elementor-widget elementor-widget-text-editor\" data-id=\"2054f92\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The following documents must be submitted to the UR for the liquidation of the Company (SIA):<\/p><p><span style=\"text-decoration: underline;\">Decision to wind up the company\u00a0<\/span><\/p><p><span style=\"text-decoration: underline;\">Attaching the liquidator<\/span><\/p><p><span style=\"text-decoration: underline;\">Winding-up application form KR13<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-34f0907 e-con-full e-flex e-con e-child\" data-id=\"34f0907\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-89a3eb5 elementor-widget elementor-widget-accordion\" data-id=\"89a3eb5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1441\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1441\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">1. Decision on Winding-up<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1441\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1441\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2789 size-large\" title=\"decision to wind up the company\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/lemums-par-likvidaciju-1024x936.jpg\" alt=\"decision to wind up the company\" width=\"800\" height=\"731\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/lemums-par-likvidaciju-1024x936.jpg 1024w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/lemums-par-likvidaciju-300x274.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/lemums-par-likvidaciju-768x702.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/lemums-par-likvidaciju-600x548.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/lemums-par-likvidaciju.jpg 1302w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p><p>The decision to wind up the company is taken by a member (if there is only 1) or by a meeting of members.<\/p><p>Remember that you can participate in meetings remotely.<br \/>This decision is the basis for future actions, so it is important to get it right.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1442\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1442\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">2. Appointment of the Liquidator<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1442\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1442\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2790 size-large\" title=\"consent of the liquidator\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/likvidatora-piekrisana-1024x826.jpg\" alt=\"consent of the liquidator\" width=\"800\" height=\"645\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/likvidatora-piekrisana-1024x826.jpg 1024w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/likvidatora-piekrisana-300x242.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/likvidatora-piekrisana-768x620.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/likvidatora-piekrisana-1320x1065.jpg 1320w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/likvidatora-piekrisana-600x484.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/likvidatora-piekrisana.jpg 1460w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p><p>A member of the Management Board or another person may be appointed liquidator.<\/p><p>This statement may also be included in the application form KR13, so a separate document may not be required.<\/p><p>When selecting a liquidator, it must be ensured that he is competent and capable of carrying out this responsible task.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1443\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1443\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">3. Winding-up application form KR13<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1443\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1443\"><p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4240 size-large\" title=\"KR13 form\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR13-veidlapa-716x1024.jpg\" alt=\"KR13 form\" width=\"716\" height=\"1024\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR13-veidlapa-716x1024.jpg 716w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR13-veidlapa-210x300.jpg 210w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR13-veidlapa-768x1098.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR13-veidlapa-8x12.jpg 8w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR13-veidlapa-600x858.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR13-veidlapa.jpg 832w\" sizes=\"(max-width: 716px) 100vw, 716px\" \/>\u00a0<\/p><p>The application form KR13 shall be signed by the liquidator.<\/p><p>Creditors must be given a deadline to submit their claims (1-3 months). The deadline for creditors to submit their claims is at least one month.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-df3dde3 e-flex e-con-boxed e-con e-parent\" data-id=\"df3dde3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-411b5de elementor-widget elementor-widget-heading\" data-id=\"411b5de\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Submission of the Company Liquidation Documents to the Register of Companies (UR)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-2f4006b e-flex e-con-boxed e-con e-parent\" data-id=\"2f4006b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-261ecb3 elementor-widget elementor-widget-text-editor\" data-id=\"261ecb3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Paper filing with the Register of Companies is a thing of the past. <strong>Documents are no longer accepted in person.<\/strong><\/p><p>However, if you want to file on paper, you have to pay for an expensive notary and send the documents by post.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-d2fe729 e-con-full e-flex e-con e-child\" data-id=\"d2fe729\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-52c762e elementor-widget elementor-widget-text-editor\" data-id=\"52c762e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The liquidation process of the company is carried out electronically on the registrs.ur.gov.lv portal by submitting electronically signed documents and paying the state fee of EUR 30.oo.<\/span><\/strong><\/p><p><strong>In the e-service.<\/strong><br \/>Documents must be submitted <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">Register of companies<\/a> on the services portal.<br \/>Documents must be signed with an eSignature on a smart card (eID or eSignature card) or on the eParaksts mobile portal <a href=\"https:\/\/www.eparaksts.lv\/lv\/\">www.eparaksts.lv<\/a><br \/>Get your answer via an e-service or e-address.<\/p><p><strong>Send electronically signed documents <a href=\"https:\/\/latvija.gov.lv\/Content\/Eadrese\">e-adres\u0113<\/a> or by email to the Register of Companies.\u00a0<\/strong><\/p><p>e-address is a more secure channel of communication between the individual and the state than email<\/p><p><strong>By post.<\/strong><br \/>Signed documents can be sent to the Register of Companies by post.<br \/>The payment order for the stamp duty must be enclosed in the consignment.<\/p><p>J<strong>note that only notarised documents can be sent in this way, which significantly increases the cost of registering the association.<\/strong><\/p><p>Authentication of signatures and capacity to act on applications and requests to public registers (e.g. Land Registry, Commercial Register) costs around \u20ac23.<\/p><p>In addition, there are fees for data checks, VAT, stamp duty, translation and actual costs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-00004b1 e-flex e-con-boxed e-con e-parent\" data-id=\"00004b1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bdd6c2d elementor-widget elementor-widget-heading\" data-id=\"bdd6c2d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cost of winding up the company (SIA)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-226d8d9 e-flex e-con-boxed e-con e-parent\" data-id=\"226d8d9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1162b01 elementor-widget elementor-widget-text-editor\" data-id=\"1162b01\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The compulsory costs of winding up a company (SIA) consist of <\/span><\/strong>State fees for liquidation of the Company (LLC) - 30EUR. The payment of the fee is made on the platform of the Register of Companies or the documents must be accompanied by a payment order for payment of the fee.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-d41fe2a e-flex e-con-boxed e-con e-parent\" data-id=\"d41fe2a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-648a77c elementor-widget elementor-widget-text-editor\" data-id=\"648a77c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The following cost items should be taken into account when planning a closure:<\/span><\/p><ul class=\"ng-star-inserted\"><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Stamp duty:<\/span><\/strong><span class=\"ng-star-inserted\"> The fee is payable once - at the commencement of the winding-up proceedings and at the appointment of the liquidator - 30.00EUR.\u00a0<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Accounting services:<\/span><\/strong><span class=\"ng-star-inserted\"> As the winding-up process requires the preparation of the closing financial statements, the cost of a professional accountant must be taken into account, unless the liquidator has these skills.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Archive costs:<\/span><\/strong><span class=\"ng-star-inserted\"> The documents may be kept by the company or by the liquidator.<\/span><\/p><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-a128f3e e-flex e-con-boxed e-con e-parent\" data-id=\"a128f3e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ef54a57 elementor-widget elementor-widget-heading\" data-id=\"ef54a57\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Deadline for the adoption of the winding-up decision by the Registrar of Companies<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-5b0ae14 e-flex e-con-boxed e-con e-parent\" data-id=\"5b0ae14\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-42047f5 elementor-widget elementor-widget-text-editor\" data-id=\"42047f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>1-3 working days (excluding day of submission)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-3cd945c e-flex e-con-boxed e-con e-parent\" data-id=\"3cd945c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8ecb762 elementor-widget elementor-widget-text-editor\" data-id=\"8ecb762\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The statutory time limit for the examination of documents may be extended on the basis of Section 64(2) of the Administrative Procedure Law.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-b296c80 e-flex e-con-boxed e-con e-parent\" data-id=\"b296c80\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-29c3d65 elementor-widget elementor-widget-text-editor\" data-id=\"29c3d65\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the cases provided for by law, the application for registration of changes may be sent to the State Revenue Service for examination.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-62d66b5 e-flex e-con-boxed e-con e-parent\" data-id=\"62d66b5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1ed556d elementor-widget elementor-widget-heading\" data-id=\"1ed556d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Winding-up of a company (limited liability company) - Stage 2<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-32a7db0 e-flex e-con-boxed e-con e-parent\" data-id=\"32a7db0\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2b0f998 elementor-widget elementor-widget-text-editor\" data-id=\"2b0f998\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Phase 2 of the liquidation is the final phase of the process, where the liquidator submits the final documents to the Registrar of Companies in order to legally remove the LLC from the commercial register.<\/span><\/strong><\/p><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This phase starts only after the full settlement with creditors has been completed and the statutory time has elapsed since the preparation of the winding-up accounts. This is the moment when the economic activity of the company has come to a complete standstill, all assets have been distributed among the members and the last formal steps remain to be taken so that the company no longer exists in the public registers.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-6c3a61e e-flex e-con-boxed e-con e-parent\" data-id=\"6c3a61e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-842056e elementor-widget elementor-widget-heading\" data-id=\"842056e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Notice to Creditors<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-aba62f2 e-flex e-con-boxed e-con e-parent\" data-id=\"aba62f2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-18f2a88 elementor-widget elementor-widget-text-editor\" data-id=\"18f2a88\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>After a positive decision by the MoF to wind up the company (stage 1), creditors must be notified of the winding-up.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28165a0 elementor-widget elementor-widget-text-editor\" data-id=\"28165a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"text-decoration: underline;\">The notice is published automatically by the Register of Companies and is free of charge.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-3da763f e-flex e-con-boxed e-con e-parent\" data-id=\"3da763f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-911338d elementor-widget elementor-widget-heading\" data-id=\"911338d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Payment of debts and Settlement of liabilities<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-95d4069 e-flex e-con-boxed e-con e-parent\" data-id=\"95d4069\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ac2cd1c elementor-widget elementor-widget-text-editor\" data-id=\"ac2cd1c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In order for the Register of Companies to remove a company from the register, it must first make sure that the company has no debts to the State Revenue Service (SRS).\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-6555eeb e-flex e-con-boxed e-con e-parent\" data-id=\"6555eeb\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4406ab7 elementor-widget elementor-widget-text-editor\" data-id=\"4406ab7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It is advisable to settle all tax matters before submitting the documents for liquidation. The Registrar of Companies will check this for you by requesting a certificate from the SRS. If the SRS replies that the company has outstanding liabilities, the Registrar of Companies will not be able to complete the liquidation of the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-ff29a14 e-flex e-con-boxed e-con e-parent\" data-id=\"ff29a14\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fc26b0f elementor-widget elementor-widget-heading\" data-id=\"fc26b0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Distribution of the remaining Assets (if any)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-8140552 e-flex e-con-boxed e-con e-parent\" data-id=\"8140552\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ed2df2a elementor-widget elementor-widget-text-editor\" data-id=\"ed2df2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In Stage 2 of the winding-up, the remaining assets, including cash, property and other assets, are distributed among the members. This distribution shall be made in accordance with a plan drawn up by the liquidator, taking into account the amount of each member's contribution, unless the company's instruments of incorporation provide for a different principle of distribution.<\/p>\n<p>Payments to participants are usually made in cash. However, if members wish to receive their share of the assets, and the company's articles do not provide for this, they have the option of amending the articles to authorise a distribution of the assets. Such a decision must be taken at a meeting of the members before the company is removed from the Commercial Register. At the same time as the articles of association are amended, the members may agree on a specific distribution of assets to each member.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-8459236 e-flex e-con-boxed e-con e-parent\" data-id=\"8459236\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-54d52ab e-con-full e-flex e-con e-child\" data-id=\"54d52ab\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-22d1167 elementor-widget elementor-widget-accordion\" data-id=\"22d1167\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-3651\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-3651\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Plan for the distribution of residual assets<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-3651\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-3651\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2824 size-large\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-1024x725.jpg\" alt=\"Plan for the distribution of the Company&#039;s residual assets\" width=\"800\" height=\"566\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-1024x725.jpg 1024w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-300x212.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-768x544.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-1320x934.jpg 1320w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-600x425.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans.jpg 1444w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-e0eeaa7 e-flex e-con-boxed e-con e-parent\" data-id=\"e0eeaa7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-26a7394 elementor-widget elementor-widget-heading\" data-id=\"26a7394\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Withdraw money from your bank account<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-b1a4745 e-flex e-con-boxed e-con e-parent\" data-id=\"b1a4745\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-89c8b5a elementor-widget elementor-widget-text-editor\" data-id=\"89c8b5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It is important to remember that once a company has been removed from the Commercial Register, no changes can be made. If there is still property registered in the name of the company or money in a bank account after this point, the members will no longer be able to take possession of it. It is therefore essential to resolve all distribution issues in good time before the winding-up process is completed.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-813055c e-flex e-con-boxed e-con e-parent\" data-id=\"813055c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4e1c5a0 elementor-widget elementor-widget-heading\" data-id=\"4e1c5a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Other relevant actions (if applicable)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-76bd04b e-flex e-con-boxed e-con e-parent\" data-id=\"76bd04b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0986c9e elementor-widget elementor-widget-text-editor\" data-id=\"0986c9e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>1. Close your company bank account<\/p>\n<p>2. Remove departments, cash registers, POS terminals from the inventory<\/p>\n<p>3. Release all staff<\/p>\n<p>4. Terminate your contractual obligations (Tele2, Lmt, etc.). If necessary, transfer the phone number to a natural person<\/p>\n<p>5. Hand in all reports.<\/p>\n<p>6. Give the documents to an archive or store them yourself.<\/p>\n<p>7. Notify the SRS of the liquidation. List &gt;&gt; Notify the SRS<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-369796b e-flex e-con-boxed e-con e-parent\" data-id=\"369796b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f568fb7 elementor-widget elementor-widget-heading\" data-id=\"f568fb7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Liquidation financial statement<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-65a6166 e-flex e-con-boxed e-con e-parent\" data-id=\"65a6166\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ced8962 elementor-widget elementor-widget-text-editor\" data-id=\"ced8962\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A liquidation financial statement must be prepared and submitted to the SRS EDS system.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-8ec8646 e-flex e-con-boxed e-con e-parent\" data-id=\"8ec8646\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-edd08ce elementor-widget elementor-widget-text-editor\" data-id=\"edd08ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Please note that the liquidation financial statements may only be submitted after the deadline for creditors' applications (1-3 months) specified in the liquidation application form.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-960aafa e-flex e-con-boxed e-con e-parent\" data-id=\"960aafa\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7334e2b elementor-widget elementor-widget-text-editor\" data-id=\"7334e2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The time limit for the application of creditors starts on the date on which the notice of winding-up is published in the Register of Companies.<\/p>\n<p>The exact date of the notification can be found in the Companies Register - <a href=\"https:\/\/info.ur.gov.lv\/#\/notices-to-creditors\/data-search\">Notices to creditors, members, interested parties<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-240f786 e-flex e-con-boxed e-con e-parent\" data-id=\"240f786\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c98a42c elementor-widget elementor-widget-heading\" data-id=\"c98a42c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Winding-up documents for a company (limited liability company) - Stage 2<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-bcb2092 e-flex e-con-boxed e-con e-parent\" data-id=\"bcb2092\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fa0e188 elementor-widget elementor-widget-text-editor\" data-id=\"fa0e188\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The following documents must be submitted to the UR for the liquidation of the Company (SIA):<\/p><p><span style=\"text-decoration: underline;\">Form KR14<\/span><\/p><p><span style=\"text-decoration: underline;\">Final financial statement of the winding-up.<\/span><\/p><p><span style=\"text-decoration: underline;\">Plan for the distribution of the remaining assets (if applicable)<\/span><\/p><p><span style=\"text-decoration: underline;\">Auditor's report (if applicable)<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-02926ce e-flex e-con-boxed e-con e-parent\" data-id=\"02926ce\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-941f5bc e-con-full e-flex e-con e-child\" data-id=\"941f5bc\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-28a2b8e elementor-widget elementor-widget-accordion\" data-id=\"28a2b8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-4261\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-4261\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Form KR14<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-4261\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-4261\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4251 size-large\" title=\"KR14 form\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR14-veidlapa-742x1024.jpg\" alt=\"KR14 form\" width=\"742\" height=\"1024\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR14-veidlapa-742x1024.jpg 742w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR14-veidlapa-217x300.jpg 217w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR14-veidlapa-768x1060.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR14-veidlapa-9x12.jpg 9w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR14-veidlapa-600x828.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR14-veidlapa.jpg 852w\" sizes=\"(max-width: 742px) 100vw, 742px\" \/><\/p><p>The application form KR14 shall be signed by the liquidator.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-4262\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-4262\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Final financial statement of the winding-up.<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-4262\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-4262\"><p>The final financial statements of the winding-up are no longer required to be filed with the Registrar of Companies. This report only needs to be submitted to the SRS EDS.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-4263\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-4263\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Plan for the distribution of residual assets<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-4263\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-4263\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2824 size-large\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-1024x725.jpg\" alt=\"Plan for the distribution of the Company&#039;s residual assets\" width=\"800\" height=\"566\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-1024x725.jpg 1024w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-300x212.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-768x544.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-1320x934.jpg 1320w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans-600x425.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/03\/Sabiedribas-atlikusas-mantas-sadales-plans.jpg 1444w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-231274b e-flex e-con-boxed e-con e-parent\" data-id=\"231274b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4525b18 elementor-widget elementor-widget-heading\" data-id=\"4525b18\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Costs of liquidation phase 2<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-9dc53a8 e-flex e-con-boxed e-con e-parent\" data-id=\"9dc53a8\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6b28fa3 elementor-widget elementor-widget-text-editor\" data-id=\"6b28fa3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"text-decoration: underline;\">No stamp duty!<\/span> The completion of the winding-up of a company (limited liability company) is free of charge.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-892e341 e-flex e-con-boxed e-con e-parent\" data-id=\"892e341\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bba6e90 elementor-widget elementor-widget-heading\" data-id=\"bba6e90\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">UR decision deadline<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-5d7fd52 e-flex e-con-boxed e-con e-parent\" data-id=\"5d7fd52\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c9809ed elementor-widget elementor-widget-text-editor\" data-id=\"c9809ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>1-3 working days (excluding day of submission)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3417f58 elementor-widget elementor-widget-text-editor\" data-id=\"3417f58\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The company is deleted from the Commercial Register on the date on which a positive decision on the liquidation of the company was taken.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-c5dcd91 e-flex e-con-boxed e-con e-parent\" data-id=\"c5dcd91\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a70565 elementor-widget elementor-widget-heading\" data-id=\"0a70565\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Special Cases<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-b333db6 e-flex e-con-boxed e-con e-parent\" data-id=\"b333db6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-364b7b7 elementor-widget elementor-widget-heading\" data-id=\"364b7b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Tax Debts<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-315010a e-flex e-con-boxed e-con e-parent\" data-id=\"315010a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-af32d01 elementor-widget elementor-widget-text-editor\" data-id=\"af32d01\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Tax arrears can have a significant impact on the liquidation process. It is important to address tax issues early and possibly agree with the SRS on a payment schedule or sale of assets to settle debts.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-ea69f13 e-flex e-con-boxed e-con e-parent\" data-id=\"ea69f13\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dbf8f46 elementor-widget elementor-widget-heading\" data-id=\"dbf8f46\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Active collateral for the company<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-04afaca e-flex e-con-boxed e-con e-parent\" data-id=\"04afaca\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f6a855c elementor-widget elementor-widget-text-editor\" data-id=\"f6a855c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The liquidation of a limited liability company cannot be completed until the assets or shares of the company have been registered as an active security, so all encumbrances and pledges must be removed in the course of the proceedings before the company is removed from the Commercial Register.<\/span><\/strong><\/p><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Active securities are legally registered restrictions that protect the interests of creditors or ensure the recovery of tax debts. This issue becomes critical in liquidation for two reasons:<\/span><\/p><ol class=\"ng-star-inserted\"><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Obstacle to concluding the procedure:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0Even if the company has completed all other liquidation steps, the Register of Enterprises will refuse to remove the LLC from the register if an active commercial pledge, bailiff's execution or prohibition imposed by the State Revenue Service (SRS) still appears in the database.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Liquidator's liability:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0The liquidator is responsible for identifying all encumbrances and negotiating with the secured creditor to discharge the obligation. Only after the creditor files an application for the cancellation of the security (e.g. with the Commercial Pledge Registry) is the path to the full liquidation of the company clear.<\/span><\/p><\/li><\/ol><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Common types of collateral to consider:<\/span><\/p><ul class=\"ng-star-inserted\"><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Commercial mortgages:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0Registered in favour of banks or other lenders.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Tax administration exclusions:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0Prohibitions imposed by the SRS on the alienation of assets or change of officials.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Bailiffs' marks:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0Registered in connection with debt recovery proceedings.<\/span><\/p><\/li><\/ul><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Before entering liquidation, it is advisable to carry out a preventive check of the company's up-to-date registers in order to plan in good time for the settlement of liabilities and the removal of collateral.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-a7dfff2 e-flex e-con-boxed e-con e-parent\" data-id=\"a7dfff2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a37b8f5 elementor-widget elementor-widget-heading\" data-id=\"a37b8f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Insolvency<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-add92e5 e-flex e-con-boxed e-con e-parent\" data-id=\"add92e5\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b76f097 elementor-widget elementor-widget-text-editor\" data-id=\"b76f097\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If a company is unable to pay its debts, insolvency proceedings may be opened, which are different from liquidation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-5bb579e e-flex e-con-boxed e-con e-parent\" data-id=\"5bb579e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-175ae2c elementor-widget elementor-widget-heading\" data-id=\"175ae2c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">No Assets, then it's easier<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-0e97d43 e-flex e-con-boxed e-con e-parent\" data-id=\"0e97d43\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-24e5d7d elementor-widget elementor-widget-text-editor\" data-id=\"24e5d7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If the company has no assets to divide, the process may be simpler, but it is still important to comply with all legal requirements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-c394cd7 e-flex e-con-boxed e-con e-parent\" data-id=\"c394cd7\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-52cef2c elementor-widget elementor-widget-text-editor\" data-id=\"52cef2c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Winding up a company (LLC) is a complex process that requires careful attention to detail and compliance with legal requirements. To avoid mistakes and ensure a successful liquidation, it may be necessary to turn to professionals. Remember that proper planning and adequate documentation are key factors in making the process as simple and efficient as possible.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-b20f16c e-flex e-con-boxed e-con e-parent\" data-id=\"b20f16c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-edda9b3 elementor-widget elementor-widget-heading\" data-id=\"edda9b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Common Mistakes to Avoid<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd6780d elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"cd6780d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-cd6780d\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"cd6780d\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepilngi-vai-kdaini-sagatavoti-dokumenti\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-2151\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incomplete or incorrect documents<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2151\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"nepilngi-vai-kdaini-sagatavoti-dokumenti\"><p>Errors often arise from misrepresentation of data in various documents or from inaccurate board data.<\/p>\n<p>Any error in the application forms (KR13 or KR14), the decision of the participants or the minutes - wrong date, incorrect name, forgotten point - will result in the application being postponed.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nav-iecelts-likvidators\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"2\" aria-controls=\"elementor-tab-content-2152\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">No liquidator appointed<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2152\" class=\"eael-accordion-content clearfix\" data-tab=\"2\" aria-labelledby=\"nav-iecelts-likvidators\"><p class=\"ng-star-inserted\">The application for registration of the winding-up shall designate as liquidator a person whose appointment has not been decided.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nodoku-saistbu-ignorana\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"3\" aria-controls=\"elementor-tab-content-2153\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Ignoring tax obligations<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2153\" class=\"eael-accordion-content clearfix\" data-tab=\"3\" aria-labelledby=\"nodoku-saistbu-ignorana\"><p><span class=\"ng-star-inserted\">Before filing for winding-up, it is important to make sure that all obligations with the State Revenue Service (SRS) have been settled.<\/span><span class=\"ng-star-inserted\"> The UR requests a certificate from the SRS electronically and, if information about outstanding liabilities is received, the liquidation is postponed.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepareizs-dokumentu-formts\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"4\" aria-controls=\"elementor-tab-content-2154\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incorrect document format<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2154\" class=\"eael-accordion-content clearfix\" data-tab=\"4\" aria-labelledby=\"nepareizs-dokumentu-formts\"><p class=\"ng-star-inserted\">Make sure the documents are in the correct format.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"neatbilstos-e-paraksts\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"5\" aria-controls=\"elementor-tab-content-2155\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Inadequate e-signature<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2155\" class=\"eael-accordion-content clearfix\" data-tab=\"5\" aria-labelledby=\"neatbilstos-e-paraksts\"><p>Documents must be signed with a secure electronic signature and time stamp.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepareizi-samaksta-valsts-nodeva\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"6\" aria-controls=\"elementor-tab-content-2156\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incorrect payment of stamp duty<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2156\" class=\"eael-accordion-content clearfix\" data-tab=\"6\" aria-labelledby=\"nepareizi-samaksta-valsts-nodeva\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Before submitting the documents, you must make sure that the amount of the stamp duty is correct and that you have paid it.<\/span><span class=\"ng-star-inserted\"> Any incorrect or overpaid amount can be recovered by applying to the Companies Registry.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"uzmumu-reistrs-ir-konstatjis-kdu-iesniegtajos-dokumentos\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"7\" aria-controls=\"elementor-tab-content-2157\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">The Registrar of Companies has detected an error in the documents submitted<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2157\" class=\"eael-accordion-content clearfix\" data-tab=\"7\" aria-labelledby=\"uzmumu-reistrs-ir-konstatjis-kdu-iesniegtajos-dokumentos\"><p><span class=\"ng-star-inserted\">If the UR finds an error, the notary public postpones the decision for up to 30 days, pointing out the deficiencies.<\/span><span class=\"ng-star-inserted\"> It is important to react promptly to such decisions and make the necessary corrections so that the registration process is not delayed and stamp duty is not lost.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"prk-agra-otr-posma-dokumentu-iesniegana\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"8\" aria-controls=\"elementor-tab-content-2158\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Submitting second stage documents too early<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2158\" class=\"eael-accordion-content clearfix\" data-tab=\"8\" aria-labelledby=\"prk-agra-otr-posma-dokumentu-iesniegana\"><p><span class=\"ng-star-inserted\">The second stage documents (form KR14) may only be submitted after the creditor application period has expired (minimum one month).<\/span><span class=\"ng-star-inserted\">\u00a0This period starts from the date of publication of the notice by the UR, not from the date of the decision of the members.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"aizmirsts-par-atlikuo-mantu-vai-naudu-bankas-kont\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"9\" aria-controls=\"elementor-tab-content-2159\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Forgot about leftover property or money in your bank account<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2159\" class=\"eael-accordion-content clearfix\" data-tab=\"9\" aria-labelledby=\"aizmirsts-par-atlikuo-mantu-vai-naudu-bankas-kont\"><p><span class=\"ng-star-inserted\">Once the company is removed from the register, it becomes virtually impossible to access its accounts or manage its assets. It is therefore critical to close all bank accounts and re-register property\u00a0<\/span><span class=\"ng-star-inserted\">Before<\/span><span class=\"ng-star-inserted\">\u00a0submission of second-stage documents<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"minjums-likvidt-makstnespjgu-uzmumu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"10\" aria-controls=\"elementor-tab-content-21510\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">An attempt to liquidate an insolvent company<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-21510\" class=\"eael-accordion-content clearfix\" data-tab=\"10\" aria-labelledby=\"minjums-likvidt-makstnespjgu-uzmumu\"><p><span class=\"ng-star-inserted\">The liquidation process is reserved for companies that are able to cover all their liabilities.<\/span><span class=\"ng-star-inserted\">\u00a0If debts exceed assets, insolvency proceedings must be opened. Ignoring these facts can have serious legal consequences for the liquidator and the board.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nav-izveidots-mantas-sadales-plns\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"11\" aria-controls=\"elementor-tab-content-21511\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">No asset distribution plan in place<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-21511\" class=\"eael-accordion-content clearfix\" data-tab=\"11\" aria-labelledby=\"nav-izveidots-mantas-sadales-plns\"><p>If the company is left with assets (including cash) after all creditors' claims have been met, a distribution plan must be prepared and submitted.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"dokumentu-glabanas-nenodroinana\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"12\" aria-controls=\"elementor-tab-content-21512\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Failure to ensure the safekeeping of documents<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-21512\" class=\"eael-accordion-content clearfix\" data-tab=\"12\" aria-labelledby=\"dokumentu-glabanas-nenodroinana\"><p><span class=\"ng-star-inserted\">Before removal from the register, the liquidator must certify that the company's documents have been deposited in the archives.<\/span><span class=\"ng-star-inserted\">\u00a0Ignoring this issue can lead to future liability.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-867722a e-flex e-con-boxed e-con e-parent\" data-id=\"867722a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cb9092b elementor-widget elementor-widget-heading\" data-id=\"cb9092b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently asked questions (FAQ)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65de09b elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"65de09b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-65de09b\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"65de09b\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kpc-uzmumu-reistrs-ur-vartu-atteikt-vai-aizkavt-sia-likvidcijas-pieteikuma-izskatanu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-1061\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Why might the Registrar of Companies (RoC) refuse or delay an application to liquidate a limited liability company?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-1061\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"kpc-uzmumu-reistrs-ur-vartu-atteikt-vai-aizkavt-sia-likvidcijas-pieteikuma-izskatanu\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Most often, the Registry Office delays or refuses registration of a winding-up if incomplete or incorrect documents have been submitted. The most popular errors are:<\/span><\/p>\n<ul class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Incorrect application forms (KR13 or KR14).<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The minutes or the decision lack essential information, such as the appointment of a liquidator or the deadline for creditors to apply.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">No liquidator's consent (if required).<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Documents do not have the appropriate legal value (e.g. not signed with a secure electronic signature or not notarised, if required).<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">No stamp duty has been paid or no proof of payment has been provided.<\/span><\/p>\n<\/li>\n<\/ul>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The process can also be delayed if the UR sends the application to the State Revenue Service (SRS) for verification.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"ko-dart-ja-sia-ir-nodoku-pardi-vai-ur-pieems-likvidcijas-pieteikumu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"2\" aria-controls=\"elementor-tab-content-1062\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What if the LLC has tax arrears? Will the Registry Office accept a winding-up petition?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-1062\" class=\"eael-accordion-content clearfix\" data-tab=\"2\" aria-labelledby=\"ko-dart-ja-sia-ir-nodoku-pardi-vai-ur-pieems-likvidcijas-pieteikumu\"><p><span class=\"ng-star-inserted\">The first stage of liquidation (the start of liquidation) will also be registered by the UR with existing tax debts. However, the second and final phase of the liquidation cannot be completed until all obligations with the SRS have been settled.<\/span><span class=\"ng-star-inserted\">\u00a0Before submitting the second stage documents, the UR requests a certificate from the SRS on the fulfilment of obligations. If the SRS replies that the company is in arrears, the UR will not be able to exclude the company from the commercial register.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-dokumentus-uzmumu-reistr-var-iesniegt-persongi-papra-formt\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"3\" aria-controls=\"elementor-tab-content-1063\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Can I submit documents in person in paper format to the Register of Companies?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-1063\" class=\"eael-accordion-content clearfix\" data-tab=\"3\" aria-labelledby=\"vai-dokumentus-uzmumu-reistr-var-iesniegt-persongi-papra-formt\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">No, face-to-face acceptance is a thing of the past. The main way of submitting documents is electronically via the UR e-services portal, by signing documents with a secure electronic signature.<\/span><span class=\"ng-star-inserted\">\u00a0You can send documents by post, but they have to be notarised, which makes the process much more expensive.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"cik-ilgu-laiku-aizem-sia-likvidcijas-process\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"4\" aria-controls=\"elementor-tab-content-1064\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">How long does it take to wind up an LLC?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-1064\" class=\"eael-accordion-content clearfix\" data-tab=\"4\" aria-labelledby=\"cik-ilgu-laiku-aizem-sia-likvidcijas-process\"><p><span class=\"ng-star-inserted\">If the company has no known creditors, the process can take just over a month.<\/span><span class=\"ng-star-inserted\">\u00a0If there are creditors, the process will take longer - at least three months - because the legal minimum period for creditors to lodge claims is one month, but in practice it is often three months.[<\/span><a class=\"ng-star-inserted\" href=\"https:\/\/www.google.com\/url?sa=E&amp;q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQF1omorBmf81tPt7HwtG0yidK4v2hoXvbz3IH3ex4xqNbAvPh6ZTLmUcmj9kE4mqEOWO8YUWAxGEepc8Yjp2A-OyTo5ee9asRtIsHTqhmOiRC2M7-SJ36kQveGSDviTkjkRM9GvrJ3ykQgdHFtnm1wRGN5YJ2R2Pm3x\" target=\"_blank\" rel=\"noopener\"><span class=\"ng-star-inserted\">7<\/span><\/a><span class=\"ng-star-inserted\">][<\/span><a class=\"ng-star-inserted\" href=\"https:\/\/www.google.com\/url?sa=E&amp;q=https%3A%2F%2Fvertexaisearch.cloud.google.com%2Fgrounding-api-redirect%2FAUZIYQEpnZyQlf7ksrpBl86gcfIVKgZvOwnpprk2VKc4nlBdaOJEhY9hPLhZJ1IYOBAyyN4IXRIhY3rk_vEcWCC7iER24VLy30BdEh_cRG1qE5FYrTgkj1xhRyv4p3nmRhJ0Sw967QRD2MQ4BNDe1-PXDnABTukn\" target=\"_blank\" rel=\"noopener\"><span class=\"ng-star-inserted\">8<\/span><\/a><span class=\"ng-star-inserted\">] The decision on each of the steps is usually taken by the UR within 1-3 working days of receipt of the documents.<\/span><span class=\"ng-star-inserted\">\u00a0However, the overall time may be affected by the speed of the paperwork, the bookkeeping and a possible audit by the SRS, which can extend the process by up to several months.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kas-var-bt-par-likvidatoru-un-vai-valde-var-turpint-pildt-os-pienkumus\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"5\" aria-controls=\"elementor-tab-content-1065\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Who can act as liquidator and can the board continue to act as liquidator?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-1065\" class=\"eael-accordion-content clearfix\" data-tab=\"5\" aria-labelledby=\"kas-var-bt-par-likvidatoru-un-vai-valde-var-turpint-pildt-os-pienkumus\"><p><span class=\"ng-star-inserted\">A member of the Management Board, a member or any other natural person having the capacity to act may be appointed liquidator.<\/span><span class=\"ng-star-inserted\">\u00a0If an existing board member is appointed liquidator, the process is simpler - no separate consent of the liquidator is required and no signatures on the resolution of the members' meeting need to be witnessed.<\/span><span class=\"ng-star-inserted\">\u00a0If a person other than a member of the Management Board is appointed, that person's written consent to the appointment is required.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-ir-iespjams-likvidt-sia-ja-tai-nav-naudas-ldzeku-bet-ir-pardi\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"6\" aria-controls=\"elementor-tab-content-1066\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Is it possible to dissolve an LLC if it has no cash but has debts?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-1066\" class=\"eael-accordion-content clearfix\" data-tab=\"6\" aria-labelledby=\"vai-ir-iespjams-likvidt-sia-ja-tai-nav-naudas-ldzeku-bet-ir-pardi\"><p><span class=\"ng-star-inserted\">If a limited liability company is unable to pay its debts to its creditors, including the SRS, voluntary liquidation is not possible.<\/span><span class=\"ng-star-inserted\">\u00a0In such a case, the liquidator is obliged to file for insolvency proceedings.<\/span><span class=\"ng-star-inserted\">\u00a0Trying to liquidate a company by ignoring debts will result in the company not being removed from the register.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"k-notiek-dokumentu-iesniegana-uzmumu-reistr\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"7\" aria-controls=\"elementor-tab-content-1067\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">How do I submit documents to the Register of Companies?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-1067\" class=\"eael-accordion-content clearfix\" data-tab=\"7\" aria-labelledby=\"k-notiek-dokumentu-iesniegana-uzmumu-reistr\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Submitting documents in person on paper is no longer possible.<\/span><span class=\"ng-star-inserted\">\u00a0Documents can be submitted:<\/span><\/p>\n<ul class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Electronically:<\/span><\/strong><span class=\"ng-star-inserted\"> Through the UR services portal, signed with a secure electronic signature (eID card or eParaksts mobile).<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">By post:<\/span><\/strong><span class=\"ng-star-inserted\"> In this case, all signatures on the documents have to be notarised, which makes the process significantly more expensive.<\/span><\/p>\n<\/li>\n<\/ul><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"ko-dart-ja-pc-likvidcijas-uzskanas-atkljas-jauni-kreditori-vai-aktvi\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"8\" aria-controls=\"elementor-tab-content-1068\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What if new creditors or assets are discovered after the liquidation has been opened?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-1068\" class=\"eael-accordion-content clearfix\" data-tab=\"8\" aria-labelledby=\"ko-dart-ja-pc-likvidcijas-uzskanas-atkljas-jauni-kreditori-vai-aktvi\"><p>The liquidator is responsible for identifying all creditors and assets. If new creditors are discovered after the opening of the liquidation, their claims must be included in the list of liabilities and settled in the ordinary way. If previously unknown assets are discovered, they must be sold to raise funds to meet creditors' claims. All these processes should be reflected in the winding-up financial statements.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-ir-iespjams-apturt-jau-uzsktu-likvidcijas-procesu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"9\" aria-controls=\"elementor-tab-content-1069\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Is it possible to stop a winding-up procedure that has already started?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-1069\" class=\"eael-accordion-content clearfix\" data-tab=\"9\" aria-labelledby=\"vai-ir-iespjams-apturt-jau-uzsktu-likvidcijas-procesu\"><p>Yes, as long as the company has not been removed from the commercial register, the members can decide to wind up the liquidation and reopen the company. This decision must be notified to the Registrar of Companies by way of an application.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kpc-ur-otraj-posm-neizsldz-manu-sia-no-reistra-lai-gan-visi-dokumenti-ir-iesniegti\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"10\" aria-controls=\"elementor-tab-content-10610\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Why doesn't the Registry Office remove my LLC from the register at the second stage, even though all the documents have been submitted?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-10610\" class=\"eael-accordion-content clearfix\" data-tab=\"10\" aria-labelledby=\"kpc-ur-otraj-posm-neizsldz-manu-sia-no-reistra-lai-gan-visi-dokumenti-ir-iesniegti\"><p><span class=\"ng-star-inserted\">The most common reason is a negative certificate from the SRS for outstanding debts.<\/span><span class=\"ng-star-inserted\">\u00a0Another reason may be errors in the winding-up financial statements or the distribution plan. It is important to submit documents only after the deadline for creditors to apply has passed and all liabilities have been settled.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"ko-dart-ja-uzmumam-nav-nekdas-mantas-un-saimniecisk-darbba-sen-jau-ir-prtraukta\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"11\" aria-controls=\"elementor-tab-content-10611\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What if the company has no assets and has long since ceased trading?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-10611\" class=\"eael-accordion-content clearfix\" data-tab=\"11\" aria-labelledby=\"ko-dart-ja-uzmumam-nav-nekdas-mantas-un-saimniecisk-darbba-sen-jau-ir-prtraukta\"><p><span class=\"ng-star-inserted\">If the company has no assets, the process is simpler as there is no need to draw up a distribution plan.<\/span><span class=\"ng-star-inserted\">\u00a0However, the other steps, including the adoption of the decision, the appointment of the liquidator, the notification to the UR and the SRS, and the preparation of the winding-up financial statements (\"zero\" statements), are mandatory. The main condition is that there must be no debts.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-4e753cf e-flex e-con-boxed e-con e-parent\" data-id=\"4e753cf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-04ba568 elementor-widget elementor-widget-heading\" data-id=\"04ba568\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Useful Resources<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-3e157ec e-flex e-con-boxed e-con e-parent\" data-id=\"3e157ec\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cfc987d elementor-widget elementor-widget-text-editor\" data-id=\"cfc987d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Website of the Register of Companies (UR): <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">[https:\/\/www.ur.gov.lv\/]<\/a><\/p><p>State Revenue Service (SRS) website: <a href=\"https:\/\/www.vid.gov.lv\/lv\">[https:\/\/www.vid.gov.lv\/]<\/a><\/p><p>Law on Associations and Foundations: <a href=\"https:\/\/likumi.lv\/\">[https:\/\/likumi.lv\/]<\/a><\/p><p>Latvijas V\u0113stnesis: <a href=\"https:\/\/www.vestnesis.lv\/\">[https:\/\/www.vestnesis.lv\/]<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Company Liquidation (SIA) 2026: A Step-by-Step Guide Liquidating a company, especially an SIA in Latvia, can seem like a complicated and even stressful process. However, with a proper understanding of the procedures and by following specific steps, it can be done efficiently and without unnecessary problems. In this article, we present a clear step-by-step guide to liquidating an LLC, helping entrepreneurs, accountants and other stakeholders [...]<\/p>","protected":false},"author":2,"featured_media":4227,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-lv"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Uz\u0146\u0113muma (SIA) Likvid\u0101cija 2026: Soli pa Solim Ce\u013cvedis * UR Online Uz\u0146\u0113mumu Re\u0123istra pakalpojumi<\/title>\n<meta name=\"description\" content=\"Uz\u0146\u0113muma Likvid\u0101cija (2025): Soli pa solim. Uzzini, k\u0101 pareizi likvid\u0113t SIA Uz\u0146\u0113mumu re\u0123istr\u0101 un izvair\u012bties no k\u013c\u016bd\u0101m. Izlasi tagad!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uronline.lv\/en\/liquidation-of-the-emergency-fund-step-by-step\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uz\u0146\u0113muma (SIA) Likvid\u0101cija 2026: Soli pa Solim Ce\u013cvedis\" \/>\n<meta property=\"og:description\" content=\"Uz\u0146\u0113muma Likvid\u0101cija (2025): Soli pa solim. Uzzini, k\u0101 pareizi likvid\u0113t SIA Uz\u0146\u0113mumu re\u0123istr\u0101 un izvair\u012bties no k\u013c\u016bd\u0101m. Izlasi tagad!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uronline.lv\/en\/liquidation-of-the-emergency-fund-step-by-step\/\" \/>\n<meta property=\"og:site_name\" content=\"UR Online Uz\u0146\u0113mumu Re\u0123istra pakalpojumi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=100094762527243\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-28T09:57:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-04T16:52:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"788\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"jurists J\u0101nis Liepi\u0146\u0161\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"jurists J\u0101nis Liepi\u0146\u0161\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"21 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/\"},\"author\":{\"name\":\"jurists J\u0101nis Liepi\u0146\u0161\",\"@id\":\"https:\/\/uronline.lv\/#\/schema\/person\/6adae62be41124a2907debbb5c6693cf\"},\"headline\":\"Uz\u0146\u0113muma (SIA) Likvid\u0101cija 2026: Soli pa Solim Ce\u013cvedis\",\"datePublished\":\"2026-02-28T09:57:56+00:00\",\"dateModified\":\"2026-03-04T16:52:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/\"},\"wordCount\":4868,\"publisher\":{\"@id\":\"https:\/\/uronline.lv\/#organization\"},\"image\":{\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg\",\"articleSection\":[\"Uncategorized @lv\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/\",\"url\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/\",\"name\":\"Uz\u0146\u0113muma (SIA) Likvid\u0101cija 2026: Soli pa Solim Ce\u013cvedis * UR Online Uz\u0146\u0113mumu Re\u0123istra pakalpojumi\",\"isPartOf\":{\"@id\":\"https:\/\/uronline.lv\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg\",\"datePublished\":\"2026-02-28T09:57:56+00:00\",\"dateModified\":\"2026-03-04T16:52:00+00:00\",\"description\":\"Uz\u0146\u0113muma Likvid\u0101cija (2025): Soli pa solim. Uzzini, k\u0101 pareizi likvid\u0113t SIA Uz\u0146\u0113mumu re\u0123istr\u0101 un izvair\u012bties no k\u013c\u016bd\u0101m. Izlasi tagad!\",\"breadcrumb\":{\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#primaryimage\",\"url\":\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg\",\"contentUrl\":\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg\",\"width\":940,\"height\":788,\"caption\":\"Uz\u0146\u0113muma SIA likvid\u0101cija 2026\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uronline.lv\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Uz\u0146\u0113muma (SIA) Likvid\u0101cija 2026: Soli pa Solim Ce\u013cvedis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uronline.lv\/#website\",\"url\":\"https:\/\/uronline.lv\/\",\"name\":\"UR Online Uz\u0146\u0113mumu Re\u0123istra pakalpojumi\",\"description\":\"Online Uz\u0146\u0113mumu Re\u0123istra pakalpojumi\",\"publisher\":{\"@id\":\"https:\/\/uronline.lv\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uronline.lv\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uronline.lv\/#organization\",\"name\":\"Global V\",\"url\":\"https:\/\/uronline.lv\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uronline.lv\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uronline.lv\/wp-content\/uploads\/2023\/07\/Untitled-design.png\",\"contentUrl\":\"https:\/\/uronline.lv\/wp-content\/uploads\/2023\/07\/Untitled-design.png\",\"width\":1200,\"height\":500,\"caption\":\"Global V\"},\"image\":{\"@id\":\"https:\/\/uronline.lv\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/profile.php?id=100094762527243\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uronline.lv\/#\/schema\/person\/6adae62be41124a2907debbb5c6693cf\",\"name\":\"jurists J\u0101nis Liepi\u0146\u0161\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uronline.lv\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9e3efbbb4ea015620afeeb5e0e4c9f674d79257ede44689e0cb7b053e7bcc202?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9e3efbbb4ea015620afeeb5e0e4c9f674d79257ede44689e0cb7b053e7bcc202?s=96&d=mm&r=g\",\"caption\":\"jurists J\u0101nis Liepi\u0146\u0161\"},\"url\":\"https:\/\/uronline.lv\/en\/author\/jurists\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Liquidation of a Company (Ltd) 2026: Step-by-Step Guide * UR Online Business Register Services","description":"Liquidation (2025): step by step. Learn how to liquidate a limited liability company correctly in the Companies Register and avoid mistakes. Read now!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uronline.lv\/en\/liquidation-of-the-emergency-fund-step-by-step\/","og_locale":"en_US","og_type":"article","og_title":"Uz\u0146\u0113muma (SIA) Likvid\u0101cija 2026: Soli pa Solim Ce\u013cvedis","og_description":"Uz\u0146\u0113muma Likvid\u0101cija (2025): Soli pa solim. Uzzini, k\u0101 pareizi likvid\u0113t SIA Uz\u0146\u0113mumu re\u0123istr\u0101 un izvair\u012bties no k\u013c\u016bd\u0101m. Izlasi tagad!","og_url":"https:\/\/uronline.lv\/en\/liquidation-of-the-emergency-fund-step-by-step\/","og_site_name":"UR Online Uz\u0146\u0113mumu Re\u0123istra pakalpojumi","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=100094762527243","article_published_time":"2026-02-28T09:57:56+00:00","article_modified_time":"2026-03-04T16:52:00+00:00","og_image":[{"width":940,"height":788,"url":"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg","type":"image\/jpeg"}],"author":"jurists J\u0101nis Liepi\u0146\u0161","twitter_card":"summary_large_image","twitter_misc":{"Written by":"jurists J\u0101nis Liepi\u0146\u0161","Est. reading time":"21 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#article","isPartOf":{"@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/"},"author":{"name":"jurists J\u0101nis Liepi\u0146\u0161","@id":"https:\/\/uronline.lv\/#\/schema\/person\/6adae62be41124a2907debbb5c6693cf"},"headline":"Uz\u0146\u0113muma (SIA) Likvid\u0101cija 2026: Soli pa Solim Ce\u013cvedis","datePublished":"2026-02-28T09:57:56+00:00","dateModified":"2026-03-04T16:52:00+00:00","mainEntityOfPage":{"@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/"},"wordCount":4868,"publisher":{"@id":"https:\/\/uronline.lv\/#organization"},"image":{"@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#primaryimage"},"thumbnailUrl":"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg","articleSection":["Uncategorized @lv"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/","url":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/","name":"Liquidation of a Company (Ltd) 2026: Step-by-Step Guide * UR Online Business Register Services","isPartOf":{"@id":"https:\/\/uronline.lv\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#primaryimage"},"image":{"@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#primaryimage"},"thumbnailUrl":"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg","datePublished":"2026-02-28T09:57:56+00:00","dateModified":"2026-03-04T16:52:00+00:00","description":"Liquidation (2025): step by step. Learn how to liquidate a limited liability company correctly in the Companies Register and avoid mistakes. Read now!","breadcrumb":{"@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#primaryimage","url":"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg","contentUrl":"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg","width":940,"height":788,"caption":"Uz\u0146\u0113muma SIA likvid\u0101cija 2026"},{"@type":"BreadcrumbList","@id":"https:\/\/uronline.lv\/uznemuma-likvidacija-sia-soli-pa-solim\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uronline.lv\/"},{"@type":"ListItem","position":2,"name":"Uz\u0146\u0113muma (SIA) Likvid\u0101cija 2026: Soli pa Solim Ce\u013cvedis"}]},{"@type":"WebSite","@id":"https:\/\/uronline.lv\/#website","url":"https:\/\/uronline.lv\/","name":"UR Online Business Register services","description":"Online Business Register services","publisher":{"@id":"https:\/\/uronline.lv\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uronline.lv\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uronline.lv\/#organization","name":"Global V","url":"https:\/\/uronline.lv\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uronline.lv\/#\/schema\/logo\/image\/","url":"https:\/\/uronline.lv\/wp-content\/uploads\/2023\/07\/Untitled-design.png","contentUrl":"https:\/\/uronline.lv\/wp-content\/uploads\/2023\/07\/Untitled-design.png","width":1200,"height":500,"caption":"Global V"},"image":{"@id":"https:\/\/uronline.lv\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=100094762527243"]},{"@type":"Person","@id":"https:\/\/uronline.lv\/#\/schema\/person\/6adae62be41124a2907debbb5c6693cf","name":"lawyer J\u0101nis Liepi\u0146\u0161","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uronline.lv\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9e3efbbb4ea015620afeeb5e0e4c9f674d79257ede44689e0cb7b053e7bcc202?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9e3efbbb4ea015620afeeb5e0e4c9f674d79257ede44689e0cb7b053e7bcc202?s=96&d=mm&r=g","caption":"jurists J\u0101nis Liepi\u0146\u0161"},"url":"https:\/\/uronline.lv\/en\/author\/jurists\/"}]}},"jetpack_featured_media_url":"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/SIA-likvidacija-2026.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/posts\/2746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/comments?post=2746"}],"version-history":[{"count":176,"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/posts\/2746\/revisions"}],"predecessor-version":[{"id":4387,"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/posts\/2746\/revisions\/4387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/media\/4227"}],"wp:attachment":[{"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/media?parent=2746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/categories?post=2746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uronline.lv\/en\/wp-json\/wp\/v2\/tags?post=2746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}