Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
If a company goes bankrupt or there are other reasons why it is necessary to close a business in another jurisdiction, Crystal Tax specialists will help you implement this project quickly and without any problems. It should be remembered that liquidation of companies through offshore is necessary in order to avoid penalties or other more serious penalties.
Each country has different liquidation procedures. In some jurisdictions, everything can be quick and easy, for example, it is enough to leave the register, while in others, the process can be long, complicated and quite expensive. However, everywhere you can expect various unexpected nuances and peculiarities, the ignorance of which, even in simple cases, can lead to trouble.
There are two main ways to close a company:
In the latter case, the business may automatically be removed from the register if, for example, the state fee has not been paid. But this does not release the company from its obligations, including future ones.
In addition, the owner needs to be sure that no one is using his or her dormant company for their own benefit. Therefore, the best option is to continue the operation of the enterprise, carry out a complete liquidation in accordance with all the rules, and obtain a relevant document upon completion of the process in order to have the necessary evidence that the business is closed.
To do everything correctly and on time, taking into account the peculiarities of local legislation, contact Crystal Tax. Our specialists have vast years of experience in this field. They have thoroughly studied all the peculiarities of working in different countries and know all the pitfalls that may arise in the process.
Voluntary liquidation offshore can be carried out according to the following scheme:
The duration of the procedure depends on the jurisdiction, but on average it takes about six months. To ensure that the process goes as quickly as possible, hire our professionals who will help you avoid all obstacles in time.
The company's specialists provide a full range of necessary services:
With Crystal Tax, any business activity abroad can be carried out without problems, including such a troublesome part of it as liquidation through an offshore company, the cost of such services is the most affordable. We practice an individual approach to each client, it is profitable and reliable to cooperate with us.
Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
Briefly describe your task: the country, the business activity and the timing. That is enough for us to propose a solution and the order of work.
We reply within one business day.
Or message us
Our advantages
Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.
Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.
We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.
We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.
We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.
We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.