We understand that entrepreneurs and investors may find appropriate to arbitrate about their existing Luxembourg companies. Liquidation is also a part of a strategic vision that leaders have to remain on the path to success.
Your case
You need a liquidator for example, because you liquidate:
your investment company after the sale of its participation (example: a Special Purpose vehicle such as a SOPARFI)
your investment vehicle after the successful completion of a large acquisition (example: group acquisition)
your investment vehicle after its specific goal has been achieved (example: investment fund).
Damalion proposes you to appoint your liquidator or to supervise the appointed liquidator during the liquidation procedure.
Liquidation services
Acceptance of mandate as liquidator (director’s mandate is also available) Drafting of procedure documentation Follow-up and coordination with shareholders and local administration Prepartion of balance sheets, financial statements, liquidation reports.
Preparation of the liquidation
Inventory phase : listing of the company’s assets, cashflow and liquidity analysis Inventory of the company’s debts and other liabilities Analysis of the company’s status about its taxation obligations Listing of the contractual engagements held by the company Estimation of the total necessary costs for achieving the whole liquidation Review of the commitments and the tax situation Setting up an agenda for liquidation execution.
Liquidation operations
Disposal of the company’s assets
Liquidation and termination of contractual relations with third party service providers
Payments of existing debts
Notifications, communications and coordination with the stakeholders (chartered accountants, tax advisors, auditors if any, public notaries, banks and more)
Advance payments on liquidation proceeds
Closure of the liquidation
Draft of liquidation report
Communication and monitoring with shareholders, appointed auditor if applicable, administrative authorities (taxations)
Approval of liquidation report during the Extraordinary General Meeting
Payment execution and distribution of liquidation boni to the shareholders
Closing formalities with publication of the liquidation end.
Our liquidation services are provided at fair prices and in a reasonable time frame.
Want to know more about Our Expertise with Damalion?
Damalion offers you from bespoke advice provided by directly operational experts in the fields that challenge your business.
We advise you to give information at its best, so we can qualify your demand and revert to you under the next 8 hours.
