How to close an LLC in Poland: step by step

Closing an LLC in Poland can be a complex process that requires compliance with certain rules and procedures. This guide outlines the main steps that need to be taken to close your LLC in Poland.

Making the decision to close

The first step in closing an LLC in Poland is making the decision to cease your company's operations. This decision must be made at a general meeting of the founders (shareholders) and must be documented in the meeting minutes.

Document preparation

After the decision to close has been made, it is necessary to prepare all the required documents for registering the cessation of your LLC's operations in Poland. This includes:

• Application for the cessation of LLC operations.
• Minutes of the founders' (shareholders') meeting regarding the decision to close.
• Documents confirming the liquidation of assets and the settlement of obligations to creditors.
• Documents regarding the cessation of operations with tax and social institutions.

Submitting the application to the registration office

After preparing all the necessary documents, you must submit an application for the cessation of your LLC's operations to the registration office (Krajowy Rejestr Sądowy). The application must be signed by all founders (shareholders) and copies of all necessary documents must be attached.

Waiting for the application review

After submitting the application to the registration office, you will have to wait for your application to be reviewed. This usually takes a few weeks, but the timeframes may vary depending on the office's workload and the complexity of your case.

It is important to remember that various difficulties and unexpected obstacles may arise during the process of closing an LLC in Poland. Therefore, it is recommended to consult a lawyer or accounting specialist for additional assistance and advice.

By following these steps and adhering to all necessary requirements and procedures, you will be able to successfully close the company LLC in Poland and complete all related formalities and obligations.

Distribution of assets and settlement of obligations

Before the final closure of the LLC, it is necessary to settle all financial obligations and distribute the assets among the founders (shareholders) of the company. This process may include:

• Repayment of debts: Ensure the repayment of all company debts to creditors and other parties.
• Asset distribution: Divide the property and assets of the company among the founders (shareholders) according to their share in the company.
• Settlement of financial issues: Conduct a financial audit to ensure that all financial matters are settled and completed.

Notification of interested parties

After completing all formalities for closing the LLC in Poland, it is necessary to notify all interested parties about the cessation of activities:

1. Employees: Notify all employees about the termination of their employment relationships with the company and carry out all necessary procedures for closing their employment contracts.
2. Clients and partners: Notify all clients and business partners about the cessation of the company's activities and provide them with the necessary information about the next steps.
3. Government authorities: Provide all necessary documents and notifications of the termination of the LLC's activities to the relevant state authorities, including tax and registration authorities.

Completion of the closure process

After completing all previous steps, your LLC will be officially closed in Poland. Make sure you have received confirmation of the termination of activities from all relevant authorities and organizations.

Closing an LLC in Poland is a serious and responsible step that requires careful planning, compliance with all legal requirements and formalities. Seek professional help and advice to ensure that you have completed all necessary steps and procedures correctly and properly.

After completing the closure process of the LLC, you will be able to turn to new projects and opportunities, armed with the experience and knowledge gained during the operation of your business.