Enty's Business Glossary:

Liquidation of a Company

Liquidation (also known as dissolution) is the process of the company’s legal destruction when it cannot comply with its obligations. This operation may be even more labor-intensive and long than company incorporation due to the more complicated law and need for notary participation. There are many different ways to dissolve the company that varies from one legislation to another.
Liquidation of a Company
Liquidation (also known as dissolution) is the process of the company’s legal destruction when it cannot comply with its obligations. This operation may be even more labor-intensive and long than company incorporation due to the more complicated law and need for notary participation. There are many different ways to dissolve the company that varies from one legislation to another.