APR: Forced liquidation of nearly 4,000 firms launched in February
The Business Registers Agency (APR) has announced that in February it initiated the procedure of forced liquidation of 3,956 companies that did not submit their financial statements for 2019 and 2020.
As stated, the financial statements were not submitted until the end of the business year 2021, in accordance with the Law on Accounting.
Previously, the APR published notices to companies that the conditions for compulsory liquidation had been met.
„On the Agency’s website, notices were published to companies about the initiation of compulsory liquidation within 60 days and the registration status was changed, and a phrase was added to the business names of these companies – „in compulsory liquidation“, it is stated in a press release.
Decisions on the initiation of compulsory liquidation procedures were sent by mail to the headquarters of these companies.
The APR announced that upon the expiration of the legal deadline of 60 days from the date of publication of the notice on the Agency’s website, the competent registrar would adopt bylaws on deletion within 30 days.
Based on these decisions, these companies will be deleted from the register, in accordance with the Law on Registration.