How to sell a company with debts

The easiest way to liquidate a company with debts is to sell the company to new owners. In this case, the chief accountant and the head of the company change. Thus, all responsibility for the company and for all financial affairs in it will be borne by new owners and officials in the future.

Instruction manual

1

Select a candidate for the new founder and head of the company. Prepare all statutory and financial-economic documentation in order to submit it to the tax authorities of your city or region.

2

Pay the state fee in the prescribed amount. Assure in the notary's office of the signature of the new CEO on the application for the incorporation of a new company in the register (form P14001).

3

Submit documents for state registration with the Federal Tax Service (you must submit them through the new head of the company). Get the documents from the Federal Tax Service. Among the documents:

- extract from the Unified State Register of Legal Entities about the new founder of the organization and about its new general director;

- certificate of registration of changes in the constituent documents of the organization (address of the company, its contact details and details);

- certificate of registration of changes not related to the constituent documents of the organization.

4

Register the contract of sale, without fail providing the following documents:

- company inventory accounts;

- balance sheet;

- An expert opinion drawn up after an audit of the company by an independent auditor;

- a list of all debts with an indication of their size and terms of repayment.

5

Prepare an act of acceptance and transfer of all financial and economic documentation of the company. On this act should be both your signature and the signatures of the new owner of the organization, the new chief accountant and other officials (if this is provided for in the new charter of the organization).

note

Unlike real estate transactions, it is necessary to register not only the transfer of property to the new owner, but also the contract itself. The contract will be considered concluded only from the moment of its registration.