Liquidation of Companies in Milan, Italy | Corporate Lawyers in Milan
Dimarco & Partners International Law Firm
Our Corporate Lawyers in Milan are able to provide legal assistance in the field of company liquidation in Milan and in the other italian cities. We provide this kind of assistance to our foreign Clients that during the years set up a company in Milan or in any other Italian city that, for different reasons, need to be liquidated and closed.
Closing a company in the correct way it is an important job, in order to avoid prejudices and liabilities for the director or for the board of directors. It often happen that the company to be closed has several debts and, in this case, we can also provide all the activities to restructure the debts judicially or extrajudicially, promoting agreements with the creditors.
The voluntary liquidation is the compulsory step in order to close the limited liability company. The peculiarity is that on the place of the director it will be appointed a liquidator.
There are 3 phases of the liquidation:
The director of the company in liquidation is the liquidator (or the liquidators), that is normally appointed in the shareholder meeting with the majorities provided by the law or amended by the statute.
The shareholder meeting can also provide the revocation of the liquidator (or of the liquidators) with the same majorities. The main task of the liquidator is to organize all the activities of the company as getting the payment of the credits, arrange the payment of the debtor and to preserve the company from possible financial troubles.
Our firm gives consultancy to all the liquidators and help the foreign Clienta to close the company advising on all the troubles that may arise from any violation of the Italian law that, of course, is very complicated for a foreign citizen.
We look forward to cooperate with you.