How it works in practice
Plan exit as a project with parallel workstreams: labour, tax, banking/SAFE, landlords, IP, and registry. Buyers of equity often require clean compliance; pure deregistration is slower but may be the only option if there is no buyer. Compare sale vs liquidation early with counsel.
FAQ
Can we just abandon the company?
No. Unclosed entities create annual filing, legal-representative, and potential blacklisting risk. Creditors and authorities can still pursue residual issues.
How long does deregistration take?
Simple clean exits may complete in several months; tax or labour disputes can extend far longer. Timelines are fact-specific.
Is equity sale simpler?
Often commercially faster, but due diligence, SAMR/NSR issues (if any), and tax on the transfer still apply. See M&A basics.