Company Liquidation in Uzbekistan

ONELAW supports company liquidation at every stage, from the corporate decision to remove the legal entity from the state register.

Liquidation requires settlement of obligations to creditors, public authorities, employees and counterparties. Procedural errors may prevent completion, trigger tax assessments and lead to new disputes.

Scope of Services

ONELAW provides support at all key stages:

— analysis of the corporate documents and current condition of the company;
— preparation of the liquidation resolution;
— preparation of documents appointing the liquidator;
— assistance with publication and creditor notification;
— analysis of creditor claims and company liabilities;
— support with settlements with creditors, employees and the state budget;
— legal support during the tax audit;
— assessment of additional tax, penalties and other claims;
— preparation and review of the interim liquidation balance sheet;
— preparation and review of the final liquidation balance sheet;
— assistance with closure of bank accounts;
— preparation of documents for removal from the state register.

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When ONELAW Can Assist

Voluntary liquidation

Support with terminating a legal entity by resolution of its participants or shareholders.

Appointment of a liquidator

Preparation of the resolution and documents transferring authority to the liquidator.

Creditor matters

Organisation of creditor notification, review of claims and support with settlements.

Tax Audits

Legal support during an audit of the company’s financial and business activities and management of tax risks.

Settlement of liabilities

Legal support during an audit of the company’s financial and business activities and management of tax risks

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ONELAW Approach

Company liquidation is not a formal closure of a legal entity. The procedure must address corporate resolutions, creditor obligations, tax matters, employment relations, existing contracts and possible disputes.

ONELAW assesses the liquidation based on the company’s actual position, including debts, assets, turnover, open contracts, tax exposure and third-party claims.

Our objective is to complete the termination of the company legally and avoid creating new liabilities or subsequent disputes for the client.

Key Matters to Consider

Before commencing liquidation, it is necessary to determine:
— whether the company owes debts to the state budget, employees or counterparties;
— whether there are open contracts and outstanding obligations;
— whether there are assets, property, receivables or pending disputes;
— who will be appointed liquidator;
— whether tax risks or grounds for an audit exist;
—whether creditor claims must be settled;
— whether accounting and corporate documents are ready for the procedure.

Early-stage errors may delay the process, result in additional tax assessments, prevent completion or give rise to new disputes.