Corporate restructuring

Restructuring means change of the legal form of a legal entity, when a new legal form entity takes over all commitments and rights of the restructured legal entity. After completion of restructuring procedures, the legal entity does not seize, operation activities do not stop, only the legal form changes (proprietorship becomes a private company, association – public body, and alike), this does not have any impact on the company assets, rights and commitments – they remain for the new legal form entity.

We will take the next actions:

  • Prepare the decision of the legal entity owner to restructure the legal entity
  • Announce about it in the daily newspapers as provided by the set-up documents and advise all creditors of the legal entity
  • Register legal status of the restructured legal entity at the Register of Legal Entities
  • Prepare financial reports of the new legal form entity
  • Reserve the name of a new legal form entity at the Register of Legal Entities
  • Submit set-up documents and forms for the notary approval
  • Register at the Register of Legal Entities

The restructuring price: from € 350 + VAT to € 500 + VAT

A standard service price – € 500 + VAT

The standard price is reduced to € 400 + VAT, if the customer concludes a fixed 12-month accounting service agreement with UAB “FINITA”.

The minimal service price of  € 350 + VAT is applied, if the customer concludes a fixed 18 month accounting service agreement with UAB “FINITA”

Further information on UAB “FINITA” accounting services and rates can be found in the section ACCOUNTING

Restructuring period: standard company restructuring usually takes about 2 weeks. Restructuring can take from 30 to 100 days for a more complicated company (having many creditors, improper accounting, etc.)

If you wish to perform all restructuring procedures and pay all fees (notary, Centre of Registers, announcement, etc.) on your own, order FINITA service of preparation of company restructuring documents. This service together with drawing up a restructuring plan will cost you € 200 + VAT. The service price is reduced to € 77 + VAT, if the customer concludes a fixed 12-month accounting service agreement with UAB FINITA

If restructuring service seems too expensive to you or, due to other reasons, you do not wish to be engaged in your company restructuring, we can offer you purchase of your company.

If you wish to purchase a new company UAB from FINITA or to get further information:

Please fill the contact form and we will contact you as soon as possible!

Or contact us by email info@finita.lt (please write your name, your company name, your question and we will contact you as soon as possible!)

Call us +370 5 2335050 or +370 600 20027, skype name finita-baltic

 

The price of accounting management service – from 77 EUR + VAT/month

Wishing to instantly purchase private limited liability company UAB that is fully ready for operation – read about it in the section CORPORATE SALES

If you wish to set-up a company at lower costs, you can order FINITA new company set-up service – complete new UAB company set-up will cost from 350 EUR + VAT to 500 EUR + VAT. Further information on company set-up service can be found in the section SET-UP SERVICE PACKAGES

FINITA – Business easier!

If you want us to set-up a new company UAB for you or to get further information:

  • Please fill the contact form and we will contact you as soon as possible!
  • Or contact us by email info@finita.lt (please write your name, your company name, your question and we will contact you as soon as possible!).
  • Call us +370 5 2335050 or +370 600 20027, skype name finita-baltic.

The price of accounting management service – from 77 EUR + VAT/month. Wishing to instantly purchase private limited liability company UAB that is fully ready for operation – read about it in the section CORPORATE SALES.

If you wish to set-up a company at lower costs, you can order FINITA new company set-up service – complete new UAB company set-up will cost from 350 EUR + VAT to 500 EUR + VAT.

Further information on company set-up service can be found in the section SET-UP SERVICE PACKAGES.


FINITA – Business easier!