If a company in Germany can no longer be continued, closing the company remains a possible solution alongside the sale of the company. However, such a solution often proves to be quite complex and lengthy, as there are many legal, financial and organisational issues to consider. Regardless of the reasons for closing the company in Germany, this step must be handled correctly in every respect. If a company is not closed in good time, the managing director may be held privately liable for all liabilities, depending on the company’s legal form.
To ensure that all legal and contractual obligations are complied with when closing a business in Germany, Schlun & Elseven Rechtsanwälte offers skilled and committed legal advice. We examine existing contracts to determine when and under what conditions a company closure can occur. Of course, we also ensure that aspects of German employment law are considered. In addition, we monitor the notifications due to the relevant authorities to ensure that all formalities are complied with. Contact us today to benefit from our expertise.
