LW
Liquidation · M&A · share transfer

Wind-down and M&A

Sp. z o.o. liquidation or business sale (M&A) end-to-end

Closing a Sp. z o.o. is a formal process: opening liquidation, MSiG announcements, settling obligations, liquidation report, KRS deletion. Minimum 6 months between announcement and deletion. Alternative - selling the business (M&A) or transferring shares. We run both paths: liquidation when no buyer, M&A when there is - faster and tax-efficient.

Liquidation
6-9 months
KSH minimum
Share sale
2-4 weeks
at notary
Asset M&A
2-4 months
DD + sale
PIT on sale
19%
shareholder's gain

When to use what

Each path has different timelines, taxes, risks.

01 / 06

Liquidation - no buyer

Slowest (6-9 mo), most expensive, but clean closure.

02 / 06

Share sale - buyer found

100% share transfer. 2-4 weeks, 19% PIT on gain.

03 / 06

Asset M&A

Sale of selected assets without entity transfer.

04 / 06

Merger

Slip-sale into another Sp. z o.o. - tax exemptions.

05 / 06

Inheritance

Share inheritance on death of shareholder.

06 / 06

Pre-sale prep

Cleanup before M&A doubles sale price.

Liquidation steps

Share sale alternative is 2-4 weeks. Liquidation is 6+ months.

  1. 01

    Consultation

    30 min

    Liquidation vs share sale vs merger. Tax modeling.

  2. 02

    Shareholder resolution

    1 week

    Open liquidation, appoint liquidator, file with KRS.

  3. 03

    MSiG announcement

    7-14 days

    Creditor invitation in Polish business register. 100 PLN fee.

  4. 04

    Settling obligations

    2-6 months

    Liquidator sells assets, pays debts, terminates employees.

  5. 05

    Liquidation balance sheet

    1 month

    Opening and closing balances filed with KRS and tax office.

  6. 06

    Asset distribution

    6 months from MSiG

    Cannot happen earlier.

  7. 07

    KRS deletion

    1-3 months

    After distribution.

  8. 08

    Tax/ZUS closure

    1 month

    VAT cancellation, NIP closure. Payroll docs kept 50 years.

/ documents

What we need

Depends on path.

  • Current KRS extract01
  • Articles of association02
  • Annual financial statements (all years)03
  • Shareholder list with PESEL/passports04
  • Counterparty contracts05
  • Employment contracts06
  • Balance sheet and P&L on liquidation date07
  • Fixed asset inventory08
  • 12 months of bank statements09

Our fee

Liquidation - fixed. M&A - % of deal.

Consultation
Free
30 min · path selection
PopularJDG closure
from 3,000 PLN
CEIDG-1 + ZUS ZWUA + VAT-Z + inventory
Share sale
from 1,800 PLN
Notary + KRS
Liquidation
from 6,500 PLN
Full cycle 6+ months
Full M&A
from 15,000 PLN
DD + agreement + close

* Liquidation: + MSiG ~600 PLN, notary 1,200-2,500 PLN, KRS 350 PLN. M&A: + accounting DD 5,000-15,000 PLN.

Legal basis
  • §01KSH - Chapter 6, art. 270-290 (Sp. z o.o. liquidation)
  • §02Bankruptcy Law of 28 February 2003
  • §03PIT - art. 17 (share sale 19%)
  • §04VAT - art. 6 pt. 1 (going concern outside VAT)
  • §05Civil Code (sale of enterprise)
/ questions

Frequently asked

  • Not via liquidation - KSH (Commercial Companies Code) requires 6 months for creditors. Alternatives: share sale (2-4 weeks), merger (3-4 months).

Journal

Articles on this topic

LegalWin Blog

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/ Send request

Wind-down or sale

Free path selection. Share sale from 1,800 PLN, liquidation from 6,500 PLN.

Send request+48 506 55 07 21