01 / 06
Liquidation - no buyer
Slowest (6-9 mo), most expensive, but clean closure.
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 minimumShare sale
2-4 weeks
at notaryAsset M&A
2-4 months
DD + salePIT on sale
19%
shareholder's gainWhen to use what
Each path has different timelines, taxes, risks.
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.
- 01
Consultation
30 minLiquidation vs share sale vs merger. Tax modeling.
- 02
Shareholder resolution
1 weekOpen liquidation, appoint liquidator, file with KRS.
- 03
MSiG announcement
7-14 daysCreditor invitation in the Polish court and business gazette, 3 months to file claims. It is a paid announcement, covered by the company.
- 04
Settling obligations
2-6 monthsLiquidator sells assets, pays debts, terminates employees.
- 05
Liquidation balance sheet
1 monthOpening and closing balances filed with KRS and tax office.
- 06
Asset distribution
6 months from MSiGCannot happen earlier.
- 07
KRS deletion
1-3 monthsAfter distribution.
- 08
Tax/ZUS closure
1 monthVAT cancellation, NIP closure. Payroll records are kept 10 years from the end of the year employment ended (contracts from before 2019 may require 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
300 PLN
Document review and written plan · credited towards the servicePopularJDG closure
from 2,500 PLN
CEIDG-1 + ZUS ZWUA + VAT-Z + inventoryShare sale
from 1,800 PLN
Notary + KRSLiquidation
from 2,500 PLN
Full cycle 6+ monthsFull M&A
from 15,000 PLN
DD + agreement + close* Liquidation: + MSiG ~600 PLN, notarial minutes of the dissolution resolution - at most 750 PLN net under the notary tariff, KRS fees 250 PLN (opening liquidation) and 300 PLN (deletion). 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
LegalWin BlogArticles on this topic
Related services
Everything a foreigner needs in PolandGet in touch
Wind-down or sale
Consultation 300 PLN, credited towards the fee: we pick the path and model the tax. Share sale from 1,800 PLN, liquidation from 2,500 PLN.
- +48 506 55 07 21
- [email protected]
- [email protected]
- Mon-Fri · 8:30 - 19:00
- ul. Świętokrzyska 30/63, 00-116 Warszawa
Form · 01
GDPR · TLS