Starting from 1st June 2018, not only general partnerships, limited partnerships and sole proprietorships but any company may opt for the simplified voluntary winding up procedure if the company is not subject to mandatory audit and if the process will be finished within 150 days.
In the future, a receiver will not be appointed in dissolution processes and his functions will be simply carried out by the company’s executive officers.
Companies will not be obliged to publish a direct notification. The dissolution process shall be initiated at tax authority and the company shall simultaneously submit to the court of registry the proposal for the distribution of assets by the means specified in the E-government Act and its implementing decree as well as the resolution on the relevant questions regarding dissolution using the form provided for by legislation.
The tax authority will notify the court of registry by electronic means within thirty days in case there are no legal impediments of the dissolution from a taxation and social insurance point of view. After the notification is sent and the relevant documents are submitted by the company, the court of registry shall delete the company from the register – provided that the dissolution has been properly completed.