Termination of activities of a LLC
1. Summary
The merchant has the right to voluntarily suspend his or her activities for a maximum period of three years. The activity of the merchant has been suspended from the day when information regarding the suspension of the activity of the merchant has been entered in the commercial Register.
We note that under commercial Law, participants/shareholders have the right to participate and vote in the meeting remotely, or to vote before the meeting. Read more in the Explanatory Notes on Remote participation in meetings of Members, shareholders and Members section.
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1-3 working days (not including the day of submission)*Review
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from 20,00 EURCosts
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Can be done electronicallySubmit documents
* The statutory time limit for examining documents may be extended on the basis of Section 64, Paragraph two of the Administrative Procedure Law.
Documents to be submitted:
- application form KR1;
- minutes of the meeting of Members or a decision;
- if the particular type of service is not available on the e-services portal registrs.ur.gov.lv or the application is submitted via postal services, information regarding payment of the State fee shall be appended (receipt or a copy thereof, or printout of an Internet bank payment or free text information). Important! To make sure that the specific application is submitted electronically to the e-service registrs.ur.gov.lv, please search your service in the detailed list of services.
Deadline for submission of documents in the Enterprise Register: 14 days from the decision.