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Latvijas Republikas Uzņēmumu Reģistrs

Changes in the composition of the liquidators of a LLC (SIA) with reduced equity

1. Summary

The composition of the liquidator may be changed after the liquidation proceedings are initiated and before they are completed. The shareholders’ meeting is entitled to dismiss the previous liquidator and to appoint another person instead. The liquidator may also resign at own initiative.

  • 1-3 working days

Documents for submission:

If the liquidation proceedings have been initiated at the initiative of the State Revenue Service or the Enterprise Register, the shareholders’ meeting has no right to change the composition of the liquidators.