After satisfying the claims of creditors or covering the costs of the deposit and liquidation of the sums provided for them, the liquidator shall draw up a financial statement of the closing of the foundation and distribute the remaining property of the foundation among the persons entitled to such property in accordance with the articles of association, unless otherwise specified in law.

The liquidator shall submit an application for the completion of the liquidation to the register authority after the remainder of the distribution of the property of the foundation.

Documents to be submitted:

• Application Form B9
• Closing financial statement
• A receipt or a copy thereof, or a printout of an online bank payment, or information on the payment of the State fee

Before submitting an application for the exclusion of the rightholder from the register, make sure that all the obligations with the State Revenue Service have been settled. The Enterprise Register shall request an appropriate statement from the State Revenue Service prior to the exclusion of the foundation electronically. If the State Revenue Service provides a reply that all debts have not been settled or all necessary reports or reports have not been submitted, the Enterprise Register will postpone the exclusion of the association from the register and determine the deadline for the elimination of deficiencies.