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Joint Venture liquidation services in Turkmenistan

Careful planning, following legal requirements, and meticulous execution are necessary when liquidating a Joint Venture (BK) in Turkmenistan. Our extensive liquidation services are intended to assist you throughout the entire process, guaranteeing adherence to Turkmenistan laws and safeguarding the interests of all stakeholders.

Our Joint Venture liquidation services

We offer a range of services designed to meet your company’s specific requirements, offering professional advice and assistance every step of the way during the liquidation process. We take care of everything from the initial planning stage to the final deregistration to guarantee a seamless and effective procedure.

Planning and preparation

Successful liquidation starts with comprehensive planning and preparation. Our team will collaborate with you to create a plan that covers all the essential steps and obligations.

Customized liquidation planning

We work together with you to create a thorough plan for liquidation that outlines all required steps. This involves paying off debts, evaluating assets, and dispersing any remaining funds, guaranteeing that each stage is carefully planned and carried out.

Document preparation and filing

In order to guarantee a smooth liquidation process, we help collect all necessary documents. This consists of corporate records, financial statements, contracts, and other important paperwork, making sure everything is organized for an easy transition.

Qualified liquidator appointment

Our service involves assigning a qualified liquidator to manage the entire process. They will make sure to comply with Turkmenistan law, safeguarding the rights of all parties involved and assisting you through every stage of the liquidation.

Asset management and distribution

Expertise and transparency are necessary when managing and distributing assets in a Joint Venture during liquidation. Our team guarantees that all procedures adhere to legal regulations and and optimize value.

Asset realization and distribution

Our experts diligently evaluate and sell business assets, ensuring that the process is transparent and compliant with Turkmenistan laws and regulations to maximize asset value for fair distribution.

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Liability settlement services

We thoroughly examine and resolve any unpaid debts and obligations, guaranteeing fair treatment of creditors. Our attention to detail supports the reputation of your Joint Venture and ensures all financial commitments are met.

Finalization and compliance

The last steps of the liquidation process include crucial actions to ensure that all legal requirements are fulfilled and that the process is concluded correctly.

Employee rights and obligations management

Our skilled liquidators guarantee that all Turkmenistan employment laws are followed completely. We manage severance pay, end of employment processes, and discussions with employees to make sure that all employee entitlements are honored and requirements are fulfilled.

Tax and financial management

We offer thorough assistance in handling the tax and financial consequences of liquidation. This involves recommendations on capital gains tax, employee taxation, and other pertinent financial concerns, with the aim of streamlining the process and reducing potential risks.

Liquidation finalization and company deregistration

After meeting all necessary requirements, we help finalize the liquidation process and cancel the company’s registration with the relevant authorities in Turkmenistan. This guarantees a seamless and lawful closure, meeting all legal responsibilities.

Alternative to Joint Venture liquidation

If liquidation is not the preferred choice for your business, selling the company could offer a feasible alternative. Our professionals can help you in investigating this option.

Joint Venture sale services

Instead of closing down, you have the option to sell your business. Our experts can assist you in getting ready and carrying out the sale, guaranteeing that you get the most favorable terms and value for your company.

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Ongoing support and consultancy

Our team is committed to providing ongoing support and guidance throughout the liquidation process, addressing any concerns and adapting to changing circumstances. We aim to offer expert advice and practical solutions to keep you informed and confident in your decisions. This continuous support is essential for successfully navigating the complexities of liquidation and ensuring a smooth process from beginning to end.

Contact us

If you require direction or help during the liquidation of your Turkmenistan Joint Venture, our team of specialists is available to assist you. We offer comprehensive advisory services to ensure a smooth and successful closing process. Schedule a consultation with us to begin.

Contact us