Is it time to shut down your company?

Side view of an empty desk with cardboard boxes on them

A lack of future prospects can lead an entrepreneur to shut down their company down. What steps do they need to take?

An entrepreneur may bring an end to their business for several reasons, not only when facing bankruptcy but also based on a simple choice in a delicate economic situation or after a long career. This section explains the steps to be taken to shut the company down and describes the main consequences on the entrepreneur and their creditors.

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Last modification 27.09.2019

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