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Dissolution of the Association

Du žmonės diskutuojantys dėl asociacijos likvidavimo
Winding up an association can be difficult without professional help. We ensure that all the steps to wind up the association are carried out accurately and on time. From the decision to the deregistration, we take care of everything.

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Du žmonės diskutuojantys dėl asociacijos likvidavimo

About services - winding up the association

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Why choose us?

ELV Projects are professionals and enthusiasts in their field and can help you with a wide range of issues. We take care of company accounting throughout Lithuania and remotely.

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We solve accounting challenges for different companies.

Many years of experience

In our 11 years of existence, we have served more than 300 different businesses.

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Operational decision system

We take care of your bookkeeping without holidays! Contact us the same day.

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We get to know the client’s situation, understand their wishes and expectations.

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We analyse the client’s situation and provide the best solution.

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We provide a cooperation offer, take over the documents.

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Frequently asked questions

How long does it take to wind up an association?
The winding-up process takes an average of 3-6 months, depending on the volume of the association's activities, debts and paperwork.
Do I need to appoint a liquidator?
Yes, a liquidator must be appointed when the association is wound up - this can be the manager or another person approved by the meeting of the persons.
What documents are needed to start the winding-up of an association?
You need to draw up a winding-up decision, appoint a liquidator, draw up a winding-up balance sheet and submit the documents to the Registry Centre.
Do I need to inform other institutions besides the Centre of Registers about the dissolution of the association?
Yes, the State Tax Inspectorate (STI), SODRA and other partners or institutions as appropriate must be informed.
Can an association be dissolved if it has debts?
No, all creditors must be paid first. If debts arise during the liquidation, the process is stopped or the bankruptcy procedure is triggered.