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Liquidation of a public-private entity

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The winding-up of a public body must be carried out in accordance with the law. We will prepare all the necessary documents for the winding-up of a publicly owned establishment and submit them to the registers. We will help you to smoothly implement all stages of the winding-up of a public body.
  • From 300 Eur + VAT to 1000 Eur + VAT
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About our services - Winding-up of public limited liability companies

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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.

Helping businesses grow

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.

Putting the customer first

We listen to our customers’ needs, advise them and solve problems.

Operational decision system

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

Helping businesses grow

We solve accounting challenges for different companies.

Many years of diverse experience

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

The customer comes first

We listen to our customers’ needs, advise them and solve their problems.

Operational decision system

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

The process of providing accounting services

A frank conversation

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

Situation analysis

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

We make an offer

We provide a cooperation offer, take over the documents.

We care about you

We take care of the client’s bookkeeping and advise on business issues.

A frank conversation

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

Situation analysis

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

We make an offer

We provide a cooperation offer, take over the documents.

We care about you

We take care of the client’s bookkeeping and provide advice.

Our customers speak for us

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Put your company’s bookkeeping in the hands of professionals!

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Frequently asked questions

How is the decision to wind up a publicly owned establishment taken?
The decision is taken by a majority of the shareholders, or by a court if there are legal grounds.
Is a public announcement of the winding-up of a publicly owned establishment necessary?
Yes, it is necessary to publish a notice in the Registry Office and, in some cases, in a newspaper to inform third parties of the liquidation.
What happens to the assets of a publicly owned establishment after liquidation?
Assets must be transferred to non-profit organisations with similar activities - in accordance with the Public Enterprises Act and the statutes of the institution. It cannot be distributed to shareholders.
How long does it take to wind up a publicly owned establishment?
The process usually takes between 3 and 6 months, depending on the paperwork, settlements and institutional workflow.
Is a liquidator needed and who can be one?
Yes, a liquidator must be appointed. They are usually appointed by the shareholders and can be either the head of the institution or another responsible person.

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