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Small partnership (MB) / Individual enterprise (IĮ) liquidation

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Closing a small partnership (MB) or sole proprietorship (IĮ) usually raises a lot of questions. We’ll walk you through every step required for MB or IĮ liquidation, handle the paperwork, and make sure registration is properly terminated.
  • From 300 Eur + VAT to 1000 Eur + VAT
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About our services - MB / IĮ liquidation

  • Accounting services to prepare the necessary balance sheets for the liquidation process.
  • Archiving company documents in accordance with all requirements.
  • Delivery of the prepared archives to the designated storage authorities.
  • Receipt of a certificate of final settlement with the state budget.
  • Submitting the relevant forms and documents to the State Tax Inspectorate (STI) and other relevant authorities.
  • Final deregistration of the company from the registers.

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QUESTIONS?

Discuss your needs today

Contact us for a free consultation to discuss how we can help you

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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Helping businesses grow

We solve accounting challenges for different companies.

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Many years of experience

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

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Putting the customer first

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

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Operational decision system

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

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Helping businesses grow

We solve accounting challenges for different companies.

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Many years of diverse experience

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

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The customer comes first

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

post title image title

Operational decision system

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

The process of providing accounting services

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A frank conversation

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

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Situation analysis

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

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We make an offer

We provide a cooperation offer, take over the documents.

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We care about you

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

post title image title

A frank conversation

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

post title image title

Situation analysis

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

post title image title

We make an offer

We provide a cooperation offer, take over the documents.

post title image title

We care about you

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

Our customers speak for us

All reviews

GET A QUOTE

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

Get an exclusive offer

Frequently asked questions

How long does MB or IĮ liquidation take?
The process usually takes 3–6 months, depending on outstanding obligations and how quickly the required documents can be prepared.
Who should be appointed as liquidator of an MB or IĮ?
Most often this is the company owner or managing director, but another person can be appointed as well.
s a notary required for MB / IĮ liquidation?
MB liquidation can usually be completed electronically. For an IĮ, notarial actions may be required — particularly when documents are submitted in person.
Does MB / IĮ liquidation need to be publicly announced?
Yes — the liquidation must be published on the Centre of Registers' public notices portal, giving creditors the opportunity to file claims.
What happens to the company's remaining assets after liquidation?
Any remaining assets are distributed to the owner(s) only after all debts have been paid and every obligation has been fulfilled.

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