LLP Closing

Drafting and passing a board resolution recommending the closure of the LLP. This resolution outlines the reasons for the closure and specifies the details of the proposed winding-up process.

Obtaining the written consent of all partners for the closure of the LLP. This ensures that all partners are aware of and in agreement with the decision to wind up the LLP.

Appointing a liquidator who will oversee the winding-up process, including the realization of assets, settlement of liabilities, and distribution of remaining assets among partners.

Preparing a comprehensive liquidation plan that outlines the steps to be taken during the winding-up process. This plan includes the identification and valuation of assets and liabilities.

Filing the final financial accounts and returns with regulatory authorities to formally conclude the LLP’s financial obligations.

Communicating with creditors, stakeholders, and regulatory authorities to inform them of the LLP closure and address any outstanding matters.

Board Resolution for LLP Closure

Partner Consent for LLP Closure

Appointment of Liquidator

Asset
Realization

Communication with Creditors

Dissolution
Certificate