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We stop activity of LLC

There are situations when it is necessary to suspend business activities. In this case, the cardinal solution is the liquidation of the company and a complete stop of activity.
In this case, the entrepreneur may prefer a temporary shutdown of the LLC. In other words, the activity is frozen for an indefinite time. In the legislation there is no concept – “suspension of activity”. With economic entities such action is not yet provided. For this reason, if there is a need to temporarily stop the activities of the company, you can turn to experienced in this business enterprises.

In order for the activities of LLC to be suspended, it is necessary to make sure that no operations are carried out with the settlement account. In other words, no financial expenses and income. The second condition is that the organization should not conduct economic activities. Operations should all be suspended. At the same time, it is necessary to submit all reporting documents on time and regularly. Also it will allow to preserve the company, to reduce expenses. Initially, by the relevant order stating that the company is suspending its activities.

The tax office must be notified of the suspension of the company. As we noted, the law does not provide for such a process, so you will need to prepare a letter that the company is temporarily not working, and reports will be submitted zero. It is imperative that we fulfil all our commitments over the past period. This means paying mandatory fees and taxes. It is necessary to take measures to the Bank account was also frozen, that is, no operation. After all, would give zero accountability. After completing the entire procedure, you can wait for the difficult times to pass, and again you can start the activity.

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