Termination with blocking year
The termination of the GmbH requires a shareholder resolution. If the shareholders agree, the economic activity can be stopped, and the termination of the GmbH can be decided. There are two different options for terminating and dissolving a GmbH. The GmbH can be liquidated after a blocking year. During this year, creditors can file claims against the GmbH. These claims must then be made. If these are paid, the GmbH can be liquidated. In the blocking year, the GmbH itself can also make claims. If foreign claims are then settled and own claims have been collected, the GmbH can be liquidated. This means that the remaining assets are paid out to the shareholders.
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