Company dissolution
A company dissolution is the dissolution of a company due to the cessation of business activities at the end of its life. It can be one of the consequences of bankruptcy proceedings . For their purpose which takes sale of all assets of the company ( liquidation ). The aim is to pay off the company's debts from the proceeds and to distribute the potential capital gain to the owners. If the balance is negative , the remaining capital loss is distributed among the owners according to their shares.
The dissolution of a company is one of the company phases that characterize the “genetic structure” of business administration, and thus an opposite pole to the establishment of a company . It is to be distinguished from the sale of the company , after which the company's activity continues to be carried out in the sense of its purpose after the takeover. Should the new owners undertake a merger , a company dissolution would also be necessary in the legal sense, with which the existence as a legal person would end.
After the liquidation, the dissolution of the company is completed by the deletion of the company in the commercial register and thus the complete termination . In the case of sole proprietorships who are not merchants within the meaning of the Commercial Code , this corresponds to de- registration .
The dissolution of the company is to be distinguished from the dissolution of the company owner , i. H. the natural person, partnership or legal person who bears the company. If the company is dissolved, the owner of the company will continue to exist, unless it is also dissolved - in a separate process.
See also
Individual evidence
- ^ A b Jean-Paul Thommen : Business Administration (BWL). Internet article. Gabler Wirtschaftslexikon , accessed March 15, 2015 .