Any company registered in Luxembourg that wishes to cease trading and to go out of business (even on a voluntary basis) must appoint a Liquidator, the role of which is defined in Luxembourg Company law. The appointment of a Liquidator is made by the shareholders, usually at an extraordinary general meeting and the Liquidator is then responsible for the entire liquidation process.
For regulated investment and / or fund companies the appointment of a Liquidator is subject to the prior approval of the CSSF. The Liquidator replaces the Board of Directors as the manager of the company and works with the company administrators to ensure that all creditors are paid, that any contracts and agreements are properly terminated and that the tax and official registrations are concluded.
The Partners at The Directors’ Office are available to be appointed as Liquidators bringing their specialist knowledge and experience to fund liquidations and / or the close down of other financial structures.
Please contact for further information.