Checklist for closing down a business
1. FILE A NOTIFICATION OF TERMINATION
When your company’s business operations end, you must file a notification of termination.
When you file a notification of termination, the information is also transmitted to the Tax Administration, which will remove the company from its registers.
2. CHECK THE PREPAYMENT AMOUNT
4. store the material
Remember to file the notification of termination – otherwise the operations are considered to continue
If you do not file a notification of termination, the company’s business operations are considered to continue. In that case, you must keep filing tax returns on VAT, employer’s contributions and other self-assessed taxes on a regular basis.
Also note that unemployment allowances and other benefits may require that the business has really been closed down and that the Tax Administration has been notified.