• Introduction: Our platform focuses on specific administrative/legal needs of people relating to cessation of private companies.
• Why is the process needed: This is the coming to end of a Company and the legal processes that are involved to ensure that the name of the Company is removed from the Register held at the Companies Registry.
• Risk/what happens if the process is not undertaken: Lack of undertaking the above has legal effects as one would be required to file taxes in respect of the Company regardless of the fact that it is not a going concern.

Set out below is a summary of the requirements, the procedure and the time frame for cessation of a private company.