Company Liquidation in the AIFC

Company liquidation in the Astana International Financial Centre (AIFC) is a process in which a company ceases its operations by deciding to close its business.

Entrust this matter to an officially qualified professional — an AIFC-registered liquidator, who will assist the company in fulfilling all regulatory obligations in accordance with the AIFC Acts and in terminating its operations.

Company liquidation in the AIFC requires the completion of a number of mandatory procedures, including notifying regulators, settling debts, completing financial transactions, and submitting the required documents. This process may take some time, but its proper execution ensures the legality and transparency of the company’s liquidation.

Liquidation

Benefits of Proper Execution of the Liquidation Process:

Financial Reporting

The liquidation process includes a review of financial statements and ensures that all tax obligations are fulfilled.

Compliance with all legal procedures helps avoid fines or other sanctions imposed by regulatory authorities.

Minimisation of Sanction Risks

Legal Compliance

Completing the liquidation in accordance with AIFC requirements helps avoid legal issues in the future.

The liquidation process helps settle all financial obligations of the company.

Settlement of Debt Obligations

Types of Liquidation Procedures in the AIFC

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This procedure allows a company to be liquidated within the shortest possible timeframe, provided certain grounds are met.

Simplified Liquidation

Simplified reporting, where information relating to the confirmation date and reporting period must be completed.

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Voluntary Liquidation

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In the event of company insolvency (bankruptcy) or other applicable grounds, liquidation is carried out compulsorily. The involvement of the AIFC Court is possible.