Intruduction
Liquidation of a company (a legal entity) is the most transparent way of terminating a business from both owner's and creditor's point of view. The most important reason is a fact that you avoid possible creditors' accusation regarding avoiding repaying of debts. A liquidator is appointed by the company itself and a compensation is stipulated on the basis of scale work to be done (according to the size of the company, number of employees or even such detail like an amount of corporate documents).
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