Closing a sole proprietorship (FOP) with accounting support
An entry on the termination of business activity does not replace the completion of tax and reporting obligations. We review the state of the accounting, carry out the registration action and prepare a plan for completing reporting and settlements.
Stages of closure
- Initial diagnostics of the current state of the accounting.
- Review of reporting, taxes, the unified social contribution (ESV) and registrations (VAT payer status, RRO/PRRO and so on).
- Entry of the record on termination of business activity in the State Register.
- Preparation and filing of the final returns and calculations.
- Monitoring of the available information on the state of settlements with the budget.
- Handover of a list of documents to be retained and of any unresolved matters.
What is important to understand
Entering the record on termination of business activity in the State Register is a separate action from completing tax and accounting obligations. The date of the register entry and the date on which reporting and settlements with the budget are actually completed may not coincide — we support both stages and tell you when the process is genuinely finished.
What affects the cost
- The state of the accounting and any arrears at the time of enquiry.
- The tax system and the presence of employees.
- The number of reporting periods that need final reporting.
- The need for amended returns for previous periods.
Frequently asked questions
Can a sole proprietorship be closed in one day?
The State Register entry on termination can be made quickly, but it does not complete tax and reporting obligations — final reporting and settlements with the budget take separate time.
What happens if there are arrears to the budget?
We check the state of settlements before filing the termination application and advise on the necessary steps if arrears are found.
Do I need to do anything if I had employees?
Yes, HR procedures and the related reporting must be completed — we include this in the closure plan.
Assess the closure of your sole proprietorship
A short introductory conversation is free of charge. Tell us about the current state of your accounting — we will advise on the next steps.
Assess the closure of your sole proprietorship