The decision on liquidation of a legal entity and its removal from the Unified State Register is made by the registering authority under condition of submission of certificates issued by tax authorities, customs authorities and state insurance company (Belgosstrakh) stating that the legal entity has no outstanding debts to the budget and unfulfilled obligations towards abovementioned bodies. These certificates are submitted on the basis of:
The company is free to choose an auditor or audit organization among those that were granted the right to carry out independent evaluation. Auditors (audit organizations) must comply with the requirements established by resolution of the Council of Ministers of the Republic of Belarus dd. 04.07.2017 N 500 “On provision of services on independent evaluation by auditors of entities’ activities during liquidation (termination of activity)”. The list of auditors and audit organizations, which can be engaged by the legal entity to carry out independent evaluation for liquidation procedure, is available online at the website of the Ministry of finance of the Republic of Belarus.
If your company decided to engage an auditor for carrying out independent evaluation of its activity for the purpose of liquidation, the following shall be noted:
Therefore, tax and customs authorities, Belgosstrah have the right not to carry out inspections in case if they possess the results of independent audit revision and can submit certificates to the registering authority on the basis of this information, thus confirming the absence of the entity’s tax liabilities.
However, there are certain cases when state inspections are inevitable even with an audit report at hand. Tax, customs authorities and Belgosstrakh will carry out inspections nevertheless in the following cases:
In cases described above the company will face state inspections within the course of liquidation procedure even if it engages independent auditors.
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