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Liquidation Services

The liquidation advice team at Ahmed Ghattour & Co covers everything you need to be aware of when your company faces liquidation.

Liquidation Services

Ahmed Ghattour & Co. understands the substantial challenges businesses may face during abrupt regulatory changes and financial distress in Libya. Seeking timely guidance and support is crucial in such circumstances. Our comprehensive liquidation services are designed to provide expert advice in navigating this process effectively.

As advisors to struggling companies and trustees, we are committed to offering the following services:

  • Conducting thorough reviews of liquidation proceedings
  • Assisting in identifying and pursuing claims
  • Preparing bankruptcy and insolvency analyses to facilitate informed decision-making
  • Providing support with tax returns, claim reviews, and objections
  • Reviewing records to uncover undisclosed assets
  • Compiling debtor information for evaluation
  • Offering interim and crisis management support
  • Developing and implementing operational and restructuring turnarounds
  • Our customised liquidation advice is aimed at helping your business transition to new opportunities and embrace a fresh direction.

Our services encompass:

  • Initiating the liquidation process by announcing the company’s entry into liquidation and ensuring compliance with all statutory requirements
  • Preparing the resolution on company dissolution and related documentation
  • Handling necessary registrations with the local Trade Register
  • Publishing information concerning your company’s liquidation and notifying relevant authorities and creditors
  • Collaborating with our accounting and tax consultants to process all statements for the liquidation period, including tax returns
  • Drafting the final trustee’s report on the liquidation process and proposing appropriate disposal methods for the liquidation balance.

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