The dissolution of an enterprise marks a significant legal milestone, signifying the termination of its legal status and all business operations in the market. This procedure is strictly regulated by law to ensure transparency and protect the rights and interests of all relevant parties. When a resolution on dissolution is adopted, the company must clearly state the reasons for its termination, and the authority to issue such a decision depends on the company type — the owner in a single-member limited liability company, the members’ council in a multi-member limited liability company, or the board of directors in a joint stock company. After the resolution is issued, the business registration authority records the legal status of the enterprise as “under dissolution” on the National Business Registration Portal. The enterprise must then carry out asset liquidation, fulfill salary and severance obligations to employees, and settle debts with creditors and state agencies. Within two working days from receipt of the dissolution notice, the business registration authority shall request the tax authority to confirm whether the enterprise has completed its tax obligations. If the tax authority provides confirmation or does not respond within the prescribed time, the business registration authority shall finalize the dissolution procedure within five working days after receiving a complete and valid dossier.

From a legal perspective, dissolution is not merely an administrative formality — it represents the enterprise’s final act of responsibility toward the State, employees, partners, and the marketplace. It serves as a lawful conclusion that terminates all future obligations, protects the rights of stakeholders, and upholds legal order and business discipline. Therefore, a transparent and law-compliant dissolution process not only demonstrates regulatory compliance but also reflects the enterprise’s integrity, professionalism, and legal culture in a modern business environment.