Re: Closure of SL company
In order to close a company all the assets and debtors/creditors will need to be liquidated.
The balance sheet will need to be submitted to the Registro Mencantil and there cannot be any outsding loans or debts.
You will need to:
1.- Buy the car from the company
2.- sell it to someoneelse.
3.- Pay the loan off.
4.- Speak to you bank and trasfer the loan to you personal name.
Please note that autonomos are also obligate to pay quartely taxes too . Tax rate can upto 43% (with plans to increase them in the neart future). Company taxes is 25% on the first 120.000 euros.
Best regards