In the history of modern business, it is sometimes necessary to eliminate LLP, as an economic entity. On the background of modern business sometimes there is need to wind up LLP. We will not describe these situations, but move on to matters: Procedure of winding up of business entities is a continuous and quite complicated process. First of all, LLP’s incorporators shall notify creditors on winding up, sending them notifications and placing advertisement in official source of mass media of Ministry of justice of the Republic of Kazakhstan. Partnership’s creditors are entitled to claim within two month. Further you should notify tax department at the location of LLP on winding up of the Partnership and to submit necessary winding-up reporting. Tax authorities shall perform cameral and limited scope audit of economic activity of business entity for the last five years. The following steps for winding up of business entities is closing of bank accounts, obtaining of certificate from tax authorities, drawing up of certificate of disposition of seals, annulment of account of LLP. Final step for winding up of LLP is a procedure registration of winding up of the partnership’s activity. And, finally, justice authorities shall issue You an order on recording Your company into national register of business identification numbers of the Republic of Kazakhstan as a business entity ceasing its activity. If You need assistance in winding-up of a partnership and other business entities, please call +7 701 467 34 50 and we will help You!