The process of dissolution of companies for small businesses that report a 50% loss of their capital could become more flexible. Ventures that, generally, in the first years face problems can have up to three years of grace to stabilize and to avoid an imminent closing.
The proposal heads the list of orders that the Department of Companies has submitted to the Legislature, to simplify processes. Natalia Rodríguez, a lawyer and advisor, says that the largest amount of massive dissolutions corresponds precisely to these small businesses that, commonly, face adversity in the early years.
The controlling agency also encourages other processes such as digital dissolution, which allows the dissolution and liquidation of companies. “This may be a process that it took months, and now it can be done in weeks or days,” explains Rodríguez. (I)