Power of Attorney for the Liquidation of the Company

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Yes. As long as you have legal capacity and are a partner or person with legitimate interest in the company liquidation, you can designate another person as attorney-in-fact to act on your behalf during the process.

Yes. If the power includes the necessary powers, the attorney-in-fact will be able to sign the liquidation deed and officially register it with the Commercial Registry, thus completing the entire legal company closure process.

Absolutely. The power can be configured as specific, authorizing exclusively certain acts such as signing deeds, selling specific assets, or representation before official agencies.

Dissolution is the formal act that ends the company's activity and marks the beginning of the closure process. Liquidation is the subsequent phase where assets are sold, debts are paid, and the remainder is distributed among partners, until the definitive cancellation with the Commercial Registry.

The notarial power of attorney is processed and signed in 24-72 hours. The complete company liquidation process can take several months, depending on the volume of assets, number of creditors, and complexity of the necessary administrative and registry procedures.

You need your valid identity document (ID, NIE, or passport), the complete details of the attorney-in-fact (name, tax ID, and address), company corporate documentation (articles of incorporation, appointments), and a description of the powers you wish to grant. If signing online, you will also need a digital certificate.

Yes. As grantor, you can revoke the notarial power of attorney at any time through a public deed of revocation. It is important to formally notify the attorney-in-fact and third parties with whom they have acted so the revocation has full effect.

Yes. It is usual for the attorney-in-fact (if a lawyer, accountant, or professional) to charge fees for their services. These fees must be agreed in advance between the parties and can be included as a clause in the power itself or in a separate service provision contract.

Yes. The power is valid regardless of the company's financial situation. In fact, it is especially useful when there are debts, since the attorney-in-fact can negotiate with creditors, establish a payment order, and manage the liquidation of corporate assets in accordance with the law.

Yes. You can appoint several attorneys-in-fact and determine whether they will act severally (each can act individually) or jointly (they must all act together). This configuration will depend on the level of control you wish to maintain over the process.