Voluntary liquidation is initiated by shareholders, while judicial liquidation is ordered by a court due to insolvency.
Yes, if your company meets certain conditions such as having no employees, no litigation, and limited creditors.
It varies from 3 months (simplified) to over 18 months (judicial).
Yes, Luxembourg law requires appointing a liquidator to oversee the process.
All debts must be settled before closure; otherwise, liquidation cannot be finalised.