Have you received threats from creditors to put your company into compulsory liquidation, force you out of business or windup your company? Are you considering voluntary winding up your company or wanting to stop this from happening? Whichever, we are here to help you.
When it comes to liquidation, there are three different options
Members Voluntary Liquidation (MVL)
Members Voluntary Liquidation is the voluntary winding up of a company that is no longer trading, and funds need to be distributed to shareholders once all creditors have been settled. This is used as a tax efficient way to close a company as long as the shareholders qualify for entrepreneur’s relief. Read More