Sometimes and for a variety of reasons, Directors and Shareholders will choose to wind up a solvent company. Examples would include, cash extraction, tax planning and redirection of resources. It is important that good strategic advice is sought from professional advisers with the right mix of technical and commercial experience prior to commencing the MVL process. Options and decisions are influenced by business risk and / or tax implications and so business owners should steer to maximise their position through a well developed strategy.
Advise and assist on evaluation options including tax implications to the company and its shareholders
Act as liquidator on the nomination of shareholders
Assist directors with preparing for a solvent liquidation including assisting in the preparation of the Statutory Declaration of Solvency.
For more information or to discuss your specific requirements, please contact a member of our team