There comes a point in every successful company’s lifespan when it’s time to close down and realise your assets. To facilitate this process directors can opt to perform a members’ voluntary liquidation or MVL, which enlists the help of an insolvency practitioner to formally close down the business and extract the remaining capital in a tax efficient manner.
This process, which is also known as a solvent liquidation requires the completion of several formal steps including the production of a declaration of solvency. This is an important legal document that must be created correctly – and this is where McTear Williams & Wood can help you out. With our decades of experience we are ideally placed to ensure the entire process is completed quickly and smoothly.
If you wish to extract less that £25,000 from your business then it may be more appropriate to carry out a company strike off rather than an MVL. Find out all the facts and ascertain your best course of action by meeting with our team.
Get more information on how your business could benefit from potential members voluntary liquidation at our Corby offices. You’ll meet with our senior team who will be able to detail all the options available to you along with any timescales.
Other services we offer in your area:
Administration Order in Corby
Business Health Check in Corby
Company Administration in Corby
Company Bankruptcy in Corby
Company Insolvency Check in Corby
Company Liquidation in Corby
Company Voluntary Arrangement in Corby
Creditors' Voluntary Liquidation in Corby
CVA in Corby
Insolvency in Corby
Insolvency Practitioners in Corby
Liquidation in Corby
Pre-pack Administration in Corby
Solvent Liquidation in Corby
Winding Up Order in Corby
Winding Up Petition in Corby