Do you need to get money out of a business? Whether you're a shareholder or a director of the business a members' voluntary liquidation could be the best option available to you.
This measure, also known as a solvent liquidation, gives you the power to realise assets from your business as personal proceeds of your relationship with the company. As with all procedures there are a number of important accounting requirements that must be met and this is where McTear Williams & Wood can provide the assistance you need.
It is worth noting that if you are currently seeking to distribute less then £25,000 it may be more appropriate to strike off your company rather than electing a members' voluntary liquidation. Find our more with a simple consultation at our Ipswich office.
If you wish to close your company then quick action will secure the most preferential options available to you. Whether you simply want to exit the company or sell the assets to another organisation McTear Williams & Wood can give you all the information you need for a successful members' voluntary liquidation in Ipswich.
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