Solvent Liquidation in East Anglia

Getting your capital out of a company is a simple process
with a members' voluntary liquidation

Start the process with McTear Williams & Wood - call us now on 0800 331 7417

Getting your money out of your business can be a process fraught with difficulty. Especially if you want to use the most tax efficient method possible In such situations a Member’s Voluntary liquidation could be your best course of action. This process, which is sometimes legally described as a solvent liquidation allows you to get your money out of a business either as cash or in specie. As with all official business processes there are certain legal and accounting requirements that must be fulfilled.

This is where the expertise of McTear Williams & Wood can provide you with assistance in meeting these demands. With years of experience helping individuals like you with MVLs, we will help you achieve the ideal outcome. Want to take out less than £25,000 from your solvent business? In such instances a company strike off may be a better route for your personal finances. Find out all the facts with a free solvent liquidation meeting at our offices in East Anglia.

Why use us?

  • Experienced business consultation - are you aware of all the options for your business? If you are thinking of taking an MVL and closing down your company there could be other ways forward.
  • Professional accounting services - an MVL works best when all your books are in appropriate order - we can make sure that the planning covers all this pre-appointment.
  • Legal obligations - one of the key elements necessary to implement an MVL is a Sworn Declaration of Solvency. There are criminal sanctions if you get this wrong and McTear Williams & Wood can guide you accordingly.

Your next step

What are the options available to you and what is the best way to proceed? Without expert advice it can be tough to understand your choices and select the best course of action. At McTear Williams & Wood we cover this in a short 1 to 2 hour free initial consultation at one of our offices in East Anglia, helping you understand all the responsibilities and implications.  Call us now on 0800 331 7417

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