Liquidation of Companies
When a company has reached the end of its useful life, we guide you through the most appropriate closure route. For solvent companies, a Members Voluntary Liquidation (MVL) allows shareholders to extract retained profits at Capital Gains Tax rates rather than dividend rates, which can result in significant tax savings. For simpler situations, a voluntary strike-off may be more appropriate. We advise on the best route and handle the process.
Who It's For
Directors of solvent companies that have ceased trading and want to distribute remaining assets to shareholders, companies with significant retained profits where an MVL would provide tax savings, and companies that simply need to be closed down and removed from the register.
What's Included
- Assessment of the most appropriate closure route
- MVL process management with licensed insolvency practitioner
- Final accounts and corporation tax return preparation
- Distribution calculations and tax advice
- Companies House strike-off application (DS01) where appropriate
- HMRC notification and clearance
- Business Asset Disposal Relief assessment for shareholders
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