Members Voluntary Liquidation (solvent company)
Where a dormant company has completed its purpose and is solvent, a Members' Voluntary Liquidation is a process used to wind up the company. In this situation Crowe will act as a liquidator, providing financial and tax advice for the maximum return to the shareholders.
The advantages of a Members' Voluntary Liquidation are:
- Tax-efficient method of distributing cash / assets to shareholders
- Avoids on-ongoing audit and accounting costs
- Can be used as part of a restructuring process where a group wants to streamline its structure
- Company avoids being involuntarily struck off
Contact our experienced team if you wish to confidentially discuss your requirements and receive a no-obligation consultation.
