The Company is a separate legal entity. This is true even where there is only one shareholder and one Director. If you decide that you no longer want to trade, what do you do to release the assets from the Company?

If you can settle all outstanding debts, including any contingent debts (ie potential debts which have not yet been confirmed) within twelve months then the Members’ Voluntary Liquidation may be right for you.

Working with your tax adviser, we will ensure that the funds are taken out of the Company in the most tax-effective manner, whether as income (bonuses or dividends) or capital.

We are willing to provide a fixed quote in advance of commencing the work.