Solvent business/members voluntary liquidation (MVL).
Acquire, sell or shut down a business Wind up your solvent company (MVL) We will help you wind up your company in an orderly and tax-effective way when the business has run its course. A members voluntary liquidation is the formal process for closing down a solvent company: one that can pay all its debts […]
9 questions to ask yourself before you sell your business
We have written a lot of technical stuff about selling a business. But we’re finding that more and more people want to understand the best high-level strategy to actually conclude a successful deal. Set out below are 9 key questions you need to ask yourself before you start to sell your business. 1. Do I […]
What is a director’s role in a members’ voluntary liquidation?
If you are a director and member of a company and ready to shut down your solvent business through a members’ voluntary liquidation, you may be wondering how the process looks. In particular, you may be wondering what your role will be as the liquidation progresses.
Read more below to see how you may stay involved with the company throughout the liquidation process and how your role might change if you opt out.
What is a director entitled to when a company is wound-up?
The Corporations Act puts some limitations on the priority of directors’ entitlements on a winding up…