Members' Voluntary Liquidation (MVL)
This is a process used when a company has reached the end of its useful life or where the directors are looking to retire or group companies are restructuring and the company has no further purpose. This process is only available for solvent companies.
When assets accumulate to more than £25,000, it can be an effective method for tax planning.
We work in association with trusted Licensed Insolvency Practitioners ('IP's') to undertake this process.
Fees start at around £1,000, but we will work with the IP to be able to give you a fixed quote over the phone or we are happy to arrange a meeting at your convenience. We will discuss the advantages, disadvantages and risks associated with this process and whether it is the right solution for the company.
Call us now on 07876 478319 for a free consultation.
Saluja Insolvency Solutions is authorised and regulated by the Financial Conduct Authority.
Credit Consumer Licence No: 677004
Credit Consumer Licence No: 677004
