It is common for a successful business to need to restructure for a variety of reasons. These can include the sale of part of the business, the splitting of the business into segments or simply the closure of a now dormant company or a tax efficient way for the shareholders to receive a distribution of accumulated profits.
A Members’ Voluntary Liquidation is a shareholder-controlled procedure, which affords a tax efficient method for distributing the assets of a company.
Distribution can be of liquidated assets, assets in specie or of shares in newly formed companies, which then hold the assets of the liquidated company.
We can assist our clients’ to achieve their aim in the most efficient way from initiation to finalization of an MVL
Simply contact us for free, no obligation advice. Our team of professional and friendly advisors will guide you through all statutory steps involved in an MVL.