Solvent liquidation
Close a successful business
A solvent liquidation or Members Voluntary Liquidation (MVL) is a process that enables shareholders in a solvent limited company to appoint us as their liquidator to formally close down their business.
Realise the benefits of an MVL
We will realise all your company assets and ensure that there are no outstanding company liabilities, before paying a capital distribution to shareholders from funds held in the company.
These shareholder distributions are treated as capital distributions, so they attract a lower rate of tax than income-based dividends. In addition to this, MVL distributions may qualify for Entrepreneurs Relief, a government scheme that allows a reduced Capital Gains Tax rate of 10% on all qualifying assets. Let our experienced experts guide you sensibly through the MVL process to achieve the best financial outcome for you.
Expert insolvency guidance
“An MVL is often used as part of the restructuring process. It’s imperative that anyone considering this option engages the services of highly experienced and knowledgeable advisers who fully understand the intricacies of closing down a profitable business to ensure the best possible financial outcome.”
Edward Gee, Partner – CG&CO
For independent and expert guidance on solvent liquidation, call CG&Co today on
0161 358 0210. Alternatively, click here.
