Solvent Wind Down
An MVL is a solvent wind down of a Company.
This may be for a variance of reasons including retirement, a change in career or personal circumstances that mean you no longer want or need to continue to trade your business.
An MVL is a structured wind down of a Company, which as a liquidator is appointed to distribute the Company’s assets to its shareholders, can be a very tax efficient method to close your business in some cases saving thousands of pounds in taxes for the shareholders.
In addition to the financial benefits detailed above, it also gives directors and shareholders peace of mind that all obligations have been adhered to when closing down your business.
To discuss this option or any others in more detail please contact one of our team for a same day consultation on 0113 5323278 or email firstname.lastname@example.org and one of our team will get back to you.