There are times we can’t save your business, to help you deal with your business debt, we can use a number of tools, including:
Shareholders’ Voluntary Liquidation
A Shareholders’ Voluntary Liquidation refers to the winding up of an insolvent company. It is a formal procedure used where a company has insufficient assets to satisfy its liabilities.
Solvent Liquidation
A Solvent Liquidation refers to the winding up of a solvent company by a resolution of its shareholders. This can have particular tax benefits with respect to the distribution of any capital gain back to you, the shareholder.