Solvent Restructuring

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 close down of a now dormant company.

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.

A Members’ Voluntary Liquidation can only be undertaken by a Licensed Insolvency Practitioner.