How Much Does it Cost to Liquidate a Solvent Company?
MVL can be a tax efficient way of closing a company. Surplus funds held by a Company can be classed as Capital Receipts and could be, with correct planning, distributed to shareholders who pay Entrepreneurs Relief, a tax rate that could be as little as 10%.
Only licensed Insolvency Practitioners can act as liquidators in a MVL.
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For more details about the solvent company liquidation process, visit our MVL page.