MEMBERS VOLUNTARY LIQUIDATION DIY PACKAGE FOR ACCOUNTANTS

SV Partners have prepared a special package that enables accountants to undertake the voluntary liquidation of solvent companies, earning liquidation fees without referring the matter onto an insolvency specialist.

A Members Voluntary Liquidation is a simple cost-effective means of finalising the company's affairs and distributing company's assets to creditors and shareholders. It does not necessarily entail realisation of assets, as assets can be distributed in specie.

In a Members Voluntary Liquidation all liabilities of the company are paid in full and it can be a tax effective way of disbursing the assets to the shareholders.

A Members Voluntary Liquidation is appropriate in cases where:

  • Company has ceased trading and is no longer required
  • Company has pre-CGT assets to distribute
  • Dispute resolution is an issue between directors and shareholders
  • Directors are unable or unwilling to continue as directors of the company

To proceed with a Members Voluntary Liquidation the company must be solvent and the directors are required to file a statement with ASIC to this effect. The company shareholders appoint the liquidator, who in this case may be the company's accountant.

Register online to receive free access to our Members Voluntary Liquidation Package. This enables you to earn the fees from $1500 - $5000 related to the liquidation without referring the matter to a liquidation specialist, while we are available to support you through the process at no extra cost.

Contact us to discuss the specific details of your individual situation on SV Partners INSOL LINE 1800 246 801

We've developed a package of practical tools and information to guide accountants and financial advisors through the process of voluntary liquidation.

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