MVL’s

Members’ Voluntary Liquidation (MVL) is an option open to solvent companies which formally winds-up and closes the business. There are many reasons to consider Members’ Voluntary Liquidation, not least because it is a highly tax-efficient way of closing a business. If you are considering an MVL in 2021 and are looking for more information before…

Members’ Voluntary Liquidation (MVL) is a formal process that winds-up a solvent company, consequently freeing up funds and realising its assets. Unlike with other forms of liquidation, such as Creditors’ Voluntary Liquidation and Compulsory Liquidation, it is a voluntary process that is only available to companies that are solvent. There are many reasons a director…

A Members’ Voluntary Liquidation (MVL) takes place when a solvent company closes. Its assets are realised and its funds are distributed amongst shareholders in a tax-efficient manner. There are many factors to take into consideration if you are considering an MVL. In this guide Clarke Bell outlines what a Members’ Voluntary Liquidation involves. How you…

Any company that is solvent can apply for a Members’ Voluntary Liquidation. This is a formal process that will wind-up a company and bring it to a close. There are many reasons a company director may choose to close their company through a Members’ Voluntary Liquidation, whether they are retiring, moving abroad or merely looking…

Voluntary Liquidation occurs when the company directors and shareholders decide to place the business into liquidation. This is a self-imposed, voluntary process unlike a Compulsory Liquidation in which the company is forced to close. A Voluntary Liquidation means the company must cease to trade and its operations come to an end. As a result, the…