Advice on Company Dissolution or the winding down of a company

If your business is incorporated as a company, you may wish to close it due to retirement or for other reasons. This process is referred to as winding up of a company and takes place when its corporate existence is dissolved in an orderly manner through formal procedures.

Depending on the financial circumstances of the company, and other considerations including tax, the correct procedure to be applied will either consist of either a members’ voluntary winding up/ liquidation, a creditors’ voluntary winding up/ liquidation, a compulsory Court winding up/liquidation or by way of a voluntary strike – off.

Midwest Corporate Services in tandem with your accountant/ financial advisor and tax consultant, can assist you navigate the necessary company secretarial requirements and associated CRO filings in a timely and cost-effective manner.

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