An MVL procedure releases the members from all accrued liabilities and provides a clean end to the company which will
FAQ Category: Members Voluntary Liquidation (MVL)
When will members receive payment from the MVL?
In usual cases, a payment will be made to the member of 80% of the available assets, within a week
Will an MVL affect my status as a director?
There should be no stigma attached to an MVL because all creditors are paid in full. It is only in
What needs to be considered for an MVL?
Members must be completely certain about the financial stability of the company and its state of solvency. The company must
What are the costs?
We will initially review your case free of charge, every case is different and therefore we need to understand your
What is an MVL?
An MVL is the formal process to close a solvent company. MVL’s can be a tax efficient process for shareholders