We can assist your clients in obtaining maximum tax relief benefit with an MVL

What is a Members’ Voluntary Liquidation?

A Members’ Voluntary Liquidation is a tax efficient way to place a solvent company into Liquidation with a view to paying all creditors in full and returning excess funds to Shareholders.

Key benefits of an MVL include:

• All creditors are paid in full
• The company is closed down correctly ensuring every aspect is dealt with
• Reserves are distributed as capital to minimise personal tax of Shareholders
• Potential to qualify for Entrepreneurial Relief

How does an MVL work?

An MVL is initiated by the Directors of a solvent company. This process is used where creditors will be paid in full. It is a way for Directors to close a company and demonstrate that all loose ends have been tied up.

You would approach us on behalf of your client to discuss their requirements and to undertake the work involved in the MVL process.

Once appointed, we will ensure that everything is closed down correctly, and all statutory issues are dealt with. We will pay all creditors in full immediately and all excess funds will be distributed to the Shareholders.

At the end of an MVL, the company will cease to exist.

Do you have a client who is looking for the best way to exit a solvent company? Would you like to know more about how we can help?

Get in touch – we are happy to advise you on how best to help your client and we offer fixed fees.


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