Closing a Company
Via a Creditors Voluntary Liquidation
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Directors and staff usually cease working in the company can pursue new employment
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Staff can claim for some employee entitlements from the Fair Entitlements Guarantee (FEG)
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Directors need to supply financial records to help the liquidator understand the status of the company
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Burden of managing is passed to the Liquidator
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We will manage the realisation of remaining assets and/or creditors enquiries.
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May limit further personal liability for Taxes and Superannuation
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Company is deregistered as soon as Liquidation steps are completed
FEES: The Liquidator may be able to paid out of the Company (after the Liquidation commences). Where there are no assets remaining, a "one-off" upfront payment may be needed. In straightforward matters an estimate of the Total Fees is usually provided.
WHAT TO DO NEXT: Give us a call on (03) 9896 9000.
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