Closing a Company
Via a Creditors Voluntary Liquidation ​

  • ​Directors and staff usually cease working in the company can pursue new employment

  • Staff can claim for some employee entitlements from the Fair Entitlements Guarantee (FEG)

  • Directors need to supply financial records to help the liquidator understand the status of the company

  • Burden of managing is passed to the Liquidator

  • We will manage the realisation of remaining assets and/or creditors enquiries.

  • May limit further personal liability for Taxes and Superannuation

  • 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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Bruce Mulvaney & Co​


Tel: (03) 9896 9000
Mob: 0418 848 212

Email Bruce Mulvaney

Level 4, 858 Glenferrie Rd,

Hawthorn, Vic, 3122

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We are a full member of ARITA (Australian Restructuring Insolvency and Turnaround Association) and utilise the ARITA precedents and technical resources. Additionally, our systems are based on the leading CORE Turnkey Insolvency Software.

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