Augusta Kent is an independent Insolvency Practice based in Canterbury serving clients and professionals across Kent, London and the UK.
Solvent Liquidations, also known as Members Voluntary Liquidations or MVLs, can be used for corporate businesses (including limited companies and LLPs) that have ceased trading to enable tax efficient separation of business assets for tax planning purposes.
Often with the benefit of Entrepreneurs Relief, solvent liquidation is the most effective solution for delivering flexible and tax effective return of capital to shareholders through distribution of business assets, but can also be used for a multitude of situations to benefit corporate businesses once they have served their purpose.
As Independent Insolvency Practitioners we work closely with our clients and often alongside their professional advisors to maximise opportunities for tax efficient and effective restructure.
The solvent liquidation process entails the shareholders appointing a liquidator, which must be a licensed Insolvency Practitioner, to release and distribute company assets to repay any residual debts in full, with interest within an approved timescale.
We have extensive experience in solvent liquidations and specialise in ensuring that the process is smooth and efficient for our clients. Which is why they and their professional advisors return to us time and time again.