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Why file for a Members Voluntary Strike Off?
A Members Voluntary Liquidation is the process of bringing a solvent company to a close. This option is available only if your company is solvent, and one of the following conditions apply:
- You want to retire
- You want to step down from the family business, and no one else wants to run the company
- You don’t want to run the business anymore
The Members Voluntary Strike Off process:
To apply for this process, you need to:
- Make a ‘Declaration of solvency’ (for English and Welse companies)
- Request for form 4.25 (Scot) from the Accountant in Bankruptcy (Scottish companies)
After signing the declaration or form, there are a few additional steps you need to take before completing the process. This information is available on the HMRC website.
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We can help you with registering a limited company, take home pay, London business address, a dedicated accountant, accounting software and all your company filing from only £75/mo.
We walk through every step of the Limited Company registration process to help you understand whether you should start the limited company registration process.
- What is a Limited Company
- Limited Company Advantages
- Limited Company Disadvantages
- Registration process
- Limited Company filing requirements
- UK company structures
Read more limited company set up guides
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Answer simple questions and check whether you need to operate as a sole trader or set up a Limited Company
Our small business accounting guide walks through absolutely everything you need to know if you're considering starting a limited company. From different taxes, limited company advantages/ disadvantages, how to pay yourself, and what your key filing requirements are.