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Members' Voluntary Liquidations (MVL)

Planning the Right Exit Is Just as Important as Building the Business

Closing a successful business is a significant decision. 
 

Whether you’re retiring, moving on to a new venture or simplifying a group structure, a Members’ Voluntary Liquidation (MVL) provides a formal process for bringing a solvent company to an orderly close. 
 

Where appropriate, an MVL may offer a tax-efficient way of distributing company assets to shareholders. We’ll work closely with you, your accountant and your other professional advisers to ensure the process is handled efficiently, allowing you to focus on whatever comes next.

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Is an MVL Right for You?

A Members’ Voluntary Liquidation is available to solvent companies that have reached the end of their purpose. 
 

It provides a structured way to wind up the company, settle any outstanding liabilities and distribute the remaining assets to shareholders. 
 

Many directors choose an MVL as part of retirement planning, business succession or a wider group reorganisation. Where the qualifying conditions are met, it may also offer potential tax advantages compared with extracting funds through other methods. 

When a Members' Voluntary Liquidation May Be Appropriate

A Members’ Voluntary Liquidation may be suitable where: 

     

  • The company is solvent and able to pay all of its debts.  
  • Directors are planning retirement or an orderly exit.  
  • A business has fulfilled its purpose.  
  • A group structure is being simplified or reorganised.  
  • Shareholders wish to realise the value held within the company.  

 
We’ll work with you and your accountant or tax adviser to establish whether an MVL is appropriate and ensure the process is managed smoothly from start to finish. 

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CY Advisory Services

Independent Business Reviews (IBR) Learn more
Cashflow Forecasting Learn more
Business Performance Reviews Learn more
Members Voluntary Liquidations (MVL) Learn more
Financial Health Checks Learn more
Strategic Business Advice Learn more

Let's Start with a Conversation?

Whether you're planning for retirement, preparing for your next venture or considering how best to close a solvent company, we're here to help. We'll explain the options available, work alongside your professional advisers and help you plan an orderly exit that's right for your circumstances.

Practical advice