WHAT ARE THE BENEFITS AND COSTS OF LIQUIDATION?

WHAT ARE THE BENEFITS OF VOLUNTARY LIQUIDATION?

There are many benefits of voluntary liquidation; for example:

  1. Removing personal liability for directors. If your company is insolvent and you do not take the appropriate steps to place your company into liquidation, you may become personally liable for those company debts.
  2. Appointing a registered liquidator will ensure the affairs of the company are dealt with in an appropriate and orderly manner and by a suitably independent andqualified person.
  3. On a personal level, directors often find that placing their company into liquidation is like the release of a pressure valve. Once the company is in liquidation, the director is free to move on with his/her life after what has often been a long andstressful battle to keep the company afloat. All enquiries from the commencement date of liquidation will be directed to the liquidator who becomes the sole point of contact for all affected parties.

If you would like to learn more benefits of voluntary liquidation, call our licensed experts now on 1800 731 155.

WHAT ARE THE COSTS OF PLACING MY COMPANY INTO LIQUIDATION?

MUST READ

Australian Company Liquidations (ACL) provides the cheapest registered liquidation service in Australia — guaranteed. If you happen to find a cheaper quote from another licensed liquidator, we will happily beat it!

For a solvent company liquidation, our price starts from $2,500 (plus GST). A Creditors’ Voluntary Liquidation will cost more, but please call us for a quote as every liquidation is different.

At ACL, we usually ask for a director’s contribution if the company has no assets or we feel the assets may not be worth enough to cover the liquidation. However, if the company’s assets can be sold to fund the cost of the liquidation, it will not cost the director anything.

If your liquidation runs unexpected additional costs, we will not ask you for an additional contribution.

To make an enquiry or for a free quote, call our hotline today at 1800 731 155.

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