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Company Dissolution Procedure
If a company's shareholders decide to withdraw from the business, or their assets have been sold to a new owner, instead of carrying out a stock sale, they will need to conduct the company's voluntary dissolution.
At UK Companies Co we have expert professionals in this area who will manage this process without mishaps.
Basic requirements for dissolving a company
Dissolution is a complex process that any company can carry out. With our support, doing so will be less complicated. However, this dissolution may be possible as long as the company has not done the following in the last three months.
- Carry out your normal business activities. It must be inactive.
- Carry out any activity not related to the liquidation of the business.
- Having entered into a credit agreement as a voluntary agreement of the company.
- Have been the subject of any legal proceedings.