The Solvers Logo

How to Wind Up a Company In Australia; the 6 essentials

Running a Pty Ltd company you need to close down? What are the basics you need to know? And how do the recent small business law changes make a difference? Liquidation isn’t always expensive, but it’s not always an option, though what do you do if you’ve got no money left?

Any or all of these reasons for business owners with a Pty Ltd company who:

  • have closed or are likely to close their business without any money left 
  • cannot afford $15,000 but want to place their company into liquidation  
  • want to do the right thing and inform their creditors properly about the business closing down 
  • want to draw a line in the sand so they can get on with their future.

If you have personal assets you want to protect, like a family home or director’s guarantees, this may not be for you, but you should ask us.

Back