thesolvers.com.au

Letter of Closure Application Form

Use this form for closing a business in Australia correctly, at minimum cost

This form contains questions about your duties as a director. As a director or officeholder, your key duties include:

being honest and careful in all your dealings
understanding what your company is doing
making sure your company can pay its debts on time
ensuring your company keeps proper financial records
acting in the company’s best interests, even if this conflicts with your personal interests; and
using any information only for the good of the company.

When the question asks if you have breached any director duties, it is a reference to these duties. In addition, the Company will only be eligible for the process if there are few or no assets and the business has ceased trading. It will be necessary for you to disclose what happened to the business assets and why the business ceased trading.
If you think your business meets this criteria please complete the form as fully and completely as possible and let us help you with the process.

Who is this form for?

What happens after submitting the form?

If you are eligible, we will send you an agreement setting out the details of the process. It will include a copy of the letter your creditors will receive, and a detailed explanation of what happens next. If you decide to proceed you will be asked to pay The Solvers’ invoice and the process will begin.
Please ensure you have entered in the form the correct email address you want your agreement sent to.