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There’s often a perception that restructuring is costly. Is that really the case?

There’s often a perception that restructuring is costly. Is that really the case?

Ginette often addresses the misconception that restructuring is costly. She explains that Safe Harbour is available to any company that meets the criteria, and it doesn’t have to be expensive. The key is having a well-thought-out plan, ensuring good corporate governance, and staying compliant with employee entitlements and tax obligations.

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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.

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