At ADAM Global, we guide you in the process of closing down your business. Our team provides professional device that can help you minimize your tax and legal liabilities and possible financial losses. We co-ordinate with the concerned authorities and administer all the processes involved to ensure a smooth and hassle-free completion of the liquidation process.
Before you close down your business, there are many things to be considered such as company and business name cancellation, employee payments, cancellation of taxation registrations and other related legal requirements. Sometimes, selling the business is not the remedy.
We offer various alternative ways that can be adopted for business closure such as winding up or statutory liquidation and simply deregistering the business. Each way has certain legal and cost implications, on which we guide you in detail. We can also find a third party for you that will purchase the liquidating Company and also deal with all related matters.
We help you consider all the aspects of closing down a business such as:
- Business closure preparation
- Owner’s responsibilities
- The cost of closing down
- Insolvency and Bankruptcy
- Detailed review of all compliances
Closing a business can be stressful. If you are seeking for professional advisers and specialist, and you wants to know information on what to do when you close down your business, please feel free to contact us.