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Company directors can be held personally liable for company debts if they are not seen to be taking the required steps in addressing the situation.
Shane Somers & Associates Insolvency Team can offer the much-needed advice to business owners, about which options are best for your circumstances.
There are a number of different insolvency procedures as follows:
In addition, in conjunction with our Tax Department, we assist and advise shareholders of solvent companies with a view to releasing value in a tax-efficient manner, particularly where companies no longer fulfil a business role.