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closed an UK company and send the assets to a personal account

Pup

Active Member
Nov 21, 2020
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Hello guys !

I need to close 2 UK companies: one because there's not profit so we need to send their assets to the personal accounts (IT director/shareholder both) after paid all liabilities. Which could be the best personal account (bank or EMI) from your point of view ? Of course all assets will be send before to strike off from the companies house. The other company has a profit but the UK market is not profitable after brexit so our idea is set up a company in Netherlands and send to the newco all assets: here there is a problem. If we'll send the assets to the newco, probably the newco will have a profit without any kind of bills/liabilities ........

The assets are only the money on the business account without any fixed assets .....

Thank you at all ! !
 
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You open an account with Wise, easy and fast for UK LTD's so you go and ask your company formation provider to dissolve the company.

Easy process and may not cost you much more than 200 - 300£ if you have the right consultancy firm to help you.
 
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