))
190 - 3 Ways To Wind-Up Your Business
Manage episode 310335723 series 3052238
Content provided by Jeremy Streten and Business Legal Lifecycle. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jeremy Streten and Business Legal Lifecycle or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Today we're talking about the winding up of your company. Sometimes it's good sometimes it's bad. Here are three ways you can wind-up up your company. Voluntary winding-up You've decided that you want to wind up your company because you don't want to use it anymore. So there you can actually go to ASIC and voluntarily wind-up the company. 2. Deregistration All members of the company need to agree to deregister the company. The company must no longer be conducting business. You also cannot have any outstanding liabilities or debts. Nor can the company be involved in any legal proceedings. 3. Involuntary wind-up This can occur for a number of reasons. You may not be able to pay your debts. You can let another creditor actually wind-up the business but this is an option of last resort. You will lose all control of the process so be sure this is really the only option Left.
…
continue reading
30 episoade
Distribuie
