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GUIDELINE FOR DECLARATION OF DISSOLUTION IN A VOLUNTARY WINDING UP OF A LIMITED LIABILITY PARTNERSHIP (Revised as at 7 January 2015)Introduction 1. One of the modes of dissolving a limited liability

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How to fill out company voluntary winding up

01

Hold a board meeting to discuss and agree on the voluntary winding up of the company.

02

Prepare a declaration of solvency signed by a majority of the directors, stating that the company will be able to pay its debts in full within a specified period after the winding up.

03

Pass a special resolution at a general meeting to approve the voluntary winding up and appoint a liquidator.

04

Notify the Companies House and advertise the winding up in the London Gazette.

05

Cooperate with the liquidator to gather and distribute company assets, pay creditors, and close the company's accounts.

06

Hold a final general meeting to present the liquidator's accounts and seek approval for the company's dissolution.

Who needs company voluntary winding up?

01

Companies that are no longer able to operate profitably and want to liquidate their assets and close down in an orderly manner.

02

Companies facing insolvency and unable to pay their debts may also opt for voluntary winding up as a way to manage their financial obligations and wind up their affairs.

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What is company voluntary winding up?

Company voluntary winding up is a process where a company chooses to close down its operations voluntarily.

Who is required to file company voluntary winding up?

The company directors or shareholders are usually required to initiate and file for company voluntary winding up.

How to fill out company voluntary winding up?

To fill out company voluntary winding up, the necessary forms must be completed and submitted to the relevant authorities.

What is the purpose of company voluntary winding up?

The purpose of company voluntary winding up is to formally close down the business in an orderly manner.

What information must be reported on company voluntary winding up?

Information such as company details, financial statements, and reasons for winding up must be reported during the process of company voluntary winding up.

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