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Visit our dedicated small business restructuring site for small business owners facing financial distress.
Consulting a liquidator or lawyer becomes imperative when the waters of insolvency threaten to engulf your vessel. Navigating through the risk of civil penalties or even criminal charges without professional guidance is akin to sailing into a maelstrom. Expert support in these situations is not just advisable; it's necessary for safe passage. In this instance feel free to reach out to us if you feel you need immediate assistance. Otherwise, watch this video from ASIC about How to close down a company in Australia.
You can also read more on cancelling the business on their website.
Further Reading
Title | Short Summary |
|---|---|
ATO's Directors Penalty Notice Information | |
AFSA's Dealing with Debt | A guiding service offering free financial counselling for small businesses in hardship, helping navigate debt and cash flow troubles. |
Deciphering A Credit Report | It also has a downloadable form ADVISE OF TAX RETURN if you choose to use an OFFICIAL TRUSTEE as your trustee. |
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