Fixed Fee Liquidation

Insolvency Advisory Accountants understands that sometimes a company needs to be liquidated, but in some cases there are no assets remaining in the company that can be liquidated in order to pay a Liquidator.

With this in mind, we have developed a low-cost and hassle-free liquidation method for Directors.  When liquidation is necessary, we normally recommend a Creditors Voluntary Liquidation (CVL), which is a method that is quick, simple and inexpensive.  In many cases the liquidation is not complicated and so we can offer our No Asset Liquidation package, which is designed to be low-cost and easy to initiate.

If you have a company with no assets attached and need to liquidate fast, then speak to Insolvency Advisory Accountants now.  

We will organise a liquidator from our panel to carry out the complete liquidation for a fixed fee.

Our fixed fee liquidation is appropriate when the company has ceased to trade and has: 

  • no more than one creditor,
  • no more than $100 000 owed to that creditor,
  • no associated trusts and
  • no assets

With all the major changes taking place within the Australian Taxation Office and company directors being issued with Directors Penalty Notices, you may need to act now rather than later. You may have a company that needs to be liquidated before you are served with a Directors Penalty Notice. If this is the case then speak with us today so we can handle this quickly and efficiently on your behalf and appoint someone trustworthy from our panel of experienced external liquidators, administrators or trustees.

Insolvency Advisory Accountants‘s Fixed Fee No Asset Liquidation not only represents great value, but also gives you total peace of mind that we will pick a liquidator from our panel who does not have a conflict with you or your business and can move forward with the liquidation.  It is very simple:

  1. You call us and advise us of the name and ACN of the company
  2. We organise the minutes and the forms 509 and 507, which will be emailed to you
  3. We ask that you fill in the forms and return copies by email and the originals by post
  4. After receiving the original paperwork and the funds, we will then pay and use the appointed liquidator (as documented in the minutes you will have signed) to liquidate the company
  5. When this is complete the Liquidator will call you and ask for documents, such as the ‘Report as to Affairs’, and then advise you of when you must attend the meeting of creditors.
  6. Our job is complete, having provided you with the cheapest and most efficient liquidation service available in Australia

  Call us now on 1300 844 350 so we can assist you today at the lowest fixed fee possible!