Exiting a business
There are some important obligations you need to consider before closing the door for the last time, or handing over the keys to the new owner. Find out more about the exiting process – from selling to involuntary closure.
You have certain obligations when exiting, regardless of whether you choose to sell your business, gift it or simply cease trading.
If you are leaving or selling your business, it isn’t as easy as handing the keys to the new owner. Find out what you will need to do before leaving.
Find out more about your obligations if you plan to permanently close down your business.
Find out what steps and actions you can take to prevent involuntary closure.
If a company can’t pay its debts, it can be put into receivership or liquidation to help creditors recover the money owed to them.
If you’re a sole trader and you can’t pay your debts, what are your options? Find out with this article.