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Coronavirus – Companies Act changes

2 Comments / Companies Office, Coronavirus, COVID-19, Debt, Directors / generateaccounting

Coronavirus – Companies Act changes The government has announced today that they will introduce legislation to temporarily change the Companies Act. The key changes will safeguard directors at this time and allow businesses to “hibernate” any debt. This announcement follows similar moves in Australia and the United Kingdom. Directors’ responsibilities Under existing law, director’s may […]

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Winding up a company

Winding up a company All companies have a lifecycle, some much longer than others. At some point you may be faced with winding up a company that no longer serves its purpose. You no longer require the company to be registered and you would like to close the company once and for all. We are