Business Formation & Liquidation


Business formation is the decisions that need to be made when creating the structure of your business. Choosing between different business structures, such as a sole proprietorship, a partnership, an LLC, will impact the future business decisions you’ll make for your business.

When setting up a new business you will need to decide what legal format you want to operate under. This is one of the most important decisions you need to take at an early stage as this will determine how you will operate your business in the future.


Company Liquidation is a legal procedure that pertains to partnerships or companies wherein a liquidator is chosen to “wind up” the dealings of a business. When the company first form a Limited Company, they have good intentions however sometimes it doesn’t always work out the way they had planned. In certain situations, it is best to liquidate the company, and at the end of the process, the company no longer exists. The reason for liquidation is to make sure that all the affairs of the company have been treated and all its properties realized.