Company Assets and Dissolution

bigmuggsy
bigmuggsy Registered Posts: 92 Regular contributor ⭐
Hi

Could someone just clarify for me what, if any, forms require completion to transfer the assets of a company that is
about to apply to be dissolved. Assets are plant & machinery and two commercial vehicles. I have read on Business link that a companies assets must be transferred out prior to being dissolved however no formal method of doing this is stated. Do we simply get the directors to sign a form stating the assets are transferred out? Any general advice would be greatly appreciated.

Thanks

Comments

  • deanshepherd
    deanshepherd Registered Posts: 1,809 Beyond epic contributor 🧙‍♂️
    Vehicles will have the log book changed form company ownership to personal ownership so that's easy enough. If other assets are being transferred then a sales invoice will do, assuming they have some value.
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