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Company Liquidation

Close down an insolvent business and take steps toward a fresh start.

What is Liquidation?

Liquidation is the process of closing down an insolvent company. While it marks an ending, it also allows for a new beginning — even registering a new business.

Documentation

Submit business registration, director IDs, assets, liabilities, and SARS docs.

Application

Application via High Court or Director Resolution.

Consultation

Why Choose Us?

We ensure the liquidation process is fast, efficient, and tailored to your company's needs. In most cases, liquidation is resolved in less than two weeks.

Benefits of Sequestration

✔  Business liabilities exceed assets.

✔  Company cannot pay creditors.

✔  Trading has ceased.

Costs

Initial Cost: R45,000 (monthly instalments available)

Final cost depends on risk profile and circumstances.

Frequently Asked Questions

  • The sequestration process typically takes between 6 to 12 months, depending on the complexity of your case and court availability.

  • In most cases, sequestration does not affect employment, but there are exceptions for certain professions like attorneys, accountants, or financial managers. It's best to consult with our experts about your specific situation.

  • Yes, but the waiting period may be longer. For previous sequestrations, you're generally eligible after 4 years.

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