Our Services

Business Wind-down

Often businesses have life cycles and many businesses come to an end.

We can help you wind down the business structure so there are no on-going compliance obligations. This may include:

• Ceasing registrations for various tax types - GST, FBT, Employer and PAYE.
• Dealing with residual assets and liabilities in the correct manner.
• Ensuring any residual ACC obligations are addressed and ACC records closed.
• Attending to final Financial Statements and Income Tax Returns.
• In the case of companies, Shareholders and Directors resolutions to initiate removal from the Companies Register.
• IRD tax clearance
• Lodge appropriate documentation with the Companies Office for removal from the Register.
• Notify IRD once company is removed so the IRD can close its files.

At Collins & Co Chartered Accountants Ltd we understand the intricacies of the numerous relationships businesses develop with their stakeholder's and the need for these to be addressed in an orderly wind-down. Often, there is just as much involved in winding down a business as there is starting it up.