A Phoenix Company is a reborn business under the umbrella of a newly registered Limited Company. Set up professionally, it is legal but in many cases when the old company is dumped and the new company takes over the assets without payment, then it is illegal.
If you have had enough of your existing company and want a Phoenix Company to take over the business then Call TaxGone on 01302 815846 and we’ll show you how to do it whilst keeping well within the law.
Don’t listen to those companies that offer to take over your business as you will still be responsible for the business up to the change. They’ll tell you that everything will be a bed of roses – but it won’t. Also, you can’t appoint new directors or resign if there is a winding up petition in place.
Do it the right way!
TaxGone - Company Voluntary Arrangement - CVA Specialists
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