MVLs and Succession Planning (ROI)

Summary

COVID-19 has forced many to reconsider their business and succession plans.

In this context, whether a business owner is contemplating "quitting while ahead" by retiring or selling a business, wishing to tidy up dormant companies, or engaging in a corporate simplification process, such as merging operating companies - a members voluntary liquidation is an important tool in winding up companies that have come to the end of their useful life.

Venue details:  
Webinar, , Online
Start date & time:  
27 April 2021 09:30
End date & time:  
27 April 2021 10:30
Price:  
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
1.00 Training Tickets accepted
CPD hours:  
1.00
Speaker details
First nameLast name
Tom Murray

Description

Product type:  
CPD course
Category:  
Insolvency, Investment business, Practice and business improvement

Format

This course will be delivered via Zoom on Tuesday 27 April 2021 from 9.30am to 10.30am. The Zoom link will be emailed to participants the day before the course is due to take place.

Who should attend

This course is suitable for accountants and directors of businesses who are contemplating a members voluntary liquidation (MVL), as well as their advisors.

Course overview

  • Situations when a MVL is suitable.
  • Process and procedures in placing a company into a MVL.
  • Key documentation.
  • Anti-Avoidance provisions.
  • Tax advantages including Stamp Duty, Entrepreneurial Relief and Retirement Relief.
  • Distributions in Specie.
  • Liquidating an Irish Collective Asset Management Vehicle.
  • Key compliance areas for Accountants acting a Liquidator.

Key learning outcomes

By the end of this course, participants will be able to:

  • Have clear and concise guidance to legislative and regulatory requirements governing MVL’s.
  • Know when an MVL is appropriate.
  • Advise their organisation, or clients, on the appropriateness of an MVL for their needs.
  • Consider MVL’s as part of a tax planning on exit.

Speaker bio

Tom Murray, Partner, Friel Stafford - Tom is one of Ireland’s most experienced corporate recovery and turnaround practitioners and was one of the first Personal Insolvency Practitioners licensed in Ireland. Tom lecturers on, Insolvency, Personal Bankruptcy and Corporate Recovery for the Institute. Tom often comments on Insolvency and business matters for RTE’s main news bulletins, TV3, Sky News, Newstalk and Today FM.