Members Voluntary Liquidations
Members’ Voluntary Liquidation (MVL) for Financial Services Entities in Ireland
A Members’ Voluntary Liquidation (MVL) is a formal, tax-efficient process to wind down a solvent company that has fulfilled its purpose. It enables shareholders to extract value while ensuring compliance and minimising risk.
Azets Ireland specialises in MVLs for Financial Services entities, including:
• Section 110 companies
• Aviation leasing SPVs
• Funds and ICAVs
• Dormant entities within PLC or LLP structures.
• Aviation leasing SPVs
• Funds and ICAVs
• Dormant entities within PLC or LLP structures.
Why Choose Azets for Your MVL?
✅ FS Sector Expertise
Our dedicated MVL team has deep experience in financial services, working with directors, administrators, and shareholders to wind down entities efficiently and securely.
Our dedicated MVL team has deep experience in financial services, working with directors, administrators, and shareholders to wind down entities efficiently and securely.
✅ Tax Efficiency
We work closely with your tax agents to optimise shareholder distributions and crystallise gains/losses within your group structure.
We work closely with your tax agents to optimise shareholder distributions and crystallise gains/losses within your group structure.
✅ Regulatory Coordination
We liaise with the Revenue Commissioners, Companies Registration Office (CRO), and Central Bank to ensure full compliance.
We liaise with the Revenue Commissioners, Companies Registration Office (CRO), and Central Bank to ensure full compliance.
✅ Global Reach, Local Execution
As part of the Azets network, we deliver cross-border MVLs with local insight and global support.
As part of the Azets network, we deliver cross-border MVLs with local insight and global support.
MVL Benefits for FS Entities
• Extract cash tax-efficiently
• Reduce audit and admin costs
• Avoid strike-off risks and corporate memory loss
• Finalise directors’ responsibilities
• Accelerate group rationalisation
• Reduce audit and admin costs
• Avoid strike-off risks and corporate memory loss
• Finalise directors’ responsibilities
• Accelerate group rationalisation
MVL Process Overview
1. Entity review and strategy
2. Declaration of solvency
3. Appointment of liquidator
4. Asset realisation and creditor settlement
5. Final distribution and dissolution
Typical MVL duration: 6–9 months
2. Declaration of solvency
3. Appointment of liquidator
4. Asset realisation and creditor settlement
5. Final distribution and dissolution
Typical MVL duration: 6–9 months
Is Your Entity a Good MVL Candidate?
• Dormant or legacy FS entities
• Solvent with realisable assets
• No longer required for trading or structuring
• Seeking tax-efficient shareholder exit
• Solvent with realisable assets
• No longer required for trading or structuring
• Seeking tax-efficient shareholder exit
Let’s Talk
Ready to wind down your FS entity?
Complete the form below and our MVL specialists will contact you for a confidential discussion.
Leading SCARP Expertise
Azets is Ireland’s top practitioner, having successfully advised on over 30 SCARP cases.
Cost-Effective Restructuring for Small Businesses
SCARP provides a more affordable, faster alternative to examinership, saving small and micro companies.
Proven Track Record in Corporate Recovery
With over 280 examinerships and 30 SCARPs, Azets brings unparalleled experience in rescuing businesses.
Dedicated to Owner-Managed Businesses
We trace hidden assets and uncover corporate structures to protect creditors.
We are ready to help
With over 300 colleagues and 4 offices in Dublin, Enniscorthy and Waterford, Azets is part of a team of 9,000 talented, smart people across our international office network. Offering a personal, local approach to supporting Irish businesses, if you’re looking for peace of mind, expert advice and more time, we’re ready to help.