Exit Strategy

Companies sometimes have to make the tough decision between continuing a failing business or closing down the same. On some occasions, a change in the ownership or even bankruptcy also triggers the close of a business.

Closing down a subsidiary can become a challenge for you due to unfamiliarity with regulatory and other requirements.

With our expertise in the Indian market, we advise clients to efficiently navigate the myriad procedures and close the company ensuring optimum tax efficiency as well as repatriation of profits to the parent.

Closure of a company

Analyse

Understand the issues to be taken care of before closing down

Settle

Settle employees, creditors and receivables; Terminate contracts for utilities

Repatriate

Repatriate funds to parent company after ensuring necessary compliances

Close

Carry out process of company closure and cancel existing regulatory registrations

Sale of Assets

Closing down a company also involves sale of its existing assets. Our team assists clients in.

Potential Buyers

Identify potential buyers for the assets to be sold

Negotiations

Assist in negotiations

Tax

Tax advisory on the sale

Closing a company/ selling assets can be very agonizing especially in terms of compliance and managing people. We lend our support to clients to ensure a quick and smooth closure process.