Dissolve A Business - JAMPRO
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Dissolve a Business
The Office of Supervisor of Insolvency (OSI) was established for the purpose of supervising the administration of estates and regulating the licensing of trustees under the Insolvency Act. The OSI functions as a licensing authority for insolvency practitioners, ensures that trustees are acting in compliance with the Insolvency Act and serves as a repository for information relating to insolvency administration.
Choosing to wind-up/liquidate can ensure that all loose ends connected to your company are tied up and a clean break is provided for directors and shareholders upon dissolution. The OSI supervises the winding-up and final dissolution of insolvent companies/estates to ensure the process is done within the best interest of all parties involved.
For more information about how to wind-up your business, see the business process next steps