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![How do I close my business? guide](https://cdn.prod.website-files.com/5d71eeb2a19ee03e3430f50f/6235cfe30f548f962e98f92b_how-do-i-close-my-business.png)
Steps to closing your business
If you want to stop trading as a sole trader or you’re ending or leaving a business partnership, you need to inform HMRC. You’re also required to send a final tax return.
If you’re closing down a limited company, how you close your company will depend on whether your company is profitable or if it has reached the point of insolvency.
If you’re closing down a solvent company, you may apply to get your company struck off the Register of Companies or start a members’ voluntary liquidation.
If you’re closing an insolvent company, the company will have to be liquidated.
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We can help you with registering a limited company, take home pay, London business address, a dedicated accountant, accounting software and all your company filing from only £75/mo.