The COVID-19 crisis has led to many businesses having to shut down. Many sectors suffered, especially the arts and entertainment sector and the leisure travel sector. According to reports, both sectors saw about 80% of businesses shutting down or pausing activities in 2020.
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Closing a company is a daunting task that requires sound discretion of all legal formalities and thorough precision. Regardless of why you want to close your limited company, there may be some questions on your mind about the process. This guide to closing a limited company will try to answer all the questions you may have about this concern.…Continue reading