Do you want to know if you can be a director of another company if you liquidate your current one? In most cases the answer is yes, you can be a director of another company now and in the future. The Registrar can ban someone from being a director in certain cases, including if the individual has been a director of quite a few companies that have gone through liquidation, or acted in an immoral or irresponsible way. Most individuals whose businesses become insolvent do not do so maliciously and will learn from their mistakes, and can run another business more successfully.
Debt Solvers offer a professional and low cost liquidation service, with offices throughout New Zealand. If your company is struggling financially, or you would like more information on whether you can start a new company after liquidation, give us a call today to discuss how we can help you.