Director wishes to wind up small company of which he is 100% shareholder. The company has no liabilities apart from €20,000 owed to the director. The only asset is unsold stock of €15,000. Last accounts prepared to December 2012.
What is the simplest way of winding up the company? Can the director just take over the stock personally and write off the remaining €5,000 debt that he is owed by the company? Does the company have to prepare accounts and file corporation tax returns for the period from 1 January 2013 to date of cessation?