An MVL in Ireland typically takes between three and twelve months, depending on the complexity of the company’s assets and affairs. Simple cases with cash assets and no disputes can be completed relatively quickly, while companies with property, debtors to collect, or tax queries from Revenue may take longer. The liquidator must advertise for creditors, realise assets, settle any liabilities, and distribute funds to shareholders before the company can be formally dissolved and struck off the register. Throughout the process, the liquidator keeps shareholders informed. A corporate advisor can give a realistic timeline based on the specific circumstances of the company.
