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you may have heard of the phrase company dissolution but might not know what it means well keep watching to find out [Music] [Music] hi there nicholas kevin here from first formations the uks leading company formation agent company dissolution is the act of a company being removed from the companys house register once a company has been dissolved it cannot carry on any more trading and no longer exists as a separate legal entity under the eyes of the law in this video were going to look at the need to know information for company dissolution so lets get started first of all its important to understand that there are two types of dissolution voluntary and compulsory voluntary dissolution is where a company is dissolved voluntarily which could be for a number of reasons but ultimately it will be because the directors decide that the company is no longer needed a common practical reason for a voluntary dissolution is because the company is simply no longer required perhaps the busin