NetIncorp.com Corporation
       
Specialist in British Virgin Islands (BVI) Company Formations
We provide BVI offshore company formations and related services to clients worldwide. We are specialist in tax exempt BVI Companies. All aspects of the incorporation and post incorporation process can be completed on-line and via email. Professional personnel are available to help you on-line and off-line.
Home About Us Incorporate a BVI Company Payment Info Fees Contact Info


Offshore Company Land NewsLetters?

 
 

Should I let my BVI Offshore Company be Struck-Off due to non-payment of the renewal fee OR arrange for the company to be dissolved / liquidated?
Staff writer: NetIncorp.com
Sept. 2012


It depends on your needs. If you need to show a Certificate of Dissolution to a 3rd party as evidence that the company was dissolved in the BVI, then you would have to do a formal dissolution with the BVI Companies Registry. If this is not an issue for you then being Struck-Off for non-payment of the renewal fee may be the option for you.

The cost of a dissolution can range between US$3,500 to US$5,500.  The cost of letting the offshore company be Struck-Off due to non-payment of the renewal fee is US$0. Which option do you think most clients pick? 

However, if your BVI Company was Struck-Off and then you decided to do a formal dissolution with the BVI Companies Registry you would have to restore the BVI Company to good standing before filing the dissolution.        

If you have any questions about the above, send us an email.

      


NetIncorp.com Corporation