Your offshore company will last as long as you want it
to last. Every year there is a government renewal fee and registered agent fees
if you want to keep the company current in the BVI. If the purpose of the
offshore company no longer exist then you can dissolve the company.
An offshore company can be set up for a specific purpose and when that is done
you can move on. Some offshore companies are kept active for years and some are
only active for one year. Companies are sometimes restored to good standing
after a period of time of being struck off by the Companies Registry.
If you have any questions about the above, send us an email.