If you want to keep your BVI Company active and in
good standing with the BVI Companies Registry, then you would have to renew your
company every year. If you do not want to continue using your offshore company
then you would logically stop paying for the renewal of the company.
If you change your mind and decide to reactivate your BVI Company in a year or
two, you would contact the BVI Registered Agent of your company and they would
provide you with a fee quote to restore your company.
If you have any questions about the above, send us an email.