Industry Updates

Guidance to Registered Agents Regarding Filing of Certificates of Completion of Voluntary Liquidations

Section 208(1) of the BVI Business Companies Act, 2004 requires that a voluntary liquidator shall, upon completion of a voluntary liquidation, file with the Registrar a statement that the liquidation has been completed. Upon receipt of the statement, the Registrar shall strike the name of the company off the Register and issue a certificate of dissolution.