Fiduciary Insights | Ascentium

Practically Speaking - Liquidation process for BVI companies

Written by Amy Roost | May 20, 2020

Our podcast series Practically Speaking was launched to provide our listeners with practical advice and insights on issues applicable to stakeholders of BVI entities.

In our fourth episode, Transactional Partner Rachel Graham and Director of Fiduciary & Custodial Kerry Graziola discuss the following:

  • the liquidation process in the BVI
  • the external factors that might affect how quickly the company can be liquidated
  • how to reorganise the company to help simplify the liquidation process
  • the ongoing duties and annual reporting obligations under the economic substance regime

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