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Solvent Voluntary Liquidation of BVI Companies

February 2011 - Finance. Legal Developments by Ogier .

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This briefing is intended to give a brief guide to the steps involved in the solvent liquidation of a business company incorporated in the British Virgin Islands (“BVI”). The liquidation process described (where a company has no liabilities or is able to pay its debts as they fall due) is carried out in accordance with Part XII of the BVI Business Companies Act, 2004 (the “Act”)

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