If your Cayman company has naturally reached the end of
its life cycle, making an early start to the dissolution process
means you will avoid several fees including 2023 annual government,
regulatory and service provider fees. Our boots on the ground
expertise in Cayman means we are always up to date with key
timelines, which can ultimately save companies costs.
If you wish to liquidate a company in Cayman, there are some
timelines and deadlines that you need to consider.
Private companies
The final general meeting for a private company must be held
before 31 January 2023 to avoid the 2023 annual fees. The
dissolution process takes approximately six to eight weeks to
complete and given potential delays at the Registrar of Companies
with the December rush, starting the liquidation process by end of
September 2022 is advisable.
