Voluntary Liquidation Process In The Cayman Islands – A Step Plan

The voluntary liquidation process in the Cayman Islands is straight forward and definitive as a Cayman Islands company that has underwent a voluntary liquidation ceases any future claims by creditors against the company. It should be noted that the voluntary liquidation process in the Cayman Islands is a statutory process with strict deadlines for filings and publication requirements which if not adhered to correctly can result in potential large fines. Therefore you should select a professional liquidator who fully appreciates their obligations.

Dissolution of a Company – Step Plan

It should be determined (by the Directors) whether the company is in fact suitable for a voluntary liquidation.