Government Businesses

Dissolution of an International Business Company

Registered Agents can dissolve an International Business Company (I.B.C.) through the Companies Section of the Registrar General’s Department.

Eligibility 

Registered Agents who have obtained their Financial and Corporate Service Provider's Licence issued by the Securities Commission.

Note: If there are Registered Agents on the Family Islands, they must be licensed in New Providence.

Process 

  1. The applicant completes and files the required documents and information with the Company’s Section of the Registrar General’s Department.
  2. The applicant pays the dissolution fees.
  3. Within thirty days after the filing of Articles of Dissolution and upon receipt of the Liquidator’s Statement verifying completion, the Certificate of Dissolution is issued.

Application Form(s) 

There are no application forms for this process.

Supporting Documents 

  • Resolution/Minutes to dissolve.
  • Articles of dissolution which includes a plan of dissolution.
  • Advertisement of dissolution (Newspaper clipping).
  • Liquidator’s Statement and Payment of all annual fees.

Turn-around time

1 to 7 business or working days.

Deadline 

There is no deadline date for this service.

Related Fee(s) 

Dissolution Fee is BS $200.00

For more information please contact 
 

Companies Section

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