Voluntary Liquidation of a Regular Bahamian Company

The purpose of the service is for voluntary liquidation of a regular Bahamian company or to strike it from the register.

Eligibility

Beneficial Owners of Companies.
Registered Agents who have obtained their Financial and Corporate Service Providers Licence through the Securities Commission.

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

Process

The applicant completes and files the required documents and information at the Company’s Section of the Registrar General’s Department.
The applicant pays all outstanding fees.
The Law allows three months after the Liquidators Report is received in the Registry, thereafter the Registrar would issue a letter within 1 to 7 business/working days indicating that the liquidation has been completed.

Note: All Government annual fees of BS$350.00 or BS$1,000.00 need to be paid up depending on the share capital of the company.

Application Form(s)

There are no application forms for this service.

Supporting Documents

Advertisement published in the newspaper of the Extraordinary General Meeting.
Advertisement to Creditors.
Liquidator’s report.
Evidence of fees paid up-to-date.

Turn-around time

1 to 7 business or working days.

Deadline

There are no deadlines for this service.

Related Fee(s)

There are no fees for this service.

For more information please contact

Department: Companies Section
Address: Registrar General’s Department, Cor. of Shirley and Charlotte Street, P.O. Box N 532, Nassau, New Providence, The Bahamas
Tel: +1 242 397 8959
Fax: (242) 322-5553
Email: registrargeneral@bahamas.gov.bs
Opening Hours: 9:30 am to 4:00 pm, Monday to Friday.
Phone: +1 242 397 8995
Phone: +1 242 397 8958
Phone: +1 242 397 8962

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The Government

The Bahamas