
Bahamas Company Dissolution
Ready to close your Bahamas International Business Company (IBC) and have it removed from the company registry? Our Bahamas company dissolution services are designed to handle the entire process smoothly and efficiently. We will manage all aspects of dissolving your Bahamas company, including drafting necessary documents and overseeing the formal dissolution procedure.
To file a voluntary dissolution the company must be in Good Standing, the annual fees should be paid and all filings unto date.
| Bahamas Company Dissolution fees | |
|---|---|
| Dissolution fee | £600 |
| Bahamas Agent Professional Services – Voluntary Liquidation | $1200 |
| Economic Substance Filing | $100 |
| Registrar General Filing Fees for Liquidation | $200 |
| Company Search | £80 |
| Due Diligence – Directors and Shareholders | £80 |
| Expedited Bahamas Dissolution fee | £300 |
| Business Entity Tax filing | £360 |
| Publication of Liquidation Notice | $132 |
| Newspaper Insertion Dissolution of Company | $240 |
| Certificate of Dissolution | £200 |
Bahamas Company Dissolution Process
- Affidavit of Solvency
Prepare and obtain signatures from the Director(s).
- Affidavit of Solvency
- Prepare Core Documents
- Written Consent of Shareholder(s)
- Plan of Dissolution
- Articles of Dissolution
Sent to shareholders for signatures.
- Registrar Submission
Send signed Articles of Dissolution to the Registrar with the filing fee. - Publication of Notice
Prepare and publish the first notice in The Tribune, signed by the Liquidator.
This notice sets the final date for claims (30 days after publication). - Follow-up with Registrar
After publication, a copy of the notice is sent to the Registrar. - Track Deadlines
Schedule the 30-day notice period. - Liquidator’s Statement
This is prepared and signed by the Liquidator after the notice period expires. - Final Submission
Send the signed Liquidator’s Statement to the Registrar and request a Certificate of Dissolution.
- Document Preparation: We prepare and file all required documents with the Company’s Section of the Registrar General’s Department.
- Fee Payment: We handle the payment of all dissolution fees.
- Certificate of Dissolution: Within thirty days of filing the Articles of Dissolution and upon receipt of the Liquidator’s Statement, we will secure the Certificate of Dissolution.
Please note that the dissolution process may vary depending on the type of company either an International Business Company or Limited Liability Company and specific regulations.
Required Company Documents
- Resolution/Minutes to dissolve: The directors of the company need to convene a meeting and pass a resolution to dissolve the company. This resolution should be properly documented and kept as part of the company’s records.
- Filing of Articles of Dissolution: Once all debts and obligations have been settled, the company must file Articles of Dissolution with the Registrar General. These articles typically include details such as the name of the company, the reason for dissolution, and plan of dissolution
- Publication of Notice: A notice of the dissolution must be published in a local newspaper to inform the public of the company’s closure.
- Liquidator’s Statement and Payment of all annual fees – The company must file any final tax returns and other required documents with the relevant authorities.
To start the process and to enable us to give a precise quote we require copies of the company documents, please upload: Company Documents
We will then inspect the company file at Bahamas Company Registry