Once a company is struck off the Nevis Company Register we are able to assist with the restoration process.
A company can be struck off the register for a range of reasons the most common being non-payment of annual license fees.
A company that has been struck off the Register remains liable for all debts, liabilities and obligations of the company. The striking-off does not affect the liability of any of its directors, officers or agents
A dissolved company may still be restored if all arrears and penalties are settled but the process will require permission from the Registrar. We are able to advise with the restoration of dissolved companies.
Struck off means the company is no longer in good standing. While the Directors of the company are not restricted from carrying on the business of the company during this time, they will be unable to warrant that the company is in good standing. In addition, no filings can be made with the Registry while the company is inactive.
Once the company has been struck off, neither the company nor any directors or shareholders may carry on any business or in any way deal with the assets or affairs of the company.
It is important to note that when a company is struck off the register, it does not affect the liability of any of its shareholders, directors, officers or agents. Nor does it prevent the company from incurring liabilities, or any creditor from making a claim against the company.
In order to restore your company to the Register we will only need the company name and the date of incorporation. Any Nevis company seeking restoration must bring up-to-date the unpaid government fees.
For information on the restoration process, you may refer to section 99 (6) (2) of the Nevis Business Corporation Ordinance and Section 53 (5) (2) Nevis Limited Liability Company Ordinance.
In order for the Registrar to issue a Certificate of Good Standing, your Nevis Company is required to be up to date in all its filings.
Once the company is restored, it is required to have a Registered Office in Nevis, which we can provide.
A Nevis company can only be restored by the registered agent on record, or the agent can be transferred, which we can organise.