Closing a offshore company, what is the process if I need doing so?

[bretta]

I'm considering to incorporate / register a offshore company, not sure yet where it will be, and thinking about what are the procedure to close a offshore company if I don't need it any longer or if Im forced to close the company?

 

[JohnLocke]

It will depend on where this offshore company is registered, for instant a Seychelles company will simply expire and be in "bad standing" and once while will simply be erased from the registry.

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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[craigs]

Say it is registered in the Seychelles or Belize, then we don't need to do anything if we don't need the company any longer?

 

[bretta]

Thank you for clarification. All good you got my order for a SC company Monday hope it soon registered.