Skip to content

What happens if a BVI company is struck off, and can it be restored?

Last updated: Nov 11, 2026, 16:48 (UTC+08:00)

The Registrar can strike off a company that does not pay its annual fee or has no registered agent. Under the rules in force since 2023, a struck-off company is dissolved at the same time, and restoring it means an application, a restoration fee and payment of every unpaid fee and penalty within a limited period (confirm the current window with your specialist). If you no longer need the company, a planned strike-off costs less than letting it lapse.

Close a company properly

Source: BVI Business Companies (Amendment) Act, 2022 (striking off, dissolution and restoration), Attorney General's Chambers, Virgin Islands Laws Online

More FAQs

Related Questions You Might Find Helpful

Discover additional answers related to British Virgin Islands and corporate formation.

View all British Virgin Islands questions

Still have questions about British Virgin Islands?

Speak with our experienced corporate incorporation specialists today.