Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    Cayman Islands Voluntary Liquidations 2018
    2018-10-30

    In order to prevent the expense of annual 2019 government registration fees, an appointed liquidator will be required to hold the final general meeting for a company or file the final dissolution notice for an exempted limited partnership on or before 31 January 2019.

    Filed under:
    Cayman Islands, Insolvency & Restructuring, Private Client & Offshore Services, Maples Group, Liquidation, Cayman Islands Monetary Authority
    Authors:
    Marc Randall , Mervin Solas , Carrie Bunton , Lesley Thompson
    Location:
    Cayman Islands
    Firm:
    Maples Group
    Cayman Islands Voluntary Liquidations 2019
    2019-06-17

    The timing of the commencement of the voluntary liquidation of a Cayman Islands company was often driven primarily by the desire to avoid incurring the following year's annual government fees. To avoid those fees, the liquidation had to commence by December, with the final meeting being held before the end of January. This timetable resulted in an effective dissolution date into the next calendar year, while still avoiding the government fees for that year.

    Filed under:
    Cayman Islands, Insolvency & Restructuring, Private Client & Offshore Services, Maples Group, Investment funds, Cayman Islands Monetary Authority, Foreign Account Tax Compliance Act 2010 (USA)
    Authors:
    Marc Randall , Mervin Solas
    Location:
    Cayman Islands
    Firm:
    Maples Group
    Undertaking Voluntary Liquidations of Cayman Islands’ Entities prior to 31 December 2019.
    2019-10-10

    Voluntary liquidations generally

    As the conclusion of 2019 approaches, clients should give some thought to whether or not they have Cayman entities which they are no longer using and wish to liquidate prior to the end of 2019 in order to, among other things, avoid annual government registration fees due in January 2020. A voluntary liquidator of a Cayman company or exempted limited partnership (ELP) is required to hold the final general meeting for that company or file the final dissolution notice for that ELP on or before 31 January 2020.

    Filed under:
    Cayman Islands, Insolvency & Restructuring, Private Client & Offshore Services, Loeb Smith Attorneys, Limited partnership, Investment funds, Cayman Islands Monetary Authority
    Authors:
    Gary Smith , Vivian Huang , Yun Sheng , Elizabeth Kenny , Santiago Carvajal
    Location:
    Cayman Islands
    Firm:
    Loeb Smith Attorneys
    Termination of Cayman vehicles - advance planning to minimise 2020 fees
    2019-10-22

    Do you have Cayman vehicles that you are considering terminating?

    If so, you should consider initiating the process now to minimise or eliminate 2020 annual fees. This note contemplates corporate vehicles but similar considerations apply to partnerships.

    Termination by voluntary liquidation

    Filed under:
    Cayman Islands, Insolvency & Restructuring, Private Client & Offshore Services, Securitization & Structured Finance, Ogier, Cayman Islands Monetary Authority
    Authors:
    Giorgio Subiotto , Ridhiima Kapoor
    Location:
    Cayman Islands
    Firm:
    Ogier
    Cayman Islands Voluntary Liquidations 2017
    2017-10-24

    In order to prevent the expense of annual 2018 government registration fees, an appointed liquidator will be required to hold the final general meeting for a company or file the final dissolution notice for an exempted limited partnership on or before 31 January 2018.

    Filed under:
    Cayman Islands, Insolvency & Restructuring, Private Client & Offshore Services, Maples Group, Audit, Liquidation, Cayman Islands Monetary Authority
    Authors:
    Marc Randall , Mervin Solas
    Location:
    Cayman Islands
    Firm:
    Maples Group
    Cayman Islands Voluntary Liquidations 2016
    2016-09-22

    As year end approaches, it is time to start planning the liquidation of Cayman Islands entities that have reached the end of their life cycle to ensure that unnecessary fees are not incurred.

    Filed under:
    Cayman Islands, Insolvency & Restructuring, Private Client & Offshore Services, Maples Group, Liquidation, Cayman Islands Monetary Authority
    Authors:
    Marc Randall , Mervin Solas
    Location:
    Cayman Islands
    Firm:
    Maples Group
    Voluntary Liquidation of a Cayman Islands Exempted Company
    2016-11-09

    This guide outlines the procedure for a voluntary liquidation of a solvent Cayman Islands exempted company and the duties of its liquidator. It also sets out the process for striking an exempted company off the Register of Companies in the Cayman Islands.

    Voluntary liquidation

    A Cayman Islands exempted company can be wound up voluntarily:

    Filed under:
    Cayman Islands, Insolvency & Restructuring, Harneys, Liquidation, Cayman Islands Monetary Authority
    Location:
    Cayman Islands
    Firm:
    Harneys
    Cayman Islands Voluntary Liquidations: Operational Efficiencies from Starting the Liquidation Process Earlier
    2017-07-10

    The timing of the commencement of the voluntary liquidation of a Cayman Islands company was often driven primarily by the desire to avoid incurring the following year’s annual government fees. To avoid those fees, the liquidation had to commence by December, with the final meeting being held before the end of January. This timetable allowed for an effective dissolution date into the next calendar year, while still avoiding the government fees for that year.

    Filed under:
    Cayman Islands, Insolvency & Restructuring, Private Client & Offshore Services, Tax, Maples Group, Liquidation, Cayman Islands Monetary Authority
    Location:
    Cayman Islands
    Firm:
    Maples Group
    Cayman Islands: Key dates to terminate a Cayman company to avoid unnecessary fees for 2024.
    2023-10-26

    If you are considering terminating a Cayman company by way of voluntary liquidation or strike-off, it is crucial to adhere to specific deadlines and procedures to avoid unnecessary fees for the year 2024. There will be varying requirements depending on whether the entity is regulated or non-regulated.

    Options for termination - voluntary liquidation or strike-off

    Filed under:
    Cayman Islands, Company & Commercial, Insolvency & Restructuring, Loeb Smith Attorneys, Cayman Islands Monetary Authority
    Authors:
    Gary Smith , Robert Farrell , Elizabeth Kenny , Wendy Au , Faye Huang , Vivian Huang , Yun Sheng
    Location:
    Cayman Islands
    Firm:
    Loeb Smith Attorneys
    Technical Brief for Investment Funds 2023
    2023-09-11

    The New Regime For Restructuring Officers | Cayman Islands Technical Brief for Investment Funds On 31 August 2022, the Cayman Islands introduced the restructuring officer regime (“the Regime”) by making certain amendments to the Cayman Islands Companies Act (“the Act”). In this arcle we consider the benefits of the Regime now that it has been in place for nearly twelve months, and how it is operang in pracce.

    Filed under:
    Cayman Islands, Company & Commercial, Corporate Finance/M&A, Insolvency & Restructuring, Loeb Smith Attorneys, Corporate governance, Cayman Islands Monetary Authority
    Location:
    Cayman Islands
    Firm:
    Loeb Smith Attorneys

    Pagination

    • First page « First
    • Previous page ‹‹
    • Page 1
    • Current page 2
    • Page 3
    • Page 4
    • Next page ››
    • Last page Last »
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days