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    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
    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 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

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