BVI - License Fees due 31st May
We would like to inform you regarding the BVI Annual Fees deadline for the year 2017, that the payment must be received at our office no later than 12.05.2017. Due date is 26.05.2017.
The following penalties will be imposed for failure to pay the 2017 levy by 26.05.2017:
1st June – 31st July – 10%
1st August – 31st October – 50%
1st November – STRIKE OFF*
* Please note that this does not mean that the company will be effectively and permanently liquidated or “closed”, since the company will continue to bear all responsibilities and obligations.
Once a company is struck off, the Register restoration fees are payable to bring the company back in Good Standing.
As always we remain at your full disposal for any information and/or clarifications you may require.