For a Cayman Islands company to be dissolved by 31 December 2021, its voluntary liquidation will need to have commenced before 30 August 2021.
Additional time may need to be allowed where the affairs of the company are not straightforward. Funds that are registered with the Cayman Islands Monetary Authority ("CIMA") pursuant to the Mutual Funds Act (2021 Revision) or the Private Funds Act (2021 Revision) ("Funds") may also need to consider an earlier commencement date to ensure that the final audited financials are completed and filed with CIMA prior to the final meeting of the Fund. CIMA requires that a Fund undertakes a final audit for the period either up to the date of the appointment of the third party liquidator or to the date of the full payment of the final redemptions.
For further information on liquidating your company please see our guide here and for our voluntary liquidation services, please feel free to contact us: info@bellrockgroup.com
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