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

Last updated: Oct 21, 2026, 17:46 (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

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