Notice of Appointment of Voluntary Liquidator (Form R501)

Summary

This is BVI FSC Form R501, the statutory notice used to inform the Registrar of Corporate Affairs that a voluntary liquidator has been appointed for a BVI business company. It is filed under Section 204 of the BVI Business Companies Act, 2004, and must be submitted with supporting documents evidencing the company's solvency and liquidation plan.

• Filing deadline: The form must be filed within 14 days of the liquidator's appointment.
• Company details: Requires the BVI Company Number, transaction date, and company name.
• Liquidator details: Requires the name and address of the appointed liquidator(s) or agent, and the date of appointment, signed by or on behalf of the liquidator.
• Attachments required: The notice of the liquidator's appointment, a declaration of solvency made by the directors, and a copy of the liquidation plan must be attached.
• Registry disclaimer: The Registrar does not verify the contents of the form or whether the company's constitutional documents authorise the matters stated in it.

The form is a mandatory administrative filing rather than a substantive compliance regime, but late or incomplete filing (missing attachments or signatures) would leave the liquidation improperly notified to the Registrar.

Key obligations

• The voluntary liquidator must file Form R501 (Notice of Appointment of Voluntary Liquidator) with the Registrar within 14 days of appointment.
• The filing must attach the notice of the liquidator's appointment, a declaration of solvency made by the directors, and a copy of the liquidation plan.
• The liquidator or authorised signatory must sign the declaration and state the date of appointment.

Applies to

BVI business companies undergoing voluntary liquidation, voluntary liquidators, company directors, registered agents

Deadlines

• within 14 days of appointment: Deadline for filing the Notice of Appointment of Voluntary Liquidator (Form R501) with the Registrar.