Notice of Completion of Liquidation (Form R502)

Summary

This is Form R502, the statutory form used to notify the BVI Registry of Corporate Affairs that the liquidation of a BVI business company has been completed. It is filed under section 208 of the BVI Business Companies Act, 2004 and is submitted by or on behalf of the company's liquidator, typically through its registered agent.

• Form fields: Company number, transaction date, company name, agent name and address, and confirmation that the liquidator's notice of completion of liquidation is attached.
• Declaration: The liquidator(s) must declare the date on which liquidation of the company was completed, and the form must be signed by an authorised signatory on behalf of the liquidator, with the signatory's name printed.
• Registry disclaimer: The Registrar states it has no duty to verify the contents of the form or that the company's Memorandum and Articles authorise the matters stated in it.

The form itself does not specify a filing deadline; it simply records the completion date the liquidator declares and is lodged with the Registry to close out the liquidation process.

Key obligations

• The liquidator must file Form R502 with the BVI Registry to give notice that liquidation of the named company has been completed.
• The liquidator must state the specific date on which the liquidation was completed.
• The notice must be signed by an authorised signatory on behalf of the liquidator, with the signatory's name printed.

Applies to

BVI business companies, liquidators, registered agents