A company that wishes to cease business and be removed from the Register of Companies must make an official application to the Companies Registry.

To qualify for deregistration, a company must meet the following requirements:

• All members (shareholders) should agree to deregistration
• The company must have ceased business for a minimum of three months
• There should be no intention to recommence business in the future
• All trading stock, property or securities should have been disposed of
• There must be no outstanding liabilities, including taxes, fees, fines or penalties
• There must be no unanswered enquiries from the Inland Revenue Department
• All annual returns must have been filed