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What is the procedure to wind up a Labuan offshore company?

April 26, 2017COMPANY labuan Offshore procedure wind

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What is the procedure to wind up a Labuan offshore company?

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10 Posted

An offshore company may be wound up voluntarily or by the court. The actual wind up process must be conducted by a liquidator approved by the Registrar. The OCA 1990 does not provide for winding up procedures but winding up procedures in the Companies Act 1965 are adopted in full. This process takes at least six months or longer.