Your BVI company won't dissolve itself.
But miss one annual fee and it basically will.
What actually happens when offshore admin gets neglected:
๐๏ธ Miss annual gov fee - automatic strike off
๐ Missed filings - penalties from $5,000
๐ค Agent goes unresponsive - nobody notices for months
It just needs a system and someone watching the calendar.
#BVI #Web3 #CryptoFounders
Pearl Formations supports Web3 teams with offshore structuring and ongoing entity ops/admin (BVI and Cayman).
We coordinate agents, counsel, directors, and other providers to keep formations, changes, and annual requirements organized and moving.
https://t.co/uVSEeBM4Oa