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hello everyone and welcome to another doma uh webinar my name is georgia and i will be talking with you about the strikeoff and the liquidation process procedures ill be describing and illustrating some special aspects of the procedures generally speaking um it is accepted that company shall not be left abandoned irrespective of whether there is where it is incorporated or whether therefore where a company must close there are two options available first one their company can be struck off or a company cant liquidate it whereas both procedures result in the seas of the company the points to be considered at each procedure is obsessionally different for the purposes of our discussion of our presentation uh our focus will be on how the above procedures are applied this is for companies incorporated in cyprus in singapore and other three types of jurisdictions these are seychelles belize and british virgin islands or ive referred to as bbi so the key points to consider in our presentat