BVI & BAHAMAS OFFSHORE COMPANIES
Please contact us today to enquire about forming a BVI offshore company or a company incorporated in Bahamas.
BVI VS. BAHAMAS COMPANY
As you might know, the new International Business Companies
Act came into force in the Bahamas on 29th December, 2000.
The principal features are:
1. An IBC may do business with and be owned by persons
resident in the Bahamas.
2. An IBC cannot issue Bearer shares and if they were issued
previously such shares should be recalled and reissued to
two Registered holders within six months after 29th December,
2000.
3. The names and addresses of the Directors and Officers
must be disclosed to the Registry for public view by filing
a Register of Directors and Officers.
4. The Company shall keep a Register of Shareholders that
must be available upon request by the Regulatory Authorities
in the Bahamas.
HOWEVER, WE MAY PROVIDE FOR YOUR EXISTING BAHAMIAN COMPANY
OUR NOMINEE SERVICES
TO SAVE YOUR LOW PROFILE.
Meanwhile judging by the "insider" information
of our associates in the British Virgin Islands, their government
is going to do whatever possible to keep existing low profile
of BVI International Business Companies.
So, bearer shares are still
allowed here, and there is no requirements as to the disclosure
of the names of directors, officers, and shareholders to
the local authorities.
February 15, 2001
Return to Offshore Company Formation home.
Suggested Pages
Offshore Company Registration
Offshore Company Incorporation
Offshore Holding Company
Register Offshore Company
Offshore Onshore
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