Offshore Banking with a Swiss Bank Account and Nevis LLC

Departure 111. Any corporation formed, incorporated, created, or otherwise
existing under or subject to this Ordinance may become domiciled
in any foreign jurisdiction upon compliance with this Ordinance
and the laws of the jurisdiction into which the corporation seeks to
become domiciled.
Certification of 112. Any corporation described in section 111 of this Part shall
departure submit for filing with the Registrar of Companies a Certificate of
Departure which shall be executed in the same manner as an
Application to Transfer Domicile. The Certificate of Departure
shall set forth
(i) The names and addresses of the corporation's creditors
and the total amount of its indebtedness to such creditors,
and the names and addresses of all persons or entities
which have notified the corporation in writing of a claim in
excess of One Thousand Dollars and the total amount of
such claims; and
(ii) That the intended departure from Nevis and transfer of
domicile to a foreign jurisdiction is unlikely to be
detrimental to the rights or property interests of any
creditor of or claimant against the corporation; and
(iii) That the corporation at the time of application to the
foreign jurisdiction is not in breach of any duty or
obligation imposed upon it by this Ordinance or any other
law of Nevis; and
(iv) That the transfer of domicile to the foreign jurisdiction
is made in good faith and will not serve to hinder, delay or
defraud existing shareholders or other parties in interest;
and
(v) A consent and agreement by the corporation that it may
be served with process in Nevis in any proceeding arising
out of actions or omissions occurring prior to its departure
from Nevis, which agreement shall include the appointment
of the Registrar of Companies as the agent of the
corporation to accept such service of process and shall set
forth an address to which a copy of such process shall be
forwarded by mail.

 

 

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