Offshore Banking with a Swiss Bank Account and Nevis LLC

Contents of articles of
incorporation

25. The articles of incorporation shall set forth:

(1) The name of the corporation;
(2) A statement that the corporation is formed under this
Ordinance;
(3) The succession of the corporation if other than
perpetual;
(4) The purpose or purposes for which the
corporation is organized. It shall be sufficient to state,
either alone or with other businesses or purposes, that the
purpose of the corporation is to engage in any lawful act or
activity for which corporation: may be organized under this
Ordinance, and by such statement all lawful acts and
activities shall be within the purposes of the corporation,
except for express limitations, if any.
(5) The address of the corporation in Nevis which
shall be the address of its registered agent.
(6) The aggregate number of shares which the
corporation shall have authority to issue; if such shares are
to consist of one class only, the par value of each of such
shares, or a statement that all of such shares are without par
value; or if such shares are to be divided into classes, the
number of shares of each class, and a statement of the par
value of the shares of each class or that such shares are to
be without par value.
(7) If the shares are to be divided into classes, the
designation of each class and a statement of the
preferences, limitations, and relative rights in respect of the
shares of each class.
(8) The number of shares to be issued as registered
shares and as bearer shares and whether registered shares
may be exchanged for bearer shares and bearer shares for
registered shares.
(9) If bearer shares are authorized to be issued,
(i) appropriate procedural provisions respecting the
rights and obligations of bearer shareholders
including those relating to (1) notice of meetings or
other action, (2) payment of dividends and, (3)
qualification for voting; or,
(ii) a statement that the provisions required by (i)
above shall be set forth in the bylaws.
(10) If the corporation is to issue the shares of any
preferred or special class in series, then the designation of
each series and a statement of the variations in the relative
rights and preferences as between series insofar as the same
are to be fixed in the articles of incorporation, and a
statement of any authority to be vested in the board of
directors to establish series and fix and determine the
variations in the relative rights and preferences as between
series.
(11) If the initial directors are to be named in the
articles of incorporation, the names and addresses of the
persons who are to serve as directors until the first annual
meeting of the shareholders or until their successors shall
be elected and qualify.
(12) The name and address of each incorporator.
(13) Any provision, not inconsistent with law,
which the incorporators elect to set forth in the articles of
incorporation for the regulation of the affairs of the
corporation, including the designation of initial directors,
subscription of stock by the incorporators, and any
provision restricting the transfer of shares or providing for
greater quorum or voting requirements with respect to
shareholders or directors than are otherwise prescribed in
this Ordinance, and any provision which under this
Ordinance is required or permitted to be set forth in the
bylaws. It shall not be necessary to enumerate in the
articles of incorporation the general corporate powers
stated in section 12 of Part II.

 

 

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