Offshore Banking with a Swiss Bank Account and Nevis LLC

Application of Ordinance

3. (1) Any corporation or company created prior to the
effective date of this Ordinance may at anytime subject
itself to the provisions of this Ordinance by amending its
articles of incorporation in accordance with the manner
prescribed by Part IX. Any corporation formed or subject to
this Ordinance which does business in Nevis shall be
subject to and comply with all requirements of the
Companies Ordinance in the same manner as a company
formed thereunder.
(2) A corporation to which the Banking Law or Insurance
Law is applicable shall also be subject to this Ordinance,
but the Banking Law or Insurance Law, as the case may be,
shall prevail over any conflicting provisions of this
Ordinance.

 

 

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