Nevis Limited Liability Company Ordinance

PART XIII
TRANSFER OF DOMICILE
FROM NEVIS
Departure 72. Any limited liability company formed, organized, 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
limited liability company seeks to become domiciled.
Certification of 73. Any limited liability company described in section 72 shall submit
departure 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:
(a) The names and addresses of the limited liability company'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 limited liability
company in writing of a claim in excess of one thousand dollars and the total
amount of such claims;
(b) 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 limited liability company;
(c) That the limited liability company 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;.
(d) That the transfer of domicile to the foreign jurisdiction is made in
good faith and will not serve to hinder, delay or defraud existing members or
other parties in interest;
(e) A consent and agreement by the limited liability company 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
limited liability company to accept such service of process and shall set forth an
address to which a copy of such process shall be forwarded by mail.
Effective date 74. Upon payment of all fees outstanding in Nevis and upon proper
of departure compliance with this Ordinance and applicable laws for transfer of domicile to the
foreign jurisdiction, the departing limited liability company shall notify the Registrar of
Companies as to the effective date of the transfer of domicile outside of Nevis. As of
the date of such transfer to the foreign jurisdiction, said limited liability company shall
be deemed to have ceased to be a limited liability company domiciled in Nevis.
Jurisdiction of 75. Nothing in this Part shall obviate, diminish or affect the jurisdiction
courts after of any court in Nevis to hear and determine any proceeding commenced
departure therein by or against the limited liability company arising out of actions or omissions
which occurred before the limited liability company ceased to be domiciled in Nevis.