Offshore Banking with a Swiss Bank Account and Nevis LLC
PART XII TRANSFER OF DOMICILE: TO NEVIS Definitions 102. As used in this Part, unless the context otherwise Definitions requires, the term: ‘‘Articles of Incorporation’’ when referring to a Foreign Corporation means the articles of incorporation, certificate of incorporation, charter, statute, memorandum or other instrument defining the constitution of the corporation. "Corporation" includes any incorporated organization, private law corporation, public law corporation, or similar entity. "Foreign Domicile" means the seat, siege, social registered office, or any other equivalent thereto under applicable law. "Foreign Corporation" means any corporation, incorporated, created or formed in any jurisdiction other than Nevis and which derives no income from operations in Nevis. When transfer 103. (1) Any Foreign Corporation may, subject to and upon domicile is compliance with the further provisions of this Part, transfer permitted its domicile into Nevis, and may perform the acts described in the provisions of this Part, so long as the law of the Foreign Domicile do not expressly prohibit such transfer. (2) Nothing in this Ordnance shall be regarded as permitting a foreign corporation which transfers its domicile to Nevis to transfer business operations to Nevis.
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