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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