Registered Agents with clients interested in converting their companies incorporated under the Companies Act, 1992 into an International Business Company can register a continuation of the Regular Company to an International Business Company.
Eligibility
Registered Agents who have obtained their Financial and Corporate Service Providers licence through the Securities Commission.
Note: Registered Agents on the Family Islands must be licensed in New Providence.
Process
- The applicant completes and files the required documents and information at the Company’s Section of the Registrar General’s Department.
- The applicant pays the relevant fees.
Application Form(s)
There are no application forms for this service.
Supporting Documents
- Articles of Continuation.
- Directors' Resolution.
- Letter of Compliance
- Amended and Restated Memorandum.
- Articles of Association along with a copy of the originating Memorandum and Articles of the Regular Company.
Turn-around time
1 to 7 business or working days.
Deadline
There are no deadlines for this service.
Related Fee(s)
Applicant is required to pay BS$350.00 if capital is less than BS$50,000.00 and BS$1000.00 if capital is over BS$50,000.00
