Setting up business in the bahamas

ANNEXES I Setting up companies in the Bahamas
Several notes from the web

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Copyright The Government of the Commonwealth of The Bahamas

CHAPTER 309 INTERNATIONAL BUSINESS COMPANIES ARRANGEMENT OF SECTIONS
PART I PRELIMINARY 1. Short title. 2. Interpretation. PART II CONSTITUTION OF COMPANIES 3. Incorporation. 4. Persons who can incorporate International Business Companies. 5. No criminal objects or purposes. 6. Contravention of section 5. 7. Personal liability. 8. Mode of limiting liability of members. 9. Company limited both by shares and by guarantee. 10. Powers. 11. Validity of acts of company. 12. Name. 13. Memorandum. 14. Articles. 15. Registration. 16. Certificate of incorporation. 17. Certificate to be evidence of compliance. 18. Amendment of Memorandum or Articles. 19. Copies of Memorandum and Articles to members. PART III CAPITAL AND DIVIDENDS 20. Consideration for shares. 21. Amount of consideration. 22. Fractional shares. 23. Capital and surplus accounts. 24. Dividend of shares. 25. Increase or reduction of capital. 26. Division and combination. 27. Nature of share. 28. Share certificates. 29. Share Register. 30. Rectification of Share Register. 31. Transfer of registered shares. 32. Acquisition of shares. 33. Treasury shares disabled in respect of voting and dividends. 34. Increase or reduction of capital. 35. Dividends. 36. Appreciation of assets.
Copyright The Government of the Commonwealth of The Bahamas

PART IV REGISTERED OFFICE AND AGENT 37. Registered office. 38. Registered agent. 39. Register of registered agents. PART V DIRECTORS, OFFICERS, AGENTS AND LIQUIDATORS 40. Management by directors.

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41. Unanimous shareholder agreement. 42. Election, term and removal of directors. 43. Number of directors. 44. Register of directors and officers. 45. Powers of directors. 46. Emoluments of directors. 47. Committee of directors. 48. Meeting of directors. 49. Notice of meetings of directors. 50. Quorum of directors.