The world's three largest offshore companies registered in a legal comparative study Serial 8

offshore company shareholders

(1) Bermuda. Foreign companies must be held each calendar year, shareholders. Unless otherwise provided in the articles of incorporation, the shareholders attending the General Assembly, only one person can be held valid. Annual General Meeting or special meetings of the notification should be at least five days before the service at the beginning of the session, less than 5 days notice should be given the approval of shareholders. Articles of Association may provide for a longer period of notice. Holding not less than 10% of the paid equity capital of the request of shareholders, directors shall preside over the convening of the Extraordinary General Meeting. General meeting of shareholders can not be held in Bermuda.

(2) British Virgin Islands. International Business Companies do not hold annual general meeting of shareholders. General meeting of shareholders minimum period of seven days virtual office notice. Company outline, or charter may provide for a longer period of notice. According to a 50% (the company charter may provide an outline, or a lower ratio) more of the voting power of the written request of shareholders, directors shall preside over the convening of the Extraordinary General Meeting. General meeting of shareholders can not be held British Virgin Islands.

(3) of the Cayman Islands do not have to be held by overseas companies annual general meeting of shareholders. Unless a company outline and the statutes provide otherwise, shareholders of the General Assembly to inform the shortest period of five days, the shareholders of the General Assembly may be convened by the three shareholders. General meeting of shareholders held in the Cayman Islands can not.