Jan 29, 2007 06:13
17 yrs ago
40 viewers *
English term
providing the registered office or the registered agent for companies
English
Bus/Financial
Law (general)
Articles of Association
The Company is not authorised and may not: carry on the business of *providing the registered office or the registered agent for companies* incorporated in the British Virgin Islands.
What does it mean in plain English?
What does it mean in plain English?
Responses
4 +5 | see below... | William [Bill] Gray |
Responses
+5
1 hr
Selected
see below...
Sometimes companies may wish to act on behalf of other companies, and offer agency services; something which is not always allowed under the law in some countries.
In this case, the "Company" does not have the authorisation or the legal right, to offer the services of
a) providing a registered office
b) acting as the registered agent
for any other companies which are incorporated in the BVI.
In this case, the "Company" does not have the authorisation or the legal right, to offer the services of
a) providing a registered office
b) acting as the registered agent
for any other companies which are incorporated in the BVI.
4 KudoZ points awarded for this answer.
Comment: "Thank you, makes perfect sense!"
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