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Friday, Jan 27th 2023

The ACP Legal Association

  • OHADAC and ACP Legal

    The partisans of this project, called OHADAC (Organisation for the Harmonisation of Business Law in the Caribbean), decided to meet within the framework of the association ACP Legal, to help interested Caribbean States to implement the project.

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  • OHADAC in brief

    This brochure has been published by the ACP Legal Association.

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OHADAC Texts

Summary

DRAFT OHADAC MODEL LAW OF COMMERCIAL COMPANIES

Article 20

Possibility and conditions of registered office transfer

1. The transfer of a registered office to a foreign country shall be possible without requiring the dissolution of the company.

2. As a result of the transfer of the registered office and from the time when that change of registered office becomes effective, the laws governing the company shall be the laws of the State to which the registered office has been transferred.

3. For the purposes of the present chapter and unless otherwise provided, the registered office shall be as stipulated in the company’s bylaws.

4. The transfer of a company’s registered office shall only be possible where the laws governing the company so allow and under the conditions provided for in the relevant legislation.

5. The transfer of the registered office of a company to another State shall only be possible where the laws of the State to which the registered office is to be transferred allow such transfer while preserving the legal personality of the company.

Downloads

EXPLANATORY NOTE.pdf

Draft OHADAC model law of commercial companies.pdf