Barbados to Bermuda

Posted 13/01/2012 • Under Legal Memoranda

The continuance of a Barbados entity into Bermuda requires careful planning. Due to the nature of a continuance it is possible that a continuing company will be, at least for a short period, a stateless entity. To ensure that such a situation does not occur, it is suggested that before any application is made all the appropriate documentation first be completed both here and in Barbados. If at all possible, it is preferable that applications for registration of a continuance are made at the same time both in Bermuda and in Barbados. The end result should be that the company will discontinue from Barbados and continue in Bermuda at the same time.

This memorandum outlines the steps necessary under the Companies Act 1981 of Bermuda (the “Act”) and the Barbados Companies Act (“BCA”) for a Barbados company to continue into Bermuda as a Bermuda exempted company.