Section 7Part 10 — Transition
Registered Office
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A limited liability company shall have and maintain a regi stered office in the Islands for the service of process and to which all notices and communications may be addressed.
A limited liability company may, subject to the terms of the LLC agreement, change the address of its registered office to another add ress in the Islands and shall, within thirty days of that change, file (whether an original, a copy or by permitted electronic means) with the Registrar an amendment to the registration statement specifying the new address of the registered office and by p aying the prescribed fee.
The person providing a registered office to a limited liability company may cease to act in that capacity by —
serving notice on any manager or member of the limited liability company; and
filing a copy of the notice w ith the Registrar including by permitted electronic means.
A limited liability company that carries on its business or affairs without having a registered office in the Islands shall incur a penalty of two hundred dollars for every day during which its business or affairs is so carried on, starting on the first business day following the date of the filing of the notice with the Registrar referred to in subsection (3)(b), which penalty shall be a debt due to the Registrar.
A person shall not provide a registered office to a limited liability company unless that person holds an appropriate licence under the Banks and Trust Companies Act (2025 Revision) or the Companies Management Act (2025 Revision) or is licensed as a mutual fund administrator under the Mutual Funds Act (2025 Revision) .
A person shall not be appointed by a limited liability company as the limited liability company’s registered office provider without that person’s prior written consent having been given to the limited liability co mpany in respect of the appointment.
Any member of the public shall be entitled to be informed by the Registrar, on request, of the location of the registered office of any limited liability company registered under this Act .