Register of Directors at the Registered Office
Another important amendment implemented by the International Business Companies (Amendment) Act 2003 is the requirement to maintain the Register of Directors at the Registered Office of the company. The Register of Directors should include the following information: name and address of the director, date of appointment and date of resignment/removement.
For companies incorporated on or after 1 January 2005 it is mandatory to keep the Register of Directors at the BVI registered office of all IBCs. Details about directors will remain confidential to third parties.
The companies incorporated before 1 January 2005 had to establish and maintain a Register of Directors during 1 year from 1 January 2005. The Register of Directors must contain information about directors on 1 January 2005, together with all changes in respect of the directors thereafter. The Register of Directors does not need to contain directors information before 1 January 2005.
If an IBC maintained an optional Register of Directors before 1 January 2005, a copy of that register shall be retained at its registered office for a period of at least 10 years from 1 January 2005.
