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ARTICLE · 30 MAY 2018

New Compulsory Bermuda Bye-law Filing Requirements

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The Companies Amendment Act, 2018, which is deemed to have come into operation on 21 March 2018, amends the Companies Act, 1981 as regards the filing of information contained in bye-laws...

BermudaCorporate/Commercial Law
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The Companies Amendment Act, 2018, which is deemed to have come into operation on 21 March 2018, amends the Companies Act, 1981 (the ''Act'') as regards the filing of information contained in bye-laws and applies to all Bermuda companies having a share capital. Under transitional provisions, all such companies will have a period of six (6) months from 21 March 2018 (that is until 20 September 2018) to make the required filing.

Pursuant to the new Section 13(2A) of the Act, every Bermuda company having a share capital must file with the Bermuda Registrar of Companies the information that the company is required to include in its bye-laws as prescribed by subsections 13 (2)(a), (e) and (f) of the Act.

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