• Section 7: Section 7: Annual Return

    • Article 92Q - Duty to deliver annual returns

      (1) Every LLC(G) shall deliver to the CRO successive annual returns each of which is made up to a date not later than the date which is from time to time the "return date" of the LLC(G), that is:
      (A) the anniversary of the incorporation of the LLC(G); or
      (B) if the last return delivered by the LLC(G) in accordance with this Article 92Q was made up to a different date, the anniversary of that date.
      (2) Each annual return shall:
      (A) be in the Prescribed Form;
      (B) contain the information required by Article 92R;
      (C) be signed by a director or secretary of the LLC(G); and
      (D) be delivered to the CRO together with payment of the Prescribed Fee.
      (3) If an LLC(G) fails to deliver an annual return in accordance with this Article 92Q before the end of the period of 28 days after the return date, the LLC(G) shall be in contravention of these Regulations. The contravention continues until such time as an annual return made up to that return date and complying with the requirements of Article 92Q(2) (except as to date of delivery) is delivered by the LLC(G) to the CRO.
      (4) Where an LLC(G) is in contravention of these Regulations under Article 92Q(3) every director of the LLC(G) is similarly liable unless he shows that he took all reasonable steps to avoid the commission of or the continuance of the contravention of these Regulations.
      Inserted (as from 5th April 2015).

    • Article 92R - Contents of annual return

      Every annual return of an LLC(G) shall state the date to which it is made up and shall contain the following information:

      (1) In respect of each class of Members, the Name and Address of each Member of the LLC(G) and the amount of the undertaking provided by such Member;
      (2) the Name, Address, nationality, date of birth and Business occupation of each of the directors and the secretary of the LLC(G);
      (3) the registered office of the LLC(G);
      (4) the principal activities of the LLC(G) in the year in question; and
      (5) any other information as may be prescribed by the CRO.
      Inserted (as from 5th April 2015).