□ Certified evidence o f capital and deposit requirements. See section 12 of the Act
Name, citizenship, bankers' references and addresses of shareholders (include names of beneficiaries where shareholders are nominees) with statutory declaration as shown in Part 7. Also amount and type of shares held.
□ Resumes of each Director and senior management personnel of applicant, together with banker's references. Resumes– shall contain: name, previous names, date and place of birth, citizenship details, country of residence and length of residency, private address for past 10 years, educational and professional qualifications, employment history, etc.
□ Constitutional documents - Certified copies of Memorandum and Articles of Association, and Certificate of Incorporation.
□ Particulars of shareholder loan – Include details of all loans to and from shareholders.
□ Comparative financial statement– Copy of applicant's and applicant's parents company's latest audited accounts and group accounts where applicable for three (3) years prior to year of application, and statements of accounts at end of month prior to submission of application. (Applies to subsidiary or continuing companies) | □ Business plan – encompassing background, business objectives, management and staff structure, projected financial position for first three (3) years. Also full details of parent or subsidiary relationships where applicable.
□ Customer base statement – For general business sub class 1, include the names and addresses of general business customers.
□ Auditors, actuaries and attorneys-at-law Confirmation of Appointment – Names and addresses of appointed firms of auditors, actuaries and attorneys-at-law with confirmation letters.
□ Undertaking to provide and set apart fully paid capital, before and at the time business commences. Undertaking must expressly provide that Laws of Saint Lucia are to govern validity, interpretation and effects on the rights and obligations of each of the parties.
□ Actuarial opinion – Required under section 15(3) of the Act. See form 7 of the Regulations for the format of the opinion. |