Section 50Part 4 — Management and Administration of Companies and Associations
Registered office of company
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Every company shall have a registered office in the Islands to which all communications and n otices may be addressed and any company which carries on business without having such an office, shall incur a penalty of ten dollars for every day during which business is so carried on.
In the case of an exempted company or a non - resident company, th e address of the registered office referred to in subsection (1) shall be the same as the address of the person licensed by the Authority who provides company management services for the exempted company or non - resident company except where the registered office was located at a different address in the Islands immediately prior to the 10th January, 2013, the date of commencement of this provision by the Companies (Amendment) Act , 2012 [Law 6 of 2012] , and remains at such address on or after the date of com mencement of this provision.