The individual concerned has the right to choose whether to invest alone or have partners and to determine the form of the relationship. There are no restrictions regarding the nationality of the subscribers. The capital structure may comprise more than one class of shares including redeemable preference shares, with such conditions as the articles may provide. Shares in a company are without nominal or par value. At least once every year a General Meeting of the shareholders must be held for Companies incorporated in Guyana.
Every company is required to file an annual return.
The annual returns must be completed in a standard prescribed form and must be made on the date of the annual general meeting of the company. However, a copy need not be sent if a shareholder informs the company in writing that he does not want a copy. Liquidation of a Company Unlike some of the other Caribbean jurisdictions, the law relating to the liquidation of companies is embodied in the Companies Act . Under this Act, a company may be wound up either by an order of the Court or voluntarily. In bankruptcy proceedings additional obligations may be imposed on those directors, managers or principal officers of an external company who are resident in Guyana.