Aspen Trust

General Information

• Type of Company – Limited Liability Company
• Legislation – Common Law
• Company name - Non-English names are allowed
• Time-scale for incorporation - 3 to 5 working days
• Change in domicile is permitted
• Double tax treaties – None
• Shelf companies are not available
• Taxation on profits - None on foreign profits

Local Requirements

• Registered Office is required
• Company secretary and local secretary are not required
• Local directors are not required
• Public recording of shareholders is not required
• Public recording of directors is required

Corporate Requirements

• Minimum number of shareholders - One (1)
• Minimum number of directors - One (1)
• Minimum paid up share capital – USD50,000
• Usual Authorised Capital – USD50,000

Annual Requirements

• It is not a requirement to prepare and file accounts
• There is no requirement for audited accounts
• It is a requirement to file annual return
• It is not a requirement to have publicly accessible accounts
• The minimum government fees are USD575