Type of Company – International Business Compnay (IBC)
Legislation – Common Law
Company name - Non-English names are permitted
Time-scale for incorporation - 3 days
Change in domicile - permitted
Double tax treaties - with 18 countries
Shelf companies are available
Taxation on profits - Nil
Local Requirements
Registered Office is required
Company Secretary is required
Local secretary is required
Local directors are not required
Coporate secretaries and directors are permitted
Public recording of shareholders and directors is not required
Corporate Requirements
Minimum number of shareholders - One (1)
Minimum number of directors - One (1)
Minimum capital requirement - None
Standard Authorised Capital - US$100,000.
Bearer shares permitted but they must be held at the registered office.
Annual Requirements
Annual returns are not required
Annual meetings are not required
Audited financial statements are not required
Annual Government filing fee of US$200. Capital duty is US$200 based on an authorised share capital of 1,000 shares at no par value or on $100,000 of par value shares
