| GENERAL |
|
|
| Type of Company |
International
|
Offshore
|
| Political Stability |
Good
|
| Common or Civil Law |
Hybrid
|
| Disclosure of Beneficial Owner |
No
|
Yes
|
| Migration of Domicile Permitted |
Yes
|
Yes
|
| Tax on Offshore Profits |
No
|
Varies
|
| Language of Name |
Latin and other alphabets
|
| CORPORATE REQUIREMENTS |
|
| Minimum Number of Shareholders |
One
|
Two
|
| Minimum Number of Directors |
One
|
Two
|
| Bearer Shares Allowed |
No
|
No
|
| Corporate Directors Permitted |
Yes
|
No
|
| Company Secretary Required |
Optional
|
Yes
|
| Standard Authorized Share Capital |
US$100,000
|
US$100,000
|
LOCAL REQUIREMENTS |
|
| Registered Office / Agent |
Yes
|
Yes
|
| Company Secretary |
No
|
Yes
|
| Local Directors |
No
|
No
(but required for treaty access)
|
| Local Meetings |
No
|
No
(but required for treaty access)
|
| Government Register of Directors |
No
|
Yes
|
| Government Register of Shareholders |
No
|
Yes
|
ANNUAL REQUIREMENTS |
|
| Annual Return |
No
|
No
|
| Submit Accounts |
No
|
Yes
|
RECURRING GOVERNMENT COSTS |
|
| Minimum Annual Tax / License Fee |
US$ 100
|
US$ 1,500
|
| Annual Return Filing Fee |
N / A
|
N / A
|