Off-Shore Formations

Company Formation Data

*1 – Tax advice should be obtained
*2 – Subject to Custodial provision
*3 – NPV Shares with No Par Value
*4 – Only to Registered Agent
*5 – Small company exemptions possible
CountryType of CompanyChinese name allowedTax by jurisdiction on Offshore ProfitsMinimum number of ShareholdersMinimum number of DirectorsCorporate Directors PermittedBearer Shares AllowedSecretary RequiredStandard Authorised Capital/ShareRegistered Office/Registered AgentCompany SecretaryLocal Director(s)Local MeetingsFile Register of DirectorsFile Register of ShareholdersDisclosure of Beneficial OwnershipAnnual ReturnAudited AccountsIncorporation Fee (USD)Reoccurring Annual Cost Yr2
Renewal Date
AnguillaIBCYesNil11Yesyes*2NoUSD 1mYesNoNoNoNoNoNo*4NoNoUSD 600.00USD 530.001st day of incorporation quarte
BelizeIBCIBCNil11Yesyes*2No USD 50,000YesNoNoNoNoNoNo *4NoNoUSD 650.00USD 600.0002nd January
BVIIBCIBCNil11Yesyes*2No 50,000 sharesYesNoNoNoYesNoNo *4NoNoUSD 750.00USD 640.001st Half: 31-May 2nd Half:30-Nov
Cayman IslandsExemptedYesNil11Yesyes*2NoUSD 50,000YesNoNoNoYesNoNo *4YesNoUSD 2,450.00USD 1,950.0031st January
USA DelawareCorporationNoNil *111YesNoNo1,500 NVP *3YesNoNoNoYesNoNo *4YesNoUSD 1.200.00USD 800.001st March
USA DelawareLLCNoNil*1N/AN/AN/AN/ANoN/AYesNoNoNoN/AN/ANo *4NoNoUSD 1,200.00USD 800.001st January
Hong KongLimitedYesNil11yes + 1 personNoYesN/AYesYesNoNoYesYesNoYesYesUSD 600.00 **USD 600.00 **Anniversary Date
SamoaIBCYesNil11YesNoYesUSD 1mYesNoNoNoNoNoNo*4NoNoUSD 550.00USD 550.0030th November
SeychellesIBCYesNil11YesNoNoUSD 1mYesNoNoNoNoNoNo*4YesNoUSD 550.00USD 450.00Anniversary Date
SingaporePTE LtdNoNil11NoNoYesN/AYesYesYesNoYesYesNoyesYes *5TBATBAAnniversary Date
TaiwanLimitedYesNil11YesN/ANoN/AN/ANoNoNoYesNoNoNoYes *5TBATBAN/A
United KingdomLimitedNoNil11yes + 1 personNoNoN/AN/ANoNoNoYesYesNoYesNoUSD 850.000USD 450.00Anniversary Date
PhilippinesDomesticNoYes
PhilippinesRHQNoN/A
PhilippinesROHQNoN/A
St. LuciaIBC