TYPES OF COMPANY:
- International Business Companies (IBCs)
- Limited Liability Company (LLC)
- Common Law Foundations coming soon.
|Capital requirements:||No minimum; No maximum|
|Rate of Taxation:||No corporate taxes on IBCs|
|How long to incorporate:||24 hours or less|
|No. of Directors needed:||Minimum of one. May be foreign or local. Must be a natural Person. |
Details of Directors must be submitted to the Commission for approval.
No change of Directors can be made without approval from the Commission
|Annual meetings:||Annual Directors/Shareholders meetings required|
|Annual returns:||Required for licensed IBCs.|
BANK ACCOUNT OPENING