TYPES OF COMPANY:
- Non resident exempt companies (NBCO)s
- Limited Liability Companies (LLCs)
- Common law foundations
- Civil law foundations
| # | Title |
|---|---|
| Capital requirements: | None |
| Annual fees: | $850 |
| Rate of Taxation: | No corporate taxes on foreign companies |
| How long to incorporate: | One hour |
| No. of Directors needed: | Minimum of one director for NBCO when there is one shareholder. Every NBCO must have one president, secretary and treasurer, or general manager and secretary. Director may be a corporation. One member for LLCs. Shadow directors not recognized |
| Disclosure required: | No |
| Annual meetings: | Meetings for directors and shareholders required for NBCOs. No minutes of meeting, annual returns or accounts required |
| Exchange controls: | None |
ADDITIONAL SERVICES
| Name | Price |
|---|---|
| Courier | $100 |
BANK ACCOUNT OPENING
| Name | Price |
|---|---|
| Caribbean | $500 |
| Europe | $800 |
| Hong Kong | $1,000 |