TYPES OF COMPANY:
- International Business Companies (IBCs)
- Limited Liability Companies (LLCs)
- Limited Partnerships (LP)
- Companies Special License (CSL)
# | Title |
---|---|
Capital requirements: | None |
Annual fees: | $ Ask us |
Rate of Taxation: | IBCs – tax exempt; CSL- 1.5% on global income |
How long to incorporate: | IBCs – 24 hours: CSL – 5 business days |
No. of Directors needed: | IBCs – one; CSLs – two Secretary required for CSL but not IBC. Resident director required for CSL |
Disclosure required: | ID on beneficial owners and officers required. Information may be shared |
Annual meetings: | May be held by telephone or video and in or out of state. First annual meeting for CSLs must be within 18 months of incorporation and no more than 15 months between subsequent meetings. |
Exchange controls: | None |
ADDITIONAL SERVICES
BANK ACCOUNT OPENING
Name | Price |
---|---|
Caribbean | $500 |
Europe | $800 |
Hong Kong | $1,000 |