Jurisdictions

Jurisdictions

WORLD TIME


Whilst we are, through our connections, able to arrange company formations in many parts of the world, we concentrate on following jurisdictions. Please feel free to ask for a quote for other jurisdictions like:  Belize, Bermuda, Cayman Islands,Isle of Man, Jersey, Guernsey, Liberia, Liechtenstein, Mauritius, Netherlands Antilles,  Panama, Turks&Caicos Islands,Cyprus, Luxembourg, Malta, Madeira, Slovakia, Switzerland etc.

Comparison Table

General

Bahamas

B.V.I

Delaware

Dominica

Gibraltar

Seychelles

St.V&G

U.K.

Wyoming

Type of Company

I.B.C.

I.B.C.

L.L.C.

I.B.C.

Non Res.

I.B.C.

I.B.C.

LTD.

L.L.C.

Incorporation Time

1 Day

2 Days

2 Days

1 Day

3-5 Days

1 Day

1 Day

2 Weeks

1 Day

Common Law Legal System

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Public Disclosure of 
Director/Shareholders

No

No

No

No

Yes

No

No

Yes

No

Tax on Offshore Profits

Nil

Nil

Yes/No*

No

Nil

Nil

Nil

Yes*

Yes/No*

Privacy of Banking Information

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

 

 

 

 

 

 

 

 

 

 

Corporate Requirements

 

 

 

 

 

 

 

 

 

Min No. of Shareholders/Members

1

1

2

1

1

1

1

1

2

Min No. of Directors/Managers

1

1

1

1

1

1

1

1

1

Bearer Shares  Allowed

Yes

Yes

No

Yes

No

Yes

Yes

No

No

Corporate Directors Permitted

Yes

Yes

No

Yes

Yes

Yes

Yes

No

No

Corporate Seal

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Standard Authorized  Capital

US$ 5,000

US$ 50,000

N/A

US$ 5,000

GBP 2,000

US$ 5,000

US$ 10,000

GBP 2,000

US$ 25,000

Name Ending Restrictions

Yes

Yes

Yes

No

Yes

Yes

Yes

Yes

No

 

 

 

 

 

 

 

 

 

 

Local Requirements

 

 

 

 

 

 

 

 

 

Registered Office/Agent

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Company Secretary

No

No

Yes

No

Yes

No

Yes

Yes

No

Local Directors

No

No

No

No

No

No

No

No

No

Local Meetings

No

No

No

No

No

No

No

No

No

Government Register of Directors

No

No

Yes

No

Yes

No

No

Yes

Yes

Government Register of Shareholders

No

No

No

No

Yes

No

No

No

No

 

 

 

 

 

 

 

 

 

 

Annual Requirements

 

 

 

 

 

 

 

 

 

Annual Return

No

No

No

No

Yes

No

No

Yes

No

Annual Audited Accounts

No

No

No

No

Yes

No

No

Yes

No

 

 

 

 

 

 

 

 

 

 

Incorporation Cost (US$)

 

 

 

 

 

 

 

 

 

Total Cost 1st Year 

1,490.00

1,490.00

890.00

890,00

1,190.00

890.00

1,590.00

650,00

890.00

Subsequent Year Cost

690.00

650.00

490.00

490,00

550.00

490.00

980.00

470.00*

490.00

No* - If Members are  non resident or aliens. For the explanation click the jurisdiction.
Yes* - But it could be minimized under special arrangements, click the jurisdiction.
470.00* - plus book keeping and company's tax.

Note: Although every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice therefore we recommend you seek professional advice before purchasing a company. We do not accept any responsibility, legal or otherwise, for any errors, inaccuracy or omissions in the above

Copyright ? 2004 G&G Group of Companies. All Rights Reserved by G&G Group of Companies.