| Features |
| Type of Company |
IBC
|
| Political Stability |
Good
|
| Common or Civil Law |
Common
|
| Disclosure of Beneficial Owner |
No
|
| Migration of Domicile Permitted |
Yes
|
| Tax on Offshore Profits |
None
|
| Language/Alphabet of Name |
Roman (English), Chinese, Japanese, etc.
|
| Company Requirements |
| Minimum Number of Shareholders |
One
|
| Minimum Number of Directors |
One
|
| Bearer Shares Allowed |
Yes
|
| Corporate Directors Permitted |
Yes
|
| Company Secretary Required |
No
|
| Standard Authorised Share Capital |
US$ 50,000
|
| Local Requirements |
| Registered Office/Agent |
Yes
|
| Company Secretary |
No
|
| Local Directors |
No
|
| Local Meetings |
No
|
| Government Register of Directors |
No
|
| Government Register of Shareholders |
No
|
| Recurring Requirements (Annual) |
| Annual Return |
No
|
| Submit Accounts |
No
|
|
Recurring Fees
|
| Minimum Annual Tax/Licence Fee |
US$ 700
|
| Annual Return Filing Fee |
N/A
|
