Location
Located 60 miles east of mid America at the Caribbean Sea which composed by about 40 islands of reef rock
Population
About 22,000 (Most of them are living in its capital Road Town.)
Language
English
Legal System
International Business Law
Time Required
5 working days for a shelf company
20 working days for a new company
Advantages
1. Able to add Chinese Name (Optional, additional charge for registration is required: 1,000-)
2. Secure the privacy of personal details of the Director and Shareholder with greatest confidentiality
3. Do not require Company Secretary
4. Convenience on transfer of Shares (No stamp duty/restriction)
5. Able to open a bank account in Hong Kong
6. Do not require submitting Annual Return
7. Not required to submit the company accounts annually
8. Tax exemption for offshore business
Formation Requirement
1. 1 Director
2. 1 Shareholder (no restriction on the nationality; Shareholder can also be appointed as Director)
3. No restriction on the Share currency (e.g. USD / HKD / RMB etc.)
4. Standard issued Share is 50,000 shares
5. Increase of Share, additional registration fee is required
(During the process of registration is 7,000-
After the process of registration is 10,000- )
Documentation
1. Registration documentations
2. Company Incorporation Certificate (C.I.)
3. Memorandum & Articles (M&A)
4. Share Certificate
5. 1 piece of Pre-stamp Chop
6. 1 piece of Common Seal
7. 1 Legal Company Statutory Record of shareholders, directors and secretary
Renewal service
1. License fee should be paid annually to ensure the legal status of the company.
2. Incorporated between January - June, renewal in April of the subsequent year
3. Incorporated between July - December, renewal in October of the subsequent year
4. Confirm and update company registration information
5. Issue annual inspection certificate and ensure its legitimacy |
