| GENERAL |
|
|
|
|
|
|
|
| OFFSHORE RATING |
|
|
|
|
|
|
|
| TYPE OF COMPANY |
IBC |
LTD |
IBC |
IBC |
IBC |
Exempted |
Ltd |
| INFRASTRUCTURE |
|
|
|
|
|
|
|
| » Political Stability |
Good |
Fair |
Yes |
Good |
Good |
Good |
Good |
| » British Based Legal System |
Yes |
No |
Yes |
Yes |
Yes |
Yes |
Yes |
| » Beneficial Owner of Public Access |
No |
No |
No |
No |
No |
No |
No |
| » Migration of Domicile Permitted |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
| » Tax on Offshore Profits |
Nil |
Nil |
Nil |
3% or RM20 |
10% |
Nil |
Nil |
| Chinese Names on C.O.I. |
No |
Yes |
Yes |
No |
No |
Yes |
Yes |
| CORPORATE & LOCAL REQUIREMENTS |
|
|
|
|
|
|
|
| » Standard Authorized Capital |
US$
50,000 |
500
NPV |
US$
50,000 |
US$
10,000 |
CYP
1,000 |
US$
5,000 |
US$
100,000 |
| » Bearer Shares Common |
Yes |
Yes |
No |
No |
No |
Yes |
Yes |
| » Number of Shareholder(s) (minimum) |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
» Number of Director(s) (minimum) |
1 |
3 |
1 |
1 |
1 |
1 |
1 |
| » Corporate Directors Permitted |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
| » Secretary Required |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
| » Meetings held Locally |
No |
No |
No |
No |
No |
No |
No |
| » Government Filling of Directors & Shareholders |
No |
Yes |
Yes |
Yes |
Yes |
No |
No |
| » Registered Office / Registered Agent |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
| GOVERNMENT ANNUAL FILING |
|
|
|
|
|
|
|
| » Annual Return |
No |
No |
Yes |
No |
Yes |
Yes |
No |
| » Audited Accounts |
No |
No |
Yes |
Optional |
Yes |
No |
No |
| » Tax Filling |
No |
No |
No |
No |
No |
No |
No |
| TIME TO INCORPORATE |
5-7 days |
5-7 days |
5-7 days |
5-10 days |
5-7 days |
5-7 days |
5-7 days |
Warning: mysql_connect() [function.mysql-connect]: Access denied for user 'pbcorp_admin'@'localhost' (using password: YES) in /home/pbcorp/public_html/offshore2.php on line 354
Could not establish connection