Comparison chart

Updated time: Jul 8, 2015 , 10:30 (UTC+08:00)

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  • NPV= Share of No Par Value
  • OCC: Offshore Company Corp
Jurisdictions BVI Anguilla Cayman Islands Delaware Hong Kong Mauritius Samoa Seychelles Singapore RAK (UAE) UK Bahamas Belize Panama
OCC's rating ***** ***** ***** ***** ***** ***** ***** ***** ***** **** **** *** ***** ***
Basic Information                
Political Stability Good Good Good Good Good Good Good Good Good Good Good Good Good Fair
British Based Legal System Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes No
Type of Company BC IBC Exempted Corporation LLC LTD GBC1 GBC2 Long Life companies available IBC Pte Ltd IBC Pte Ltd IBC IBC Corporation
Migration of Domicile Permitted Yes Yes Yes Yes Yes No Yes Yes Yes Yes No Yes Yes Yes Yes Yes
Tax by Jurisdiction on Offshore Profits Nil Nil Nil Nil Nil Nil 15% Nil Nil Nil Nil Nil Nil Nil Nil Nil
Corporate Requirements                
Minimum Number of Shareholders 1 1 1 1 N/A 1 1 1 1 1 1 1 1 1 1 1
Minimum Number of Directors 1 1 1 1 N/A 1 2 1 1 1 1 1 1 1 1 3
Corporate Directors permitted Yes yes Yes No N/A Yes No Yes Yes Yes No Yes Yes Yes Yes Yes
Secretary required No No No Yes No Yes Yes No Yes No Yes Yes No No No Yes
Standard Authorised Capital/ Shares 50,000 Shares US $1M US $ 50,000 1,500NPV N/A N/A N/A N/A US$1M US$1M N/A N/A N/A US $50,000 US$50,000 500NPV
Bearer Shares Permitted Yes Yes Yes No N/A No No No No No No Yes No No Yes Yes
Local Requirements                
Registered Office/ Registered Agent Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Company Secretary No No No No No Yes Yes No No No Yes No No No No No
Local Directors No No No No N/A No Yes No No No Yes No No No No No
Local Meetings No No No No No No Yes No No No No No No No No No
Due Diligence/ Disclosure                
Due Diligence Required Yes Yes Yes Yes Yes No Yes Yes Yes Yes No Yes Yes Yes Yes Yes
Disclosure of Beneficial Owner on Public File No No No No No No No No No No No No No No No No
Government Filing of Register of Directors Optional Optional Yes Yes N/A Yes Yes Yes Optional No Yes Yes Yes Yes No Yes
Government Filing of Register of Shareholders Optional Optional No No N/A Yes Yes Yes Optional No Yes Yes Yes No No No
Annual Requirements
 
Annual return No No Yes Yes No Yes No No No Yes Yes No Yes No No No
Audited Accounts No No No No No Yes Yes No No No Yers No No No No No
              
Shelf Companies Available at OCC Yes Yes Yes - - - - - yes Yes Yes - - - Yes -
Days to Incorporate Companies on Request (Approx)                
English name 2 1 7 2 2 0.5 16 7 1 2 2 2 2 8 1 10

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