| General
Information |
|
| Company
Law |
International
Companies Act of 1987, as amended |
| Type
of Company |
International |
| Language
of Legislation and Corporate Documents |
English |
| Taxation
of Foreign Profits |
Nil |
| Exchange
Controls |
None |
| Length
of Time to Incorporate |
1
working day |
| Shelf
Companies Available |
Yes |
| Corporate
Names |
|
| Name
Restrictions |
Names
identical, similar or offensive words |
| Endings
and Abbreviations Required |
None |
| Length
of Time to Verify Name Availability |
1
hour |
| Reservation
of Names Permitted |
No |
| Language
of Name |
English
and Chinese |
| Name
of Banks, Insurance, Investment Fund, Trust Company or their equivalents
requiring consent or license |
|
| Capital
and Shareholders |
|
| Minimum
Number of Shareholders |
One |
| Local
Shareholders Required |
No |
| Corporate
Shareholders Permitted |
No |
| Disclosure
of Shareholders |
No |
| Minimum
Authorised Capital Required |
No
requirements |
| Bearer
Shares Permitted |
Yes |
| Registered
Shares Permitted |
Yes |
| No
Par Value Shares Permitted |
Yes |
| Directors
and Officers |
|
| Minimum
Number of Directors |
One |
| Qualifications
of Directors |
Legal
age |
| Officers
Required |
Company
Secretary |
| Corporate
Directors/Officers Permitted |
Yes |
| Local
Directors/Officers Permitted |
No |
| Appointment
of Subsequent Directors/Officers |
Memorandum
and Articles of Incorporation |
| Meetings |
|
| Annual
General Meeting of Shareholders Required |
No |
| Annual
General Meeting of Directors Required |
No |
| Location
of Directors and Shareholders Meetings |
Anywhere |
| Adoption
by Consent Permitted |
Yes |
| Quorum
required for purposes of meetings |
Memorandum
and Articles of Incorporation |
| Local
Requirements |
|
| Qualified
Registered Office/Agent |
Yes/Yes |
| Government
Register of Shareholders |
|
| Government
Register of Directors/Officers |
|
| Government
Register of Charges |
|
| Register
of Directors/Officers to be kept at Registered Office |
No |
| Company
Seal Required |
Yes |
| Copy
of Minutes to be kept at Registered Office |
|
| Copy
of Share Register to be kept at Registered Office |
Yes |
| Annual
Requirements |
|
| Minimum
Annual License Fee or Franchise Tax |
$300 |
| Annual
License Fee or Franchise Tax Due Date |
November
30 |
| Applicable
Surcharges |
|
| Requirement
to File Annual Returns |
No |
| Requirement
to Submit Annual Audited Accounts |
No |
| Other
Relevant Information |
|
| Member
of Apostille of the Hague Convention |
|
| Increase
or Reduction of Capital |
Shareholder’s
resolution |
| Redomiciliation
Prohibited |
|
| Reinstatement
at Registry |
|
| Removal
from Registry |
|
