Major offshore jurisdictions:
FEATURES OF THE BVI ( British Virgin Islands )
- One of the largest incorporators of offshore companies worldwide. BVI legislation is recognized around the world.
- Low formation and annual maintenance fees.
- Minimal ongoing compliance requirements.
- BVI Authorities do not impose tax on profits.
- Different classes of shares can be issued.
- Minimum requirement of one shareholder.
- Minimum requirement of one director.
- No obligation to appoint a company secretary.
- No information required by the BVI Authorities prior to incorporation.
- Shareholder and director details are not listed in any public register in the BVI and are not given to the BVI Authorities.
- No requirement to file annual accounts or tax returns in the BVI.
FEATURES OF CAYMAN
- Exempt companies, ordinary non-resident, ordinary resident, limited duration companies, limited liability companies, guarantee companies, no par value companies, segregated portfolio companies, partnerships, funds, and trusts.
- Leading offshore, financial, and banking centre.
- Modern company law.
- Companies can be incorporated in 1 - 2 days.
- Different classes of shares can be issued.
- Minimum requirement of one shareholder.
- Nominee shareholders can be provided.
- Minimum requirement of one director.
- Corporate directors are allowed.
- Accounts do not need to be filed.
- No requirement to appoint an Auditor.
FEATURES OF THE SEYCHELLES
- Low formation and annual maintenance fees.
- Minimal ongoing compliance requirements.
- Seychelles Authorities do not impose tax on profits.
- Different classes of shares can be issued.
- Minimum requirement of one shareholder.
- Minimum requirement of one director.
- No obligation to appoint a company secretary.
- Shareholder and director details are not listed in any public register in the Seychelles , and are not given to the Seychelles Authorities.
- No requirement to file annual accounts or tax returns in the Seychelles.
Please contact a Commit executive for more details
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