JURISDICTION COMPARISON TABLE

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DESCRIPTION

Hong Kong

BVI

Anguilla

Cayman Islands

Marshall Islands

Samoa

Seychelles

Belize

Type of Company

Ltd.

BC

IBC

exempt

IBC

  Int’l

IBC

IBC

Type of Law

British Common Law

British Common Law

British Common Law

British Common Law

British Common Law

British Common Law

British Common Law

British Common Law
Political Stability

Good

Good

Good

Good

Fair

Fair

Good

Good

Confidentiality

No

Yes

Yes

Need to disclose for crime

  Yes

Yes

Yes

Yes

Require “Limited” in company name

Yes

No

No

No

No

No

No

Yes

Chinese Name on Cert. of Incorporation

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Minimum Number of Director/Shareholder

1/1

1/1

1/1

1/1

1/1

1/1

1/1

1/1

Corporate Director

Yes

Yes

Yes

Yes

Yes

Yes

Yes

 Yes
Company Secretary

 Yes

No

No No

Yes

Yes

No

No

Standard Authorized Capital / Shares

HK$

10,000

50,000 shares

US$

1,000,000

US$

50,000

US$

50,000

US$

1,000,000

US$

1,000,000

US$

50,000

Bearer Shares

No

Yes*

Yes*

Yes*

Yes

Yes*

Yes

Yes

Public Disclosure of Directors and Shareholders

Yes

No

No

Need to disclose for crime

  No

No

No

No

Register of Directors to Government Yes No No Yes No No No No
Register of Shareholders to Government Yes No No No No No No No
Register of Directors & Shareholders at Registered Office

Yes

Yes

Yes

Yes

No

Yes

Yes

Yes

Registered Agent License required

No

Yes

Yes

No

Yes

Yes

Yes

Yes

Annual Return

Yes

No

No

Yes

No

No

Yes

No

Audited Accounts

Yes

No

No

No

No

No

No

No

Offshore Profit Tax

No

No

No

No

No

No

No

No

Onshore Profit Tax

Yes

No

No

No

No

No

No

 No
No Tax Guarantee

N/A

N/A

N/A

20 years

N/A

N/A

20 years

N/A

Duration for formation

1 week

2 days

1 day

3 days

2 days

3 days

1 day

3 days

 

NOTE: * Bearer Shares must be kept by Custodian.