| Company |
International Business Company (IBC) |
License fee (initial and
annual)
· Capital below $50,000
· Capital above $50,000
· Capital below $50,000 but without par value |
US$300
US$1,000
US$350 |
| Formation/Incorporation fee |
US$500 |
| Annual Returns compliance fee |
US$225 |
| Minimum requirements and/or size |
None |
| Shareholders/Members |
One |
| Directors/Managers |
One |
| Bearer shares for overseas/local investors |
Allowed, but not recommended |
| Submission of annual returns and accounts |
N/A |
| Corporate Directors/Managers |
Permitted |
| Company Secretary |
Not required |
| Local Directors and meetings |
Not required |
| Registered office or agent in the country |
Required |
