Offshore company formation

Preferred jurisdictions

Offshore jurisdictions in alphabetical order »
Flag Jurisdiction Formation fees Fee for Registered Office and Registered Agent Annual Tax and Duties Details
The Bahamas 980 USD 890 USD 350 USD
The Bahamas

In 1999, the Bahamas became just about the first jurisdiction to satisfy the OECD’s requirements on transparency when they ended the possibility to issue “bearer” shares and also made the details of directors available on the public company registry. For the last 10 years or more the Bahamas have constantly been one of the most stable financial centres in the offshore world. They currently receive undeservedly little attention, despite being one of the most stable jurisdictions for company formation.
The Bahamas
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscribers. The subscribers must be local persons licensed for the purpose. The minimum number of subscribers is 2.
Company form: International Business Company (I.B.C.).
Source of corporate legislation: Common Law - International Business Companies Act, 1989., amended 2000
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., S.A., Corp., Corporation.
Restrictions on company name: The terms Bank, Insurance, Chamber of Commerce, University, Trust, Saving Municipal may not appear in the company name without prior consent or license.
Time required for incorporation: 2-3 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: No minimum
Accounting / reporting requirements: Not applicable.
Type of shares: Registered
Annual tax and duties: Minimum 350 USD if the authorized capital less than 50 000 USD
Information publicly available: Registered office and registered agent, directors, shareholders.
Disclosure of beneficiaries: Required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Bahamian IBCs are not subject to DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 380 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 110 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 980 USD
ANNUAL FEES*
Registered office and registered agent: 890 USD
Annual tax and duties: 350 USD
Subtotal: 1240 USD
Total: 2220 USD


*The annual fees for the first calendar year of existence of the company are payable in full prior to registration, regardless of the actual date of formation of the company. The amount of 1240 USD, therefore, must be paid both by a company registered in January and also by a company registered in December, and in both cases the amount includes only the annual fees for the calendar year in which the company was formed. Subsequently, the amount of 1240 USD is payable annually, beginning from January 1 of the year following the year in which the company was formed. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 2220 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for 1 year, annual tax for the 1st year, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 290 USD
Power of Attorney with Notarial Certification: 390 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD

 LAVECO Ltd. is pleased to offer its clients shelf companies in the Bahamas which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Formation fees including annual fees for the first year.
Ready made Bahamian company with nominee director and notarised Power of Attorney:

3590 USD
Fees payable from the second year.
Annual tax and duties, registered office and registered agent, nominee director and notarised Power of Attorney:

2610 USD


Belize - IBC 590 USD 780 USD 100 USD
Belize - IBC

This little known small country in Central America offers truly excellent opportunities for the formation of IBC-type companies. Thanks to more than two decades of stability it is one of the most popular jurisdictions, among LAVECO clients, too.
Special offerBelize
IBC
SPECIAL OFFER: Belize
Status Parliamentary democracy
Area, sq.km: 22,966
Population: 333,200 
Capital: Belmopan
Business language: English
Currency: Belize dollar (BZD)
Location: on the Caribbean coast of northern Central America
Map
Time zone: GMT -7

 

INCORPORATION DATASHEET

Method of incorporation / registration:

The Memorandum and Articles of Association must be signed by the subscriber. The subscriber must be a local person licensed for the purpose.
Company legal form: Private Limited Company by shares
Company status: International Business Company (I.B.C.).
Source of corporate legislation: Common Law - International Business Companies Act, 1990.
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., S.A., Corp., Corporation.
Restrictions on company name: The terms Bank, Imperial, Insurance, Chamber of Commerce, Trust, Trustee and Royal may not appear in the company name.
Time required for incorporation: 2-3 weeks.
Number of directors: Minimum 1 of any nationality.
Number of shareholders: Minimum 1.
Capitalisation: No minimum.
Accounting / reporting requirements: Not applicable.
Type of shares: Bearer and registered. Bearer share certificates must be kept by the registered agent in Belize.
Annual tax and duties: Minimum 100 USD if the authorized capital is less than 50 000 USD
Information publicly available: Registered office and registered agent.
Disclosure of beneficiaries: Not required.
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Belizean IBCs are not subject to DTTs.

 

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 100 USD
Notarial certification: 100 USD
International authentication (Apostille): 110 USD
Legal expenses, filing fees and stamp duties: 100 USD
Issuing of share certificates and initial minutes and forms: 80 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 590 USD

 

ANNUAL FEES
Registered office and registered agent: 780 USD
Annual tax and duties: 100 USD
Subtotal: 880 USD
Total:

1470 USD

special offer - offshore company registration on the Belize


* The annual fees for the first year are payable at the time of incorporation, and include the tax and registered agent fees for the calendar year in which the company is incorporated.
The amount of 880 USD, payable annually, is due in the year following incorporation as follows:

  • for companies incorporated between January and July, by the first day of the month preceding the month of incorporation, but by July 1st at the latest
  • for companies incorporated between August and December, by July 1st of the subject year.

Failure to pay the annual fees will result in the company being struck off the register of companies.

The amount of 1470 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for 1 year, annual tax for the 1st year, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee director (private person): 590 USD
Nominee shareholder: 290 USD
Certificate of Incumbency: 330 USD
Power of Attorney with Notarial Certification: 290 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD


LAVECO Ltd. is pleased to offer its clients shelf companies in Belize which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Ready-made company in Belize with nominee director and shareholder, certified power of attorney, incorporation fees and annual fees for the calendar year in which the company is incorporated:

2800 USD

Special offer on SHELF Offshore COMPANIES Belize

Fees payable from the second year.
Annual tax and duties, registered office and registered agent, nominee director and shareholder and notarised Power of Attorney:
2050 USD

 

Special offer: SeychellesSPECIAL OFFER

LAVECO Ltd. is pleased to offer its clients this
UNBEATABLE DISCOUNT

“The cheapest offshore company - BELIZE”



COMPANY FROM BELIZE
with an exceptional discount!

The price is just 1470 USD:

special offer - offshore company registration on the Belize

Formation of the company in Belize includes the following services:

  • Formation of the company,
  • Duties payable to the local authorities for the registration of the company,
  • Registration-related administration,
  • Provision of registered office for the calendar year in which the company is incorporated,
  • Provision of registered agent for the calendar year in which the company is incorporated,
  • annual tax for the 1st year
  • Delivery of the company documents to the relevant office of the LAVECO Group
  • Handmade luxury leather corporate kit containing the following documents:
    • Certificate of Incorporation,
    • Memorandum & Articles of Association,
    • Appointment of First Directors,
    • Bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification,
    • Share certificate(s),
    • Minutes of directors’ and shareholders’ meetings,
    • Registers of directors and shareholders,
    • Company seal and company stamp.

So, for 1 250 USD  you get a company from Belize, with its fees for the first calendar year fully paid.

THIS OFFER IS AVAILABLE UNTIL DECEMBER 31ST 2013!

Fees payable from the second year are 880 USD, including:

  • Registered office,
  • Registered agent,
  • Annual tax and duties.

 

AND THIS MIGHT PROVE EVEN MORE ATTRACTIVE:

Special offer on SHELF COMPANIES:

Shelf company in Belize, including: incorporation and annual fees for the calendar year in which the company is incorporated, nominee director and shareholder, and a certified power of attorney with Apostille.

The price is just 2 510 USD

Special offer on SHELF Offshore COMPANIES Belize

THIS OFFER IS AVAILABLE UNTIL DECEMBER 31ST 2013!

 Fees payable from the second year are 2050 USD, including:

  • Annual tax and duties,
  • Registered office and agent,
  • Nominee director,
  • Nominee shareholder,
  • A power of attorney with Apostille

Special offerSee also:
- Special offer: Hong Kong
- Special offer: The Seychelles
- Special offer: Cyprus

Hong Kong 634 USD 990 USD 416 USD
Hong Kong

The success of Hong Kong in the international company world has remained unbroken since being returned to communist China. The Chinese leaders wisely left the English system unchanged, and have not allowed others to have a say in the operation of the city state either. Hong Kong is a leader in the number of companies formed, not only in the region, but also at the world level. More and more LAVECO clients who wish to arrange their affairs for the long term are choosing Hong Kong, even if it appears to be more expensive. One of the major ingredients of success is the fact that income from outside the territory is not subject to tax in Hong Kong, with only locally-sourced profits being taxed at 16%.
Special offerHong Kong
INCORPORATION DATASHEET
SPECIAL OFFER: Hong Kong
Method of incorporation / registration: Companies are incorporated by the subscribers.
Company legal form: Private Limited Company by shares
Company status: Resident Company
Source of corporate legislation: The Companies Ordinance
Possible suffixes to company name: All names must end in Limited
Restrictions on company name: The terms Royal, Bank, Government etc. may not appear in the company name
Time required for incorporation:  Min. 6 weeks.
Number of directors: Min. 1
Number of shareholders: Min. 1
Capitalisation: Min. 1 HK$, there is no maximum restriction on the share capital.
Accounting / reporting requirements: Yes. Audited accounts are required
Type of shares: Registered
Annual tax and duties: 416 USD
Information publicly available: Registered office, company secretary, Memorandum & Articles of Association, directors, annual return, shareholders
Disclosure of beneficiaries: Not required.
Registered office: Local registered office is required by law.
Registered secretary / agent: Resident secretary is required by law
Double tax treaty: Hong Kong has DTTs with mainland China and a number of countries for shipping and aviation

 

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 239 USD
International authentication: 160 USD
Legal expenses, filing fees and stamp duties: 50 USD
Issuing of share certificates and initial minutes and forms: 50 USD
Corporate seal: 50 USD
Courier fees: 85 USD
Subtotal: 634 USD
ANNUAL FEES *
Registered office and local company secretary: 990 USD
Annual tax and duties: 416 USD
Negative audit tax return + filing fee 480 USD
Subtotal: 1886 USD
Total: 2520 USD

* The annual fees for the first year of existence of the company are payable prior to registration. Subsequently the amount of 1886 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 2520 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and local company secretary for 1 year, fixed annual tax and duty for the 1st year, preparation and filing of a negative tax return, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: 2 x Certificate of Incorporation, 3 x Memorandum & Articles of Association, Appointment of First Directors, Minutes of the meeting of directors founding the company, bound copy of the 4 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (nominee directors provided by LAVECO Ltd.) 590 USD
Nominee Director (local nominee directors provided by our partner in Hong Kong) 590 USD
Nominee Shareholder: 290 USD
Certificate of Incumbency 430 USD
Power of Attorney with Apostille certification (nominee directors provided by LAVECO Ltd.) 390 USD
Power of Attorney with Apostille certification (local nominee directors provided by our partner in Hong Kong)  590 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD


LAVECO LTD. is pleased to offer its clients shelf companies in Hong Kong, which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Formation fees including annual fees for the first year 
Ready made Hong Kong company with nominee shareholder, nominee director and notarised Power of Attorney

with Laveco directors 3790 USD
with Hong Kong directors 3990 USD
Fees payable from the second year Registered office and registered agent, nominee shareholder, nominee director and notarised Power of Attorney with Laveco directors 3156 USD
with Hong Kong directors 3356 USD

 

Special offer
SPECIAL OFFER

LAVECO Ltd. is pleased to offer its clients
companies in Hong Kong
at extremely attractive rates!

 

Hong Kong company with nominee directors and shareholders from Hong Kong

3 990 USD
Special offer: Hong Kong

Hong Kong company with nominee directors and shareholders provided by LAVECO

3 790 USD
Special offer: Hong Kong

 

Formation of the company includes the following services:

 

  • Registration of the company
  • Duties payable to the local authorities for the registration of the company
  • Registration-related administration
  • Payment of fixed annual tax and duty for the 1st year
  • Preparation and filing of a negative tax return
  • Delivery of the company documents to the relevant office of the LAVECO Group
  • Registered Office for 1 year
  • Registered Secretary for 1 year
  • Nominee director for 1 year
  • Nominee shareholder for 1 year
  • Hand-made natural leather company kit containing:
    • 2 x Certificate of Incorporation,
    • 3 x Memorandum and Articles of Association,
    • Minutes of the meeting of directors founding the company,
    • Resolution regarding the appointment of the first directors,
    • Bound copy of the 4 documents mentioned above with notary public and international (Apostille) certification,
    • Minutes of directors' and shareholders' meetings,
    • Share certificate(s),
    • Registers of directors and shareholders,
    • General Power of Attorney with international (Apostille) authentication
    • Company Seal and Company Stamp

 


Annual fees payable from the second year:

Annual fees for Hong Kong company with nominee directors and shareholders from Hong Kong, payable from the 2nd year

3 356 USD

Annual fees for Hong Kong company with nominee directors and shareholders provided by LAVECO, payable from the 2nd year

 3 156 USD

 Annual fees payable from the second year include:

  • Registered office
  • Registered secretary
  • Fixed annual tax and duty
  • Preparation and filing of a negative tax return
  • Nominee director
  • Nominee shareholder
  • General Power of Attorney with international (Apostille) authentication

 Special offerSee also:
- Special offer: Cyprus
- Special offer: Belize
- Special offer: The Seychelles

Marshall Islands 995 USD 995 USD 0 USD
Marshall Islands

Having faithfully copied the Delaware corporate legislation, the island republic in the Pacific has justifiably gained popularity among LAVECO clients. Keys to its success include simplicity and the low incorporation and annual fees.
Marshall Islands
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscribers. The subscriber must be a local person licensed for the purpose
Company legal form: Private Limited Company by shares
Company status: Exempt
Source of corporate legislation: Marshall Islands Associations Law of 1990
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., Company.
Restrictions on company name: The terms Bank, Imperial, Insurance, Trust, Trustee, Chamber of Commerce and Royal may not appear in the company name.
Time required for incorporation: 2-3 weeks **
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1.
Capitalisation: No minimum.
Accounting / reporting requirements: Not applicable
Type of shares: Bearer or registered.
Annual tax and duties: No annual tax or duties
Information publicly available: Registered office and registered agent.
Disclosure of beneficiaries: Not required.
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-Resident Corporations are not subject to DTTs.

 

COMPULSORY COSTS (payable prior to registration)

 

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 115 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 995 USD
ANNUAL FEES*
Registered office and registered agent: 995 USD
Annual tax and duties: 0 USD
Subtotal: 995 USD
Total: 1990 USD


* The annual fees for the first year of existence of the company are payable prior to registration. Subsequently the amount of 995 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1990 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office and registered agent for 1 year, annual tax for the 1st year, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Memorandum & Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, share certificates, initial forms and minutes, and 2 company seals. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Shareholder: 290 USD
Certificate of Incumbency 330 USD
Power of Attorney with Notarial Certification: 390 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD


LAVECO LTD. is pleased to offer its clients shelf companies in the Marshall Islands, which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE
Formation fees including annual fees for the first year
Ready made Marshall Islands company with nominee director and notarised Power of Attorney
3070 USD
Fees payable from the second year
Registered office and registered agent , nominee director and notarised Power of Attorney
2075 USD


** In the Marshall Islands it is possible to order "express" company incorporation. The surcharge for express incorporation is 500 USD, and the process takes 72 hours.

Panama 890 USD 750 USD 300 USD
Panama

The leading company formation jurisdiction in Central America. Since the 1920s companies registered here have only had to pay tax on income generated in Panama. Companies registered in Panama are primarily popular in Latin America due to the physical proximity and use of the Spanish language.
Panama
INCORPORATION DATASHEET
Method of incorporation / registration: The Subscribers incorporate the company and nominate the directors
Company form: Private Limited Company by shares
Company status: Resident company
Source of corporate legislation: Civil Law, Law Number 32 of 1927 on Corporations and others
Possible suffixes to company name: All names must end with: S.A., Inc., Corp.
Restrictions on company name: A special licence is needed if the words Finance, Trust or Insurance appear in the company name. The terms Ltd. and Limited may not appear in the company name.
Time required for incorporation: 5-6 weeks
Number of directors: 3 of any nationality
Number of shareholders: Minimum 1
Capitalisation: There are no restrictions on the share capital.
Accounting / reporting requirements: Panamanian companies are not required to keep accounts
Type of shares: Bearer or registered
Annual tax and duties: 300 USD 
Information publicly available: Registered office, registered agent, Memorandum & Articles of Association, directors
Disclosure of beneficiaries: The identity of the beneficial owners does not have to be disclosed
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Panamanian companies are not subject to Double Tax treaties

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 500 USD
Notarial certification: 95 USD
International authentication (Apostille): 95 USD
Legal expenses, filing fees and stamp duties: 50 USD
Issuing of share certificates and initial minutes and forms: 50 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 890 USD
ANNUAL FEES*
Registered office and registered agent: 750 USD
Annual tax and duties: 300 USD
Subtotal: 1050 USD
Total: 1940 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of  1050 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1940 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (3 private persons): 790 USD
Nominee Shareholder: 295 USD
Power of Attorney with Notarial Certification: 490 USD
Notarial Certification or Apostille: 250 USD
Extract from the Public Registry: 495 USD
Seychelles - IBC 790 USD 780 USD 100 USD
Seychelles - IBC

One of the success stories of the last decade in the international company industry is undoubtedly the Seychelles. The reason our clients choose the Seychelles is that the islands offer a simple and financially efficient solution, particularly in the case of the establishment of holding companies.
Special offer: SeychellesSeychelles - IBC
INCORPORATION DATASHEET
SPECIAL OFFER: Seychelles
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscriber. The subscriber must be a local person licensed for the purpose. 
Company form: Private Limited Company by shares 
Company status: International Business Company (I.B.C.).
Source of corporate legislation: International Business Companies Act, 1994.
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., S.A., Corp., Corporation.
Restrictions on company name: The terms Bank, Imperial, Insurance, Chamber of Commerce, Trust, Royal and Municipal may not appear in the company name.
Time required for incorporation: 2-3 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: No minimum requirements
Accounting / reporting requirements: Accounts not required, but documents of transactions must be kept
Type of shares: Bearer or registered
Annual tax and duties: 100 USD 
Information publicly available: Registered office and registered agent.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Seychelles IBCs are not subject to DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 200 USD
Notarial certification: 200 USD
International authentication (Apostille): 110 USD
Legal expenses, filing fees and stamp duties: 100 USD
Issuing of share certificates and initial minutes and forms: 80 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 790 USD
ANNUAL FEES*
Registered office and registered agent: 780 USD
Annual tax and duties: 100 USD
Subtotal: 880 USD
Total:

1670 USD

Special offer - Offshore company in Seychelles

 


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 880 USD  is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1670 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for 1 year, annual tax for the 1styear, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 590 USD
Nominee Shareholder: 290 USD
Certificate of Incumbency if the Agent is LAVECO: 130 USD 
Certificate of Incumbency if the Agent is other than LAVECO: 330 USD
Power of Attorney with Notarial Certification: 290 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD
Annual data administration and processing fees 
 Data administration fee  195 USD
 Data processing fee 
 Category I: dormant
(no transactions)
 100 USD (25 USD / quarter year)
 Category II: small company
(1 - 25 transactions/ year)
 200 USD (50 USD / quarter year)
 Category III: middle-sized company
(26 -75 transactions/ year)
 400 USD (100 USD / quarter year)
 Category IV: big company 
(76 - 150 transactions / year)
 600 USD (150 USD / quarter year)


LAVECO Ltd. is pleased to offer its clients shelf companies in the Seychelles, which are available at the same price. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Formation fees including annual fees for the first year. Ready made Seychelles company with nominee director and notarised Power of Attorney:

2550 USD

Special offer - offshore shelfcompany in Seychelles

 

Fees payable from the second year. Annual tax and duties, registered office and registered agent, nominee director and notarised Power of Attorney: 1760 USD

 

Special offer: Seychelles
SPECIAL OFFER

LAVECO Ltd. is pleased to offer
its clients this

UNBEATABLE DISCOUNT



Seychelles company with an exceptional discount!

The price is just 1670 USD :

Special offer - Offshore company in Seychelles

Formation of the company in the Seychelles includes the following services:

  • Formation of the company,
  • Duties payable to the local authorities for the registration of the company,
  • Registration-related administration,
  • Provision of registered office for 1 year,
  • Provision of registered agent for 1 year,
  • Annual tax for the 1styear,
  • Delivery of the company documents to the relevant office of the LAVECO Group,
  • Handmade luxury leather corporate kit containing the following documents:
    • Certificate of Incorporation,
    • Memorandum & Articles of Association,
    • Appointment of First Directors,
    • Bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification,
    • Share certificate(s),
    • Minutes of directors’ and shareholders’ meetings,
    • Registers of directors and shareholders,
    • Company seal and company stamp.

So, for 1290 USD  you get a Seychelles company,
with its first year fees fully paid.

THIS OFFER IS AVAILABLE UNTIL DECEMBER 31ST 2013!

Fees payable from the second year are 880 USD, including:

  • Registered office,
  • Registered agent,
  • Annual tax and duties.

 

AND THIS MIGHT PROVE EVEN MORE ATTRACTIVE:

Special offer on SHELF COMPANIES

Shelf company in the Seychelles, including annual fees for the first year, nominee director and a certified power of attorney.

The price is just 2550 USD:

Special offer - offshore shelfcompany in Seychelles

THIS OFFER IS AVAILABLE UNTIL DECEMBER 31ST2013!

 Fees payable from the second year are 1760 USD, including:

  • Annual tax and duties,
  • Registered office and agent,
  • Nominee director,
  • A power of attorney with Apostille

Special offerSee also:
- Special offer: Hong Kong
- Special offer: Belize
- Special offer: Cyprus

EU
Cyprus 790 EUR 780 EUR 12,5%
Cyprus

37 years at the top! The system in Cyprus provided in the past, still provides today and can be expected to continue to provide in the long term a uniquely stable opportunity for the registration of international holding and trading companies. The tax system is excellent, in both European and worldwide terms, for those wishing to place their wealth securely in the long run. The more than 60 agreements for the avoidance of double taxation signed by Cyprus facilitate the redistribution of income from dividends, interest and royalties to Cyprus and the further forwarding of such incomes to other jurisdictions.

Speciális ajánlatCyprus
INCORPORATION DATASHEET

SPECIAL OFFER: Cyprus
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the shareholders of the company. The minimum number of shareholders is 1.
Company legal form: Private Limited Company by shares
Company status: Resident Company
Source of corporate legislation: International Trust Law of Cyprus.
Possible suffixes to company name: Ltd., Limited.
Restrictions on company name: The terms Bank, Insurance, Global, National, Imperial, European, Cooperative, World-wide, Investment, Financial and Trust may not appear in the company name.
Time required for incorporation: 6-8 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: No minimum requirement, usually 1000 EUR the payment of which is not obligatory.
Accounting / reporting requirements: Yes. Audited accounts are required annually.
Type of shares: Registered
Annual tax and duties: 12,5% and 350 EUR in case the company was active in the subject year
Information publicly available: Registered office, directors, secretary, shareholders.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Company secretary is required by law.
Double tax treaty: Cyprus has an extensive network of DTTs

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 270 EUR
Notarial certification: 90 EUR
International authentication (Apostille): 90 EUR
Legal expenses, filing fees and stamp duties: 70 EUR
Issuing of share certificates and initial minutes and forms: 80 EUR
Compulsory Tax Registration Fee 100 EUR
Corporate seal: 45 EUR
Courier fees: 45 EUR
Subtotal: 790 EUR
ANNUAL FEES*
Registered office and registered agent: 390 EUR
Company secretary: 390 EUR
Annual tax and duties: 12,5% of net profit and 350 EUR in case the company was active in the subject year
Subtotal: 780 EUR
Total: 1570 EUR


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 780 EUR is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1570 EUR includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and secretary for 1 year, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation in Greek, official English translation of the Certificate of Incorporation with international (Apostille) certification, Memorandum & Articles of Association in Greek with official English translation with international (Apostille) certification , Appointment of First Directors, Certificate of Directors and Secretary with international (Apostille) certification, Certificate of Shareholders with international (Apostille) certification, Certificate of Registered Office with international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors, secretaries and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 980 EUR
Nominee Director (corporate body): 590 EUR
Nominee shareholder: 210 EUR
Accounting & auditing fee: Varies according to the number of transactions involved.
Special Power of Attorney with Apostille
(director is private person):
290 EUR
Special Power of Attorney with Apostille authentication (director is corporate body): 390 EUR
Notarial Certification or Apostille: 90 EUR
Certificate of Good Standing: 90 EUR
Certificate of Tax Residence: 275 EUR

LAVECO Ltd. is pleased to offer its clients shelf companies in Cyprus. Contact our office for details and a list of shelf companies, or visit our Cyprus website. The price of shelf companies varies according to the level of optional services required.

SHELF COMPANY PACKAGE
Formation fees including annual fees for the first year.
Minimum package: ready made Cyprus company with the client as a director, registered office and secretary
1570 EUR
Fees payable from the second year.
Minimum package: registered office and secretary
780 EUR

 

Special offer: Cyprus

SPECIAL OFFER

LAVECO Ltd. is pleased to offer its clients
companies in Cyprus
at extremely attractive rates!


Formation of the Cyprus company:

Special offer: Cyprus
 instead of 3 360 EUR

Formation of the company includes the following services:

  • Registration of the company,
  • Duties payable to the local authorities for the registration of the company,
  • Registration-related administration,
  • Delivery of the company documents to the relevant office of the LAVECO Group,
  • Registered Office for one year,
  • Registered Secretary for one year,
  • Company Director for one year,
  • Nominee Shareholder for 1 year,
  • Luxury leather corporate kit containing
    • Certificate of Incorporation in Greek,
    • Official English translation of the Certificate of Incorporation with international (Apostille) certification,
    • Memorandum & Articles of Association in Greek with official English translation with international (Apostille) certification,
    • Appointment of First Directors,
    • Certificate of Directors and Secretary with international (Apostille) certification,
    • Certificate of Shareholders with international (Apostille) certification,
    • Certificate of Registered Office with international (Apostille) certification,
      minutes of directors’ and shareholders’ meetings,
    • Share certificate(s),
    • Registers of directors, secretaries and shareholders,
    • Special Power of Attorney with Apostille,
    • Company seal, company stamp
  •   Cyprus Bank account
Annual fees payable from the second year:   Special offer: Cyprus
 instead of 2 260 EUR

Annual fees payable from the second year include:

  • Registered Office,
  • Registered Secretary,
  • Company Director,
  • Nominee Shareholder,
  • Special Power of Attorney with Apostille.

Special offerSee also:
- Special offer: Hong Kong
- Special offer: Belize
- Special offer: The Seychelles

UK
Anguilla 995 USD 795 USD 200 USD
Anguilla

The biggest advantage of Anguilla maybe lies in the fact that it is not particularly well known as an Offshore Financial Centre, and as such has not been exposed over the past two decades. A further advantage is that, formally at least, it is still part of Great Britain, even if it is largely independent when it comes to legislation.
Anguilla
Status: Stable British Dependent Territory
Area, sq.km: 91
Population: 13 600
Capital: The Valley
Business language: English
Currency: East Caribbean Dollar (XCD)
Location: Caribbean Island, east of Puerto Rico
Map
Time zone: GMT - 4

 

INCORPORATION DATASHEET
Advantages: Low taxes, Traditional IBC company can be registered
Disadvantages: Blacklisted in many EU countries
Company status: International Business Company
Corporate legislation source: International Business Companies Act
Company name: All names must end with the following words: Incorporated, Inc., Corporation, Corp., Limited, LTD.
Time required for incorporation: 2-3 weeks
Minimum number of directors: 1
Usual minimum capital: 1 USD
Are accounts required: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered, original share certificates must be kept at the place of registration
Annual tax and duties: 200 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Local registered agent is required by law

COMPULSORY COSTS (payable prior to incorporation)

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 115 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 995 USD
ANNUAL FEES *
Registered office and registered agent: 795 USD
Annual tax and duties: 200 USD
Subtotal: 995 USD
Total: 1990 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 995 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1990 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for 1 year, annual tax for the 1st year, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Shareholder: 290 USD
Power of Attorney: 390 USD
Notarial Certification: 160 USD
Certificate of Good Standing: 330 USD

LAVECO Ltd. is pleased to offer its clients shelf companies in Anguilla which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SPECIAL OFFER
Formation fees including annual fees for the first year.
Ready made company with nominee director and notarised Power of Attorney:
3070 USD
Fees payable from the second year.
Annual tax and duties, registered office and registered agent, nominee director and notarised Power of Attorney:
2075 USD
British Virgin Islands 980 USD 890 USD 350 USD
British Virgin Islands

The leading jurisdiction in the world offshore market, which basically introduced the IBC company format in 1984. Numerous countries and jurisdictions subsequently “copied” the company law. From the point of view of the number of companies formed, over the last 10 years the BVI has always been among the podium places. Extremely popular and the preferred jurisdiction of lawyers in particular.
British Virgin Islands
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscriber. The subscriber must be a local person, licensed for the purpose.
Company legal form: Private Limited Company by shares
Company status: International Business Company (I.B.C.).
Source of corporate legislation: The International Business Companies Ordinance, 1984.
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., Corp., Corporation or S.A.
Restrictions on company name: The terms Bank, Insurance, Trust, Trustee, Chamber of Commerce, Municipal, Royal, British may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: No minimum requirements
Accounting / reporting requirements: Accounts not required, but documents of transactions must be kept.
Type of shares: Registered
Annual tax and duties: Minimum 350 USD if the authorized capital less than 50 000 USD
Information publicly available: Memorandum and Articles of Association, registered office and registered agent
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: The BVI have DTTs with Japan and Switzerland.

 COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 380 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 110 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 980 USD
ANNUAL FEES*
Registered office and registered agent: 890 USD
Annual tax and duties: 350 USD
Subtotal: 1240 USD
Total: 2220 USD

 * The annual fees for the first year are payable at the time of incorporation, and include the tax and registered agent fees for the calendar year in which the company is incorporated.

The amount of 1240 USD, payable annually, is due in the year following incorporation as follows:

  • for companies incorporated in the first half of the year, by April 1st of the subject year
  • for companies incorporated in the second half of the year, by October 1st of the subject year

The amount of 2220 USD includes the following services: formation of the company with authorised capital up to 50 000 USD, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for the calendar year in which the company is incorporated, annual tax for the calendar year in which the company is incorporated, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee shareholder: 290 USD
Certificate of Incumbency: 430 USD
Power of Attorney with Notarial Certification: 390 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD



LAVECO Ltd. is pleased to offer its clients shelf companies in BVI, which are available at the same price. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Incorporation fee, including annual fees for the calendar year in which the company is established:
Ready made BVI company with nominee director, nominee shareholder and notarised Power of Attorney:

3590 USD
Fees payable from the second year. Annual tax and duties, registered office and registered agent, nominee director, nominee shareholder and notarised Power of Attorney: 2610 USD
UK LTD 300 GBP 490 GBP 20-24% on profit
UK LTD

Although the UK private limited company is not a low-tax company, it is still popular among those who require a high prestige, very stable company. The UK company has justifiably become a competitor for the Swiss company, whose formation and maintenance fees may be 5 or even 10 times higher than its counterpart in the UK.
UK LTD
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscriber of the company. The subscriber may be any private person or body corporate without any restrictions.
Company legal form: Private Limited Company by shares
Company status: Resident Company
Source of corporate legislation: Companies Act 1985; Companies Act 2006
Possible suffixes to company name: Limited or Ltd.
Restrictions on company name: Sensitive words need approval from the Companies House.
Time required for incorporation: 1 month
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: Minimum share capital is 1 p. At least one share should be issued.
Accounting / reporting requirements: Yes. Annual report and audited accounts are required.
Type of shares: Ordinary, Preference, Cumulative preference, Redeemable
Annual tax and duties: 20-24%
Information publicly available: Directors, registered office, shareholders, accounts, company secretary, annual return.
Registered office: Local registered office is required by law.
Registered secretary / agent: It is advisable and LAVECO policy required the appointment of a local qualified secretary, who will be responsible for the preparation of the Annual Return of the company and for the keeping of professional records and deadlines to avoid the risk of penalties.
Double tax treaty: The UK has the widest network of DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee (including legal expenses, filling fees and stamp duties) 80 GBP
International authentication (Apostille): 125 GBP
Issuing of share certificates and initial minutes and forms: 55 GBP
Corporate seal: 10 GBP
Courier fees: 30 GBP
Subtotal: 300 GBP
ANNUAL FEES*
Registered office and registered agent: 490 GBP
Annual tax and duties: 20-24% on profit
Administration fee 200 GBP
Subtotal: 690 GBP
Total: 990 GBP


The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 690 GBP is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 990 GBP includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office and registered secretary for 1 year, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Memorandum & Articles of Association, Corporate Register, share certificates, initial forms and minutes and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Nominee shareholder: 250 GBP
Nominee director: Please contact us for individual quotation.
Notarial Certification: 150 GBP
Certificate of Good Standing with Apostille: 145 GBP
Apostile: 125 GBP
Service address for the Director(s) 200 GBP/year


UK LLP 300 GBP 490 GBP 0% or 20-24% on profit
UK LLP

The LLP company format is not particularly well known among the general public. The huge benefits of the LLP lie in the fact that under certain circumstances there is no corporate taxation, as, following the principles of flow-through taxation, the members of the LLP are liable for the taxes payable on the company’s income in the place where they are resident for tax purposes. As a result of the high level of prestige, the LLP is an excellent vehicle particularly for the performance of transactions between the UK and non-EU partners.
UK LLP
General Information on Limited Liability Partnerships (LLPs), UK
What is a Limited Liability Partnership (LLP)?

 

An LLP is a partnership which is in itself a legal entity, and whose partners enjoy limited liability. The partnership has existed as a corporate form in UK corporate legislation for more than a century, but a new limited liability act, which was passed in 2000, has totally modernised the partnership, making its operation much more simple and convenient.

Company status:

Non-resident/Resident Company
Source of corporate legislation: Limited Liability Partnership Act 2000, Limited Liability Partnership Regulations 2001.
Method of registration: A special form is signed by the partners and registered with Companies House. A Certificate of Registration is issued by Companies House following registration.
Time required for registration: 1 month
Possible suffixes to company name: LLP or Limited Liability Partnership
Restrictions on company name: The name of an LLP should not be the same as or similar to a name already registered. The name must not include the following names or their derivatives: British, English, European, Great Britain, United Kingdom, International, National, Institute, Authority, Board, Council, Chamber, Charter, Chemistry, Holding, Registered, Sheffield, Trade Union, Foundation, Trust, Stock Exchange, University, Credit Union, Bank, Insurance and some others. Registration of names, including those containing the words mentioned above is possible only if approved by the relevant authorities.
Capitalisation: No minimum requirements
Type of shares: No shares are issued.
LLP structure: An LLP is formed by partners (at least two) for the purpose of carrying on a lawful business with a view to profit. The liability of the partners is limited to the assets of the LLP. The LLP does not have directors as it is usually managed by the partners, although it is also possible to appoint a manager.
Number of Directors: LLPs have no directors.
Number of owners (partners): A minimum of 2 partners are required to form an LLP. The minimum number of designated partners (see below) is 2. If the company has only two partners, both will be designated partners.
Who can be a partner of an LLP? Any person or legal entity can be a partner in an LLP. There are no restrictions on the nationality or residency of the partners, i.e. partners may be either residents or non-residents of the U.K.
What is the difference between a limited liability partnership and a limited company? The structure of an LLP is different from that of an Ltd (see above). In addition, there are significant differences from the point of view of taxation. Limited companies are taxed as corporations, while LLPs are taxed as partnerships (see the detailed information below).
Information available to the public. LLP name, registered office address, names and addresses of partners, names and addresses of designated partners.
Disclosure of owners (partners): Names and addresses of partners are available to the public.
Accounting/Reporting requirements: Each LLP must deliver to Companies House an annual return and annual accounts, reporting on the financial performance and position of the LLP during the year.
Registered office address: Each LLP must have a registered office, which must be a physical location, not just a post office box. The registered address can be anywhere in England and Wales. All official documents, letters and reminders of Companies House, as well as notices and court papers have to be sent to the registered office address. If an LLP changes its registered office address after incorporation, then Companies House must be notified of the new address within 14 days of the change. All company documents (or copies of them) must be kept at the registered office address.
Registered secretary: An LLP is not required by law to have a registered secretary. However, it is advisable to appoint a local qualified secretary, who will be responsible for the preparation of the annual return of the company and for the keeping of professional records to avoid the risk of penalties.
What is meant by the term "designated member"? Designated members have the same rights and duties towards the LLP as any other member. These mutual rights and duties are governed by the limited liability partnership agreement and the general law. However, the law also places extra responsibilities on designated members. Designated members are responsible for:
- Appointing an auditor,
- Signing the accounts on behalf of the members,
- Delivering the accounts to the Registrar,
- Notifying the Registrar of any membership changes or changes in the registered office address or name of the LLP,
- Preparing, signing and delivering to the Registrar an annual return, and
- Acting on behalf of the LLP if it is wound up or dissolved.
Designated members are accountable in law for failing to carry out these legal responsibilities.
Every LLP must have at least two, formally appointed, designated members at all times. If there are fewer than two designated members then every member is deemed to be a designated member.
Requirements regarding the use of the name of the LLP and other registration information: The LLP must paint or affix its name on the outside of every office or place in which its business is carried on - even if that is the home of a member. The name must be kept painted or affixed there, and must be both conspicuous and legible.
The LLP must also state its name, in legible lettering, on the following:
- All the LLP's business letters,
- All its notices and other official publications,
- All bills of exchange, promissory notes, cheques and orders for money and goods purporting to be signed by, or on behalf of, the LLP,
- All its bills of parcels, invoices, receipts and letters of credit.
In addition, the LLP must show the following information on all its business letters and order forms:
- Its place of registration (for example: Registered in London) and its registered number,
- The fact that it is a limited liability partnership,
- The address of its registered office. If a business letter or order form mentions more than one address, it is recommended that it should be mentioned which one is the registered office address.
What is an annual return and when should it be submitted? An annual return is a snapshot of the information on the LLP which must contain the following information:
- The name of the LLP,
- Its registered number,
- Its registered office address,
- The address where certain LLP registers are kept if not at the registered office,
- The name and address of each member,
- If not all the members are designated members, then details of which of them are designated members.
The annual report is separate from the LLP's annual accounts.
Every LLP must deliver an annual return to Companies House at least once every 12 months. The annual return should be delivered to Companies House within 28 days of the anniversary of incorporation of the LLP.
The designated members of an LLP are responsible for ensuring that the annual return:
- Is delivered to Companies House in time, and
- Gives a true picture of the membership of the LLP at the time of delivery.
Designated members can be prosecuted if the LLP fails to deliver the annual return in time.
Annual accounts

Every LLP must prepare annual accounts that report on the financial performance and position of the LLP during the year. The period reported on in the accounts is called the financial year, or the accounting reference period. This starts on the day after the previous financial year ended or, in the case of a new LLP, on the day of incorporation.

For all new LLPs, the first accounting reference period is automatically set as the first anniversary of the last day in the month in which the LLP was incorporated. For example, if the LLP was incorporated on 10 June 2001 its accounting reference date would be set at 30 June. The next accounting reference period will start on July 1, 2002 and will end on 30 June 2003.

The accounts must normally be delivered to Companies House within 10 months of the accounting reference date.
What does a set of accounts include? Generally, the accounts must include:
- A profit and loss account,
- A balance sheet signed by a designated member,
- An auditor's report signed by the auditor,
- Notes to the accounts, and
- Group accounts (if appropriate).
The accounts must be approved by the LLP's members and signed before they are sent to Companies House.
Penalties for late filing of the accounts: There is an automatic civil penalty for late filing. The amount of the penalty depends on how late the accounts are filed. The fixed penalties are as follows:
Length of delay Amount of penalty
3 months or less GBP 100
3 months one day to 6 months GBP 250
6 months one day to 12 months GBP 500
More than 12 months GBP 1000

Failure to deliver accounts on time is also a criminal offence for which designated members may be prosecuted.
Taxation of LLPs: LLPs are taxed as partnerships. This means that the company is not taxed at the corporate level, as in the case of limited companies. The profit of an LLP is divided between the partners in the proportion of their participation in the LLP, and the partners must pay taxes in the place in which they are resident for tax purposes. The income received from the LLP must be added to the income received from other sources and tax should be calculated according to the total income. If the partners of an LLP are non-residents of the UK, the LLP has conducted no activities on the territory of the UK and received no income from UK sources, then the partners will not become subject to taxation in the UK.
Double Tax Treaties: Non-resident LLPs are not subject to DTTs concluded by the UK

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee: 80 GBP
International authentication (Apostille): 125 GBP
Issuing of share certificates and initial minutes and forms: 55 GBP
Corporate seal: 10 GBP
Courier fees: 30 GBP
Subtotal: 300 GBP
ANNUAL FEES*
Registered office and registered agent: 490 GBP
Administration fee 200 GBP
Subtotal: 690 GBP
Total: 990 GBP


* The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 690 GBP is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 990 GBP includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office for 1 year, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Partnership Agreement, Corporate Register, Certificate of Interests, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Power of Attorney with Notarial Certification: 190 GBP
Apostille: 125 GBP
Certificate of Good Standing with Apostille: 145 GBP

Notarial Certification::

150 GBP

 

Other jurisdictions

Flag Jurisdiction Formation fees Fee for Registered Office and Registered Agent Annual Tax and Duties Details
Antigua 1490 USD 990 USD 300 USD
Antigua
Status Constitutional monarchy
Area, sq.km: 442
Population: 67 000 (2001 July)
Capital: Saint John's
Business language: English
Currency: East Caribbean Dollar (XCD)
Location: Caribbean Islands, east-southeast of Puerto-Rico
Time zone: GMT - 4

 

INCORPORATION DATASHEET
Advantages: Zero tax jurisdiction
Disadvantages: Blacklisted in EU countries
Company status: International Business Company
Corporate legislation source: Business Corporations Act, 1982
Company name: All names must end with the following words: Incorporated, Inc., Corporation, Corp., Limited, LTD.
Time required for incorporation: 3-5 weeks
Minimum number of directors: 1
Usual minimum capital: 1 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 300 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

 

COMPULSORY COSTS (payable prior to registration)

 

FORMATION FEES
Incorporation fee: 490 USD
Notarial certification: 150 USD
International authentication (Apostille): 250 USD
Legal expenses, filing fees and stamp duties: 300 USD
Issuing of share certificates and initial minutes and forms: 200 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1490 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 300 USD
Subtotal: 1290 USD
Total: 2780 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1290 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2780 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 295 USD

 

Barbados 2090 USD 1190 USD 100 USD
Barbados
Status: Parliamentary democracy
Area, sq.km: 430
Population: 275 000 
Capital: Bridgetown
Business language: English
Currency: Barbadian Dollar (BBD)
Location: Atlantic Ocean, north-east of Venezuela
Time zone: GMT - 4

 

INCORPORATION DATASHEET
Advantages: Low taxes, Growing number of double tax treaties
Disadvantages: -
Company status: International Business Company
Corporate legislation source: International Business Companies Act, 1991
Company name: All names must end with the following words: Incorporated, Inc., Corporation, Corp., Limited, LTD.
Time required for incorporation: 3-5 weeks
Minimum number of directors: 1
Usual minimum capital: 1 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Registered
Annual tax and duties: 100 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association, shareholders
Non-public information: Directors
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 790 USD
Notarial certification: 150 USD
International authentication (Apostille): 250 USD
Legal expenses, filing fees and stamp duties: 600 USD
Issuing of share certificates and initial minutes and forms: 200 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 2090 USD
ANNUAL FEES*
Registered office and registered agent: 1190 USD
Annual tax and duties: 100 USD
Subtotal: 1290 USD
Total: 3380 USD


*The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1290 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 3380 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 290 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 295 USD

 

Cook Islands 1990 USD 1990 USD 500 USD
Cook Islands
Status Dependent territory of New Zealand
Area, sq.km: 240,1
Population: 20 600 (2001 July)
Capital: Avarua
Business language: English
Currency: New Zealand Dollar (NZD)
Location: 15 islands to the north-east of New Zealand in the Pacific Ocean
Time zone: GMT + 12

 

INCORPORATION DATASHEET
Advantages: High level of confidentiality
Disadvantages: Not a well-known jurisdiction
Company status: International Company
Corporate legislation source: International Companies Act, 1981-82
Company name: All names must end with one of the following words: Limited, Ltd., Corporation, Corp., Incorporated, Inc.
Time required for incorporation: 6-8 weeks
Minimum number of directors: 1
Usual minimum capital: 1 million USD (not compulsory)
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 500 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 1390 USD
Notarial certification: 100 USD
International authentication (Apostille): 150 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1990 USD
ANNUAL FEES*
Registered office and registered agent: 1990 USD
Annual tax and duties: 500 USD
Subtotal: 2490 USD
Total: 4480 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 2490 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 4480 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 395 USD

 

Dominica 1290 USD 990 USD 150 USD
Commonwealth of Dominica
Status Parliamentary Democracy
Area, sq.km: 754
Population: 110 000
Capital: Roseau
Business language: English
Currency: East Caribbean Dollar (XCD)
Location: Caribbean Island, between Puerto Rico and Trinidad & Tobago
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: Total tax exemption for IBCs (No tax jurisdiction)
Disadvantages: Relatively new offshore centre
Company legal form: Private Limited Company by Shares
Company status: International Business Company (I.B.C.)
Corporate legislation source: The IBC Act of 1996
Company name: All names must end with 'Limited, LTD., Incorporated, Inc., Corporation, Corp., S.A.'
Time required for incorporation: 4-5 weeks
Minimum number of directors: 1
Usual minimum capital: 100 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer and registered. Bearer share certificates must be kept by the registered agent in Dominica.
Annual tax and duties: 150 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty Dominican IBCs are not subject to DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 600 USD
Notarial certification: 140 USD
International authentication (Apostille): 200 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1290 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 150 USD
Subtotal: 1140 USD
Total: 2430 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1140 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2430 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 295 USD
Power of Attorney with Notorial Certification: 390 USD
Notarial Certification or Apostille: 140 USD
Certificate of Incumbency: 330 USD
Certificate of Good Standing: 330 USD

LAVECO Ltd. is pleased to offer its clients shelf companies in Dominica which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE
Formation fees including annual fees for the calendar year in which the company is incorporated.
Ready-made company in Dominica with incorporation and annual fees for the calendar year in which the company is incorporated, nominee director and shareholder, and a certified power of attorney with Apostille.

3 805 USD

Fees payable from the second year.
Annual tax and duties, registered office and registered agent, nominee director and shareholder and notarised Power of Attorney
2 515 USD

 

Grenada 2090 USD 1190 USD 100 USD
Grenada
Status Constitutional monarchy
Area, sq.km: 340
Population: 89 000 (2001)
Capital: Saint George's
Business language: English
Currency: East Caribbean Dollar (XCD)
Location: Caribbean Sea, north of Trinidad & Tobago
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: 20 years tax exemption. Zero tax jurisdiction
Disadvantages: -
Company status: International Business Company
Corporate legislation source: International Business Companies Act
Company name: All names must end with the following words: Incorporated, Inc., Corporation, Corp., Limited, LTD.
Time required for incorporation: 5-6 weeks
Minimum number of directors: 1
Usual minimum capital: 1 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Registered
Annual tax and duties: 100 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

 COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 790 USD
Notarial certification: 150 USD
International authentication (Apostille): 250 USD
Legal expenses, filing fees and stamp duties: 600 USD
Issuing of share certificates and initial minutes and forms: 200 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 2090 USD
ANNUAL FEES*
Registered office and registered agent: 1190 USD
Annual tax and duties: 100 USD
Subtotal: 1290 USD
Total: 3380 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1290 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 3380 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 195 USD

 

United Arab Emirates, Ras Al Khaimah 700 EUR 790 EUR 500 EUR
UNITED ARAB EMIRATES, RAS AL KHAIMAH
Status Absolut Monarchy
Area, sq.km: 1,700
Population: approximately 300,000
Capital: Ras al Khaimah
Business language: Arabic (English is widely spoken)
Currency: UAE Dirham (AED)
Location: in the east of the Persian Gulf, the northernmost of the United Arab Emirates
Map
Time zone: GMT - 4
INCORPORATION DATASHEET

Advantages:

Companies registered by LAVECO Ltd. in Ras Al Khaimah are not offshore companies, but Free Trade Zone companies, attracting high levels of prestige internationally.

The United Arab Emirates is an extremely attractive jurisdiction, with a very good name.

Disadvantages: The United Arab Emirates is not a member of the Hague Convention on international authentication, and as such, the corporate documents can not be certified with Apostille. Having said that, it is possible to have corporate documents certified by foreign consulates or by Apostille in other countries.
Method of incorporation / registration The Memorandum and Articles of Association must be signed by the subscriber.
Company legal form Private Limited Company by shares
Company status International Business Company (IBC)
Source of corporate legislation RAK Free Trade Zone International Companies Regulations 2006
Possible suffixes to company name „Limited” or „Ltd”, „Incorporated”, or „Inc”
Time required for incorporation 3 - 4 weeks
Number of directors Minimum 1 of any nationality, corporate directors are allowed
Number of shareholders Minimum 1 of any nationality
Capitalisation Minimum 10 000 Dirhams (appr.=2000 EUR)
Accounting / reporting requirements Required, but not public
Type of shares Bearer or Registered
Annual tax and duties 500 EUR regardless of the authorized capital
Information publicly available Registered office and Registered Agent-Directors- Shareholders
Disclosure of beneficiaries Not required for the public records
Registered office Local registered office is required by law
Registered secretary / agent Local registered agent is required by law
Double tax treaty United Arab Emirates has double tax treaties with the following countries: Algeria,China, Jordan, Kuwait, Egypt, Finland, France, Malta, Pakistan, Poland, Germany, India, Indonesia, Italy, Malaysia, Mauritius, Romania, Seychelles, Singapore, South Korea, Sudan, Syria, Turkey, Yemen

COMPULSORY COSTS (payable prior to registration)

Registration Fee 700 EUR
Registred office and registered agent 790 EUR
Annual Tax 500 EUR
Total First Year Fees 1990 EUR

The amount of 1990 EUR includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office and registered secretary and payment of annual tax for the calendar year in which the company was formed, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Memorandum & Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, share certificates, initial forms and minutes, and 2 company seals and postage of company documents to Budapest. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director 590 EUR
Nominee Shareholder 290 EUR
Power of Attorney 290 EUR
Legalization on a Consulate from 950 EUR


Liberia 990 USD 990 USD 150 USD
Liberia
Status Independent Republic
Area, sq.km: 96 320
Population: 3 226 000 (2001 July)
Capital: Monrovia
Business language: English
Currency: Liberian Dollar (LRD)
Location: West Africa, between Cote d'Ivorie and Sierra Leone
Time zone: GMT - 1

 

INCORPORATION DATASHEET
Advantages: Liberal and flexible corporate laws, High confidentiality
Disadvantages: Well-known as an offshore jurisdiction
Company status: Non-Resident Corporation
Corporate legislation source: Liberian Business Corporation Act, 1976
Company name: All Names must end with: Limited, Ltd., Corporation, Corp., Incorporated, Inc., S.A.
Time required for incorporation: 3-4 weeks
Minimum number of directors: 1
Usual minimum capital: -
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 150 USD
What information is available on the public file: Company name, incorporation date and number, address of registered agent, Articles of Association
Non-public information: Directors and shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

 

COMPULSORY COSTS (payable prior to registration)

 

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 100 USD
International authentication (Apostille): 100 USD
Legal expenses, filing fees and stamp duties: 200 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 150 USD
Subtotal: 1140 USD
Total: 2130 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1140 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2130 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 195 USD

 

Liechtenstein (A.G.) 4990 CHF 5990 CHF 1000 CHF
Liechtenstein (A.G.)
Status Principality of Liechtenstein
Area, sq.km: 160
Population: 35 528 (2001 July)
Capital: Vaduz
Business language: German
Currency: Swiss franc (CHF)
Location: Central Europe, between Austria and Switzerland
Time zone: GMT

 

INCORPORATION DATASHEET
Advantages: High level of confidentiality, Uniquely high-prestige territory, Has its own system of laws regulating trust activity, Long term political stability with banking secrecy
Disadvantages: High incorporation and administrative fees
Company status: Exempt company
Corporate legislation source: The PGR Code of 20 January 1926
Company name: All names must end with 'Aktiengesellschaft' or 'A.G.'
Time required for incorporation: 4-5 weeks
Minimum number of directors: 1 (but 1 must be resident)
Usual minimum capital: 50 000 CHF - paid up
Are accounts required:: Yes
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 12,5% corporate income tax. 0,1% of the capital, minimum 1000 CHF + 800 CHF stamp duty (one time fee) and 4% on dividends
What information is available on the public file: Registered office and local representative, directors
Non-public information: Shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered representative is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 1790 CHF
Notarial certification: 300 CHF
International authentication (Apostille): 300 CHF
Legal expenses, filing fees and stamp duties: 2160 CHF
Issuing of share certificates and initial minutes and forms: 300 CHF
Corporate seal: 70 CHF
Courier fees: 70 CHF
Subtotal: 4990 CHF
ANNUAL FEES*
Registered office and registered agent: 5990 CHF
Annual tax and duties: 1000 CHF
Subtotal: 6 990 CHF
Total: 11 980 CHF


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 6 6 990 CHF is payable annually beginning from the 1st January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 11 980 CHF includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and local representative for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 3500 CHF
Nominee Director (corporate body): -
Nominee shareholder: 695 CHF
Power of Attorney: 395 CHF
Notarial Certification: 300 CHF
Certificate of Good Standing: 595 CHF
Apostille: 295 CHF

 

Liechtenstein (Anstalt) 5990 CHF 5990 CHF 1000 CHF
Liechtenstein (Anstalt)
Status Principality of Liechtenstein
Area, sq.km: 160
Population: 35 528 (2001 July)
Capital: Vaduz
Business language: German
Currency: Swiss franc (CHF)
Location: Central Europe, between Austria and Switzerland
Time zone: GMT

 

INCORPORATION DATASHEET
Advantages: High level of confidentiality, Uniquely high-prestige territory, Has its own system of laws regulating trust activity, Long term political stability with banking secrecy
Disadvantages: High incorporation and administrative fees
Company status: Anstalt
Corporate legislation source: The PGR Code of 20 January 1926
Company name: All names must end with 'Anstalt'
Time required for incorporation: 3-5 weeks
Minimum number of directors: 1 (but 1 must be resident)
Usual minimum capital: 30 000 CHF - paid up
Are accounts required:: Yes
Minimum number of shareholders: No shares issued
Type of shares: No shares issued
Annual tax and duties: 0,1% of the capital min. 1000 CHF+ 800 CHF stamp duty (one time fee)
What information is available on the public file: Registered office and local representative
Non-public information: Board Members, beneficiaries
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered representative is required by law.

 

COMPULSORY COSTS (payable prior to registration)

 

FORMATION FEES
Incorporation fee: 2790 CHF
Notarial certification: 300 CHF
International authentication (Apostille): 300 CHF
Legal expenses, filing fees and stamp duties: 2160 CHF
Issuing of share certificates and initial minutes and forms: 300 CHF
Corporate seal: 70 CHF
Courier fees: 70 CHF
Subtotal: 5990 CHF
ANNUAL FEES*
Registered office and registered agent: 5990 CHF
Annual tax and duties: 1000 CHF
Subtotal: 6990 CHF
Total: 12980 CHF


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 6990 CHF is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 12980 CHF includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, initial minutes, provision of Registered Office and local representative for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 5500 CHF
Nominee Director (corporate body): -
Nominee shareholder: -
Power of Attorney: 395 CHF
Notarial Certification: 300 CHF
Certificate of Good Standing: 595 CHF
Apostille: 295 CHF

 

Mauritius 990 USD 990 USD 200 USD
Mauritius
Status Parliamentary democracy
Area, sq.km: 1860
Population: 1 190 000 (2001 July)
Capital: Port Louis
Business language: English
Currency: Mauritius Rupee (MUR)
Location: Indian Ocean to the east of Madagascar
Time zone: GMT + 3

 

INCORPORATION DATASHEET
Advantages: Zero tax rate on net profits of offshore activities
Disadvantages: No access to DTTs
Company status: Non resident corporation
Corporate legislation source: Companies Act, 2001
Company name: All names must end with one of the following words: Limited, Ltd., Corporation, Corp., Societe Anonyme, S.A.
Time required for incorporation: 3-4 weeks
Minimum number of directors: 1
Usual minimum capital: No minimum requirements
Are accounts required:: Yes
Minimum number of shareholders: 1
Type of shares: Registered
Annual tax and duties: 200 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors and shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Resident company secretary is not required by law

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 100 USD
International authentication (Apostille): 150 USD
Legal expenses, filing fees and stamp duties: 100 USD
Issuing of share certificates and initial minutes and forms: 150 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 200 USD
Subtotal: 1190 USD
Total: 2180 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1190 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2180 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): -
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 150 USD
Certificate of Good Standing: 395 USD

 

Saint Vincent & Grenadine 990 USD 890 USD 100 USD
Saint Vincent & Grenadine
Status Parliamentary Democracy
Area, sq.km: 388
Population: 116 000 (2001 July)
Capital: Kingstown
Business language: English
Currency: East - Caribbean Dollar (XCD)
Location: Caribbean sea to the north-east of Venezuela
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: Very liberal and well-established company law, Low incorporation and annual fees
Disadvantages: -
Company status: International Business Company
Corporate legislation source: The International Business Companies Act, 1996
Company name: All names must end with Incorporated, Inc., Corporation, Corp., Limited, Ltd., S.A.
Time required for incorporation: 2-3 weeks
Minimum number of directors: 1
Usual minimum capital: No minimum requirements
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Registered
Annual tax and duties: 100 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association, directors
Non-public information: Shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 400 USD
Notarial certification: 100 USD
International authentication (Apostille): 140 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 890 USD
Annual tax and duties: 100 USD
Subtotal: 990 USD
Total: 1980 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 990 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1980 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 295 USD

 

St. Kitts & Nevis 1290 USD 990 USD 200 USD
St. Kitts & Nevis
Status Constitutional Monarchy
Area, sq.km: 261,1
Population: 38 800 (2001 July)
Capital: Basseterre
Business language: English
Currency: East-Caribbean Dollar (XCD)
Location: Caribbean Island, between Puerto-Rico and Trinidad and Tobago
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: The legislation follows the Delaware Law. Total tax exemption for IBCs
Disadvantages: -
Company status: Non-resident domestic company
Corporate legislation source: Companies Act 1996
Company name: All names must end with 'Limited, LTD., Incorporated, Inc., Corporation, Corp., S.A.'
Time required for incorporation: 2-4 weeks
Minimum number of directors: 1
Usual minimum capital: No minimum requirements
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 200 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors and shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

 COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 600 USD
Notarial certification: 140 USD
International authentication (Apostille): 200 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1290 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 200 USD
Subtotal: 1190 USD
Total: 2480 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1190 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2480 USD  includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 140 USD
Certificate of Good Standing: 295 USD

 

Vanuatu 990 USD 650 USD 300 USD
Vanuatu
Status Republic (formerly New Hebrides)
Area, sq.km: 12 190
Population: 193 000 (2001 July)
Capital: Port Vila
Business language: English, French
Currency: Vatu (VUV)
Location: Pacific Ocean, at the south-eastern part of Melanesia
Time zone: GMT + 10

 

INCORPORATION DATASHEET
Advantages: Modern and flexible company regulation law, Not well-known as an offshore jurisdiction
Disadvantages: -
Company status: International Business Company
Corporate legislation source: International Companies Act, 1992
Company name: Can be in any language, with any common ending
Time required for incorporation: 6-8 weeks
Minimum number of directors: 1
Usual minimum capital: 100 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 300 USD 
What information is available on the public file: Registered office, registered agent, Memorandum and Articles of Association
Non-public information: Names of directors and shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 400 USD
Notarial certification: 100 USD
International authentication (Apostille): 100 USD
Legal expenses, filing fees and stamp duties: 190 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 650 USD
Annual tax and duties: 300 USD
Subtotal: 950 USD
Total: 1940 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 950 USD is payable annually beginning from the 1st January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1940 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 295 USD

 

EU
Bulgaria 700 EUR 50 EUR/month 10% of net profit
Bulgaria
INCORPORATION DATASHEET
Method of incorporation / registration: 2 phases - 1, Minutes of incorporation and Articles of Association, signed by the members of the company (no notary certification needed) 2, Registration of the company in the register of companies. The company documents must be in Bulgarian. Personal presence is not required.
Company form: Limited liability company/LTD.
Source of corporate legislation: Commercial Law of the Republic of Bulgaria 48/1991 amending & completing law 38/2006
Possible suffixes to company name EOOD/LTD for Sole Limited liability company
OOD/LTD for Limited liability company
Restrictions on company name: The name must contain OOD/EOOD. The words Bank, Insurance, Global, National, Imperial, European, Investment, Financial, Trust or Insurance may not appear in the company name.
Time required for incorporation: 4 weeks
Number of managers: Minimum 1 manager. Corporate directors are not permitted.
Number of members: One member - EOOD (Sole Limited liability company)
Minimum two members - OOD (Limited liability company)
Capitalisation: Minimum 1 EUR/member
Accounting / reporting requirements: Annual financial statements must be produced. VAT and social security returns must be filed monthly.
Type of shares: Shares are not issued. The capital of the company consists of the stakes of the members, all of which must be at least 10 BGN.
Annual tax and duties: 10% of net profit
Information publicly available: Details of members, manager/s, registered office, autorised capital of the company, sphere of activities.
Registered office: Local registered office suitable for the main activity of the company is required by law
Administrative agent: Not required by law, but highly recommended
Double tax treaty: Bulgaria has an extensive network of DTTs

 

FEES
Incorporation fee: 700 EUR
Registered office: 50 EUR/month
Administration: min. 25 EUR/month
Stamp duties and registration fees: approx. 230 EUR
Notarisation fees: approx. 40 EUR
Opening of bank account: 250 EUR
Romania 780 EUR 80 EUR/month min. 6 months 16% of net profit
Romania
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the member(s) of the company. The company documents must be in Romanian. Declaration must be signed in person before Notary Public in Romania
Company form: Private Limited Liability Company / S.R.L. (SOCIETATE RASPUNDERE LIMITATA)
Source of corporate legislation: Ordinance 32/1997 amending & completing Law 31/1990, Law 195/1997 approving Emergency Ordinance 32/1997
Possible suffixes to company name: S.R.L. / SOCIETATE RASPUNDERE LIMITATA
Restrictions on company name: The word Romania may not appear in the company name
Time required for incorporation: 1-4 weeks
Number of directors: Minimum 1 of any nationality. Corporate directors are also permitted
Number of members: Minimum 1, maximum 50
Capitalisation: Minimum 200 RON (approx. 60 EUR)
Accounting / reporting: Annual financial statements must be produced. VAT and social security returns must be filed monthly
Type of shares: Registered
Annual tax and duties: 16% of net profit
Information publicly available: Details of members and directors
Registered Office: Local registered office suitable for the main activity of the company is required by law
Registered Secretary/Agent: Not required
Double tax treaty: Romania has an extensive network of DTTs

 

FEES
Incorporation fees: 780 EUR
Registered office: 80 EUR/month min. 6 months
Stamp duties and registration fees: approx. 200 EUR
Notarisation fees: approx. 50 EUR
Opening of bank account: 250 EUR

 

UK
Cayman Islands (Exempt) 1550 USD 1400 USD 410 CI$
Cayman Islands (Exempt)
Status: British Overseas Territory
Area, sq.km: 259
Population: 35 500 (2001 July)
Capital: George Town
Business language: English
Currency: Caymanian Dollar (KYD)
Location: Caribbean Islands between Cuba and Honduras
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: Well-established offshore jurisdiction, Sophisticated legal and banking infrastructure
Disadvantages: Minimum 1 annual meeting of directors should be held in the Cayman Islands.
Company status: Exempt company
Corporate legislation source: The Companies Law, 1960
Company name: The words of "Bank", "Trust", "Insurance", "Guarantee", "Consalty", "Royal", "Imperial", "Empire", "Municipal", "Chartered" and Co-operative" must be licensed prior to the registration.
Time required for incorporation: 3-5 weeks
Minimum number of directors: Min. 1 of any nationality
Usual minimum capital: 42 000 CI$
Are accounts required: Not required
Minimum number of shareholders: 1
Type of shares: Registered or bearer / No par value
Annual tax and duties: 410 CI$
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association, Directors.
Non-public information: Shareholders
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Local registered agent is required by law

 

COMPULSORY COSTS (payable prior to incorporation)

 

FORMATION FEES
Incorporation fee: 500 USD
Notarial certification: 200 USD
International authentication (Apostille): 200 USD
Legal expenses, filing fees and stamp duties: 430 USD
Issuing of share certificates and initial minutes and forms: 120 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1550 USD
ANNUAL FEES *
Registered office and registered agent: 1400 USD
Annual tax and duties: 410 CI$
Subtotal: 1400 USD + 410 CI$
Total: 2950 USD + 410 CI$


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1400 USD + 410 CI$ is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2950 USD + 410 CI$ includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 195 USD
Nominee Shareholder: 195 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 395 USD

 

Gibraltar 690 GBP 1240 GBP 50 GBP
Gibraltar
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum of Articles of Association must be signed by the subscriber. The subscribers must be a local persons, licensed for the purpose.
Company legal form: Private Limited Company by shares
Company status: Non-resident Company.
Source of corporate legislation: UK Common Law Act 1929, introduced locally as "The Companies Ordinance".
Possible suffixes to company name: Limited or Ltd.
Restrictions on company name: Prior name approval is required. The terms Bank, Insurance, Royal, Trust, Savings, University, Chamber of Commerce, Euro-, Trustee, Co-operative, and Council may not appear in the company name.
Time required for incorporation: 6-8 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1, but 2 is more usual
Capitalisation: Min. 2 GBP
Accounting / reporting requirements: Annual return is required by law
Type of shares: Registered
Annual tax and duties: 50 GBP
Information publicly available: Registered office and registered secretary, director.
Disclosure of beneficiaries: Required by Financial Services Commission.
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered secretary is required by law.
Double tax treaty: Gibraltar non-resident companies are not subject to DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee: 100 GBP
Notarial certification: 200 GBP
International authentication (Apostille): 200 GBP
Legal expenses, filing fees and stamp duties: 50 GBP
Issuing of share certificates and initial minutes and forms: 50 GBP
Corporate seal: 40 GBP
Courier fees: 50 GBP
Subtotal: 690 GBP
ANNUAL FEES*
Registered office and registered agent: 1240 GBP
Annual tax and duties: 50 GBP
Subtotal: 1290 GBP
Total: 1980 GBP


The annual fees for the first calendar year of existence of the company are payable in full prior to registration, regardless of the actual date of formation of the company.The amount of 1290 GBP, therefore, must be paid both by a company registered in January and also by a company registered in December, and in both cases amount includes only the annual fees for the calendar year in which the company was formed. Subsequently, the amount of 1290 GBP is payable annually, beginning from January 1 of the year following the year in which the company was formed.Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1980 GBP includes the following services:formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office and registered secretary and payment of annual tax for the calendar year in which the company was formed, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Memorandum & Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, share certificates, initial forms and minutes, and 2 company seals and postage of company documents to Budapest. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 495 GBP
Nominee shareholder: 295 GBP
Power of Attorney with Notarial Certification: 195 GBP
Notarial Certification or Apostille: 200 GBP
Certificate of Good Standing: 175 GBP
Certificate of Incumbency 175 GBP

 

Isle of Man (Exempt) 1560 GBP 990 GBP 330 GBP

Isle of Man (Exempt)
Status: British dependent territory
Area, sq.km: 572
Population: 69 788
Capital: Douglas
Business language: English
Currency: GBP
Location: Island in the Irish Sea
Time zone: GMT - 1

 

INCORPORATION DATASHEET
Advantages: High respectability, Sophisticated infrastructure, European jurisdiction
Disadvantages: Expensive for non-trading operations, The incorporation process is quite bureaucratic
Company status: Exempt company
Corporate legislation source: UK Common Law, The Companies Acts 1931 to 2004
Company name: Must end 'Limited' or 'Ltd', 'Public Limited Company' or 'PLC'
Time required for incorporation: 3-5 weeks
Minimum number of directors: 2 of any nationality
Usual minimum capital: No minimum capital requirements
Are accounts required: Yes
Accounts must be prepared and filed. A company need not have its accounts audited if it meets two of the following three criteria:
  • Its annual turnover is GBP 5,6 million or less
  • Its balance sheet total is GBP 2,8 million or less
  • Its average number of employees is 50 or less
Minimum number of shareholders: 1
Type of shares: Registered
Taxation: A company registered in the Isle of Man should submit a tax return to the Isle of Man Treasury. These are not publicly available. All Isle of Man companies are now treated as resident companies. Resident companies are taxed at a rate of 0% on their trading and investment income.
Annual tax and duties: 250 GBP + 70 GBP stamp duty
VAT: For VAT purposes, the Isle of Man is considered as part of UK, instructed by EU directives. The Isle of Man has a Customs and Excise agreement with UK.
What information is available on the public file: Registered office, company secretary, Memorandum & Articles of Association, directors, shareholders
Non-public information: -
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Company secretary is required by law

COMPULSORY COSTS (payable prior to incorporation)

FORMATION FEES
Incorporation fee: 790 GBP
Notarial certification: 195 GBP
International authentication (Apostille): 195 GBP
Legal expenses, filing fees and stamp duties: 190 GBP
Issuing of share certificates and initial minutes and forms: 90 GBP
Corporate seal: 50 GBP
Courier fees: 50 GBP
Subtotal: 1560 GBP
ANNUAL FEES *
Registered office and registered agent: 990 GBP
Annual tax and duties: 330 GBP
Subtotal: 1320 GBP
Total: 2880 GBP


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1320 GBP is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2880 GBP includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (2 private persons): 3000 GBP
Nominee Shareholder: 495 GBP
Notarial Certification: 195 GBP
Certificate of Good Standing: 395 GBP
Special Power of Attorney: 250 GBP

 

Montserrat 775 GBP 750 GBP 200 GBP
Montserrat
Status: Overseas Territory of the UK
Area, sq.km: 100
Population: 7 574
Capital: Plymouth
Business language: English
Currency: Eastern Caribbean Dollar (XCD)
Location: Caribbean Island, southeast of Puerto Rico
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: Very prestigious jurisdiction as a part of UK
Disadvantages: Relative instability due to volcanic activity
Company status: International Business Company
Corporate legislation source: International Business Companies Ordinance of 1985
Company name: All names must end with one of the following words: Company, Co, Corporation, Corp, Limited, Ltd, S.A., Incorporated, Inc.
Time required for incorporation: 4-6 weeks
Minimum number of directors: 1
Usual minimum capital: 50 000 USD
Are accounts required: No
Minimum number of shareholders: 1
Type of shares: Bearer or registered
Annual tax and duties: 200 GBP
What information is available on the public file: Registered office and agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Local registered agent is required by law

COMPULSORY COSTS (payable prior to incorporation)

FORMATION FEES
Incorporation fee: 325 GBP
Notarial certification: 100 GBP
International authentication (Apostille): 100 GBP
Legal expenses, filing fees and stamp duties: 90 GBP
Issuing of share certificates and initial minutes and forms: 100 GBP
Corporate seal: 30 GBP
Courier fees: 30 GBP
Subtotal: 775 GBP
ANNUAL FEES *
Registered office and registered agent: 750 GBP
Annual tax and duties: 200 GBP
Subtotal: 950 GBP
Total: 1725 GBP


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 950 GBP is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1725 GBP includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 395 GBP
Nominee Director (corporate body): 195 GBP
Nominee Shareholder: 195 GBP
Power of Attorney: 195 GBP
Notarial Certification: 95 GBP
Certificate of Good Standing: 195 GBP

 

Turks & Caicos 990 USD 990 USD 300 USD
Turks Caicos
Status: Overseas Territory of the UK
Area, sq.km: 430
Population: 18 000 (2001 July)
Capital: Cockburn Town
Business language: English
Currency: US Dollar (USD)
Location: Caribbean Island to southeast of Bahamas
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: 20 years guaranteed tax exemption, Very quick formation procedure
Disadvantages: -
Company status: International Business Company
Corporate legislation source: Companies Ordinance, 1991
Company name: The names may be in any language and does not need to end with 'Limited'
Time required for incorporation: 3-5 weeks
Minimum number of directors: 1
Usual minimum capital: No minimum
Are accounts required: No
Minimum number of shareholders: 1
Type of shares: Bearer or registered
Annual tax and duties: 300 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Local registered agent is required by law

COMPULSORY COSTS (payable prior to incorporation)

FORMATION FEES
Incorporation fee: 400 USD
Notarial certification: 100 USD
International authentication (Apostille): 140 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES *
Registered office and registered agent: 990 USD
Annual tax and duties: 300 USD
Subtotal: 1290 USD
Total: 2280 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1290 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2280 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 295 USD
Nominee Shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 395 USD

 

USA
Delaware - LLC 995 USD 695 USD 200 USD
Delaware - LLC
INCORPORATION DATASHEET
Method of incorporation / registration: The Certificate of Formation must be signed by the organiser of the Company. The organiser may be any private person or corporate body without restriction.
Company legal form: Limited Liability Company
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of Delaware, 1990.
Possible suffixes to company name: LLC or Limited Liability Company.
Restrictions on company name: The terms Bank, Insurance, University, Trust and Trustee may not appear in the company name.
Time required for incorporation: 2-3 weeks
Number of directors: Minimum 1 manager of any nationality.
Number of shareholders: Minimum 1 member
Capitalisation: No minimum requirements
Accounting / reporting requirements: The filling of reports is not required by the Secretary of State.„FBAR" foreign bank account report required annually.
Type of shares: No shares are issued.
Annual tax and duties: 200 USD
Information publicly available: Company name, registered office, registered agent.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee: 290 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 215 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 995 USD
ANNUAL FEES*
Registered office and registered agent: 695 USD
Annual tax and duties: 200 USD
Subtotal: 895 USD
Total: 1890 USD


*The annual fees for the first year of existence of the company are payable prior to registration.Subsequently, the amount of 895 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1890 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent for 1 year, annual tax for the 1st year, luxury leather corporate kit containing Certificate of Formation with State Secretary and Apostille certification, Operating Agreement, certificates of ownership, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Incumbency: 330 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD


Fees payable from the second year. Registered office and registered agent, annual tax and duties: 895 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

Nevada LLC 890 USD 690 USD 300 USD
Nevada LLC
INCORPORATION DATASHEET
Method of incorporation / registration: The Articles of Organization must be signed by the organiser of the company. The organiser may be any private person or corporate body without restriction.
Company legal form: Limited Liability Company.
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of Nevada.
Possible suffixes to company name: LLC or Limited Liability Company.
Restrictions on company name: The terms Bank, Insurance, Trust, Trustee and University may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 manager of any nationality.
Number of shareholders: Minimum 1 member
Capitalisation: No minimum
Accounting / reporting requirements: All Nevada LLCs require a Nevada Business License. In order to obtain the license, form SS-4 must be filed with the IRS. Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued.
Annual tax and duties: 300 USD
Information publicly available: Registered office, registered agent, managers.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 290 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 100 USD
Issuing of share certificates and initial minutes and forms: 80 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 890 USD
ANNUAL FEES*
Registered office and registered agent: 690 USD
Annual tax and duties: 300 USD
Subtotal: 990 USD
Total: 1880 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 990 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1880 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Article of Organization with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 430 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD

 

Fees payable from the second year. Registered office and registered agent, annual tax and duties: 990 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

New York - LLC 1895 USD 890 USD -
New York - LLC
INCORPORATION DATASHEET
Method of incorporation / registration: The Articles of Organization must be signed by the organiser of the company. The organiser may be any private person or corporate body without any restriction.
Company form: Limited Liability Company.
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of New York, 1994.
Possible suffixes to company name: LLC, Limited Liability Company
Restrictions on company name: The terms Bank, Invest, Investment, Finance, Financial, Insurance, University may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 manager of any nationality
Number of shareholders: Minimum 1 member
Capitalisation: No minimum
Accounting / reporting requirements: The filing of reports is required by the Secretary of State.Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued.
Annual tax and duties: -
Information publicly available: Registered office, registered agent and managers.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 975 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 425 USD
Issuing of share certificates and initial minutes and forms: 75 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1895 USD
ANNUAL FEES*
Registered office and registered agent: 890 USD
Annual tax and duties: -
Subtotal: 890 USD
Total: 2785 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 890 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 2785 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Articles of Organization with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 430 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD


Fees payable from the second year. Registered office and registered agent: 890 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

Utah - LLC 990 USD 690 USD 200 USD
Utah - LLC
INCORPORATION DATASHEET
Method of incorporation / registration: The Articles of Organization must be signed by the Manager of the company. The original document is submitted to the Secretary of State for filing.
Company legal form: Limited Liability Company.
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of Utah, 1991.
Possible suffixes to company name: LLC, Limited Liability Company, LC or Limited Company.
Restrictions on company name: The terms Bank, Insurance, Trust, Trustee and University may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 manager of any nationality
Number of shareholders: Minimum 1 member
Capitalisation: No minimum
Accounting / reporting requirements: The filing of a short report is required by the Secretary of State. Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued.
Annual tax and duties: 200 USD
Information publicly available: Registered office, registered agent, managers.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee: 290 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 210 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 690 USD
Annual tax and duties: 200 USD
Subtotal: 890 USD
Total: 1880 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 890 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1880 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Article of Organization with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 430 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD

 

Fees payable from the second year. Registered office and registered agent, annual tax and duties: 890 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

Washington DC - LLC 1095 USD 700 USD 90 USD + 150 USD
Washington DC - LLC
REGISTRATION DATASHEET
Method of incorporation / registration: The Articles of Organization must be signed by the organiser of the Company. The original documents submitted to the Secretary of State for filing.
Company form: Limited Liability Company.
Company status: Non-resident company.
Source of corporate legislation: Limited Liability Company Act of State of Columbia.
Possible suffixes to company name: LLC or Limited Liability Company.
Restrictions on company name: The terms Bank, Insurance, University, Trust and Trustee may not appear in the company name.
Time required for incorporation: 3-4 weeks
Number of directors: Minimum 1 manager of any nationality
Number of shareholders: Minimum 1 member is required
Capitalisation: No minimum
Accounting / reporting requirements: A short annual report is required by the Secretary of State. Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued
Annual tax and duties: 65 USD + 25 USD filing fee
Information publicly available: Registered office, registered agent, managers
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 215 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1095 USD
ANNUAL FEES*
Registered office and registered agent: 700 USD
Annual tax and duties + TWO-year report filing fee: 90 USD + 150 USD
Subtotal: 940 USD
Total: 2035 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 940 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 2035 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Articles of Organization with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 330 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD

 

Fees payable from the second year. Registered office and registered agent, annual tax and duties + TWO-year report filing fee: 940 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

Wyoming - LLC 995 USD 795 USD 100 USD
Wyoming - LLC
REGISTRATION DATASHEET
Method of incorporation / registration: The Certificate of Formation must be signed by the organiser of the Company. The organiser may be any private person or corporate body without restriction.
Company form: Limited Liability Company
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of Wyoming, 1977.
Possible suffixes to company name: LLC or Limited Liability Company.
Restrictions on company name: The terms Bank, Insurance, University, Trust and Trustee may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 manager of any nationality
Number of shareholders: Minimum 1 member
Capitalisation: No minimum
Accounting / reporting requirements: A short annual report is required by the Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued
Annual tax and duties: 100 USD
Information publicly available: Company name, managers, registered office, registered agent.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 95 USD
International authentication (Apostille): 95 USD
Legal expenses, filing fees and stamp duties: 245 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 995 USD
ANNUAL FEES*
Registered office and registered agent: 795 USD
Annual tax and duties: 100 USD
Subtotal: 895 USD
Total: 1890 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 895 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1890 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Certificate of Formation with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 330 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD

 

Fees payable from the second year. Registered office and registered agent, annual tax and duties: 895 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

Offshore jurisdictions in alphabetical order

Offshore jurisdictions in geopolitical order »
Flag Jurisdiction Formation fees Fee for Registered Office and Registered Agent Annual Tax and Duties Details
Anguilla 995 USD 795 USD 200 USD
Anguilla

The biggest advantage of Anguilla maybe lies in the fact that it is not particularly well known as an Offshore Financial Centre, and as such has not been exposed over the past two decades. A further advantage is that, formally at least, it is still part of Great Britain, even if it is largely independent when it comes to legislation.
Anguilla
Status: Stable British Dependent Territory
Area, sq.km: 91
Population: 13 600
Capital: The Valley
Business language: English
Currency: East Caribbean Dollar (XCD)
Location: Caribbean Island, east of Puerto Rico
Map
Time zone: GMT - 4

 

INCORPORATION DATASHEET
Advantages: Low taxes, Traditional IBC company can be registered
Disadvantages: Blacklisted in many EU countries
Company status: International Business Company
Corporate legislation source: International Business Companies Act
Company name: All names must end with the following words: Incorporated, Inc., Corporation, Corp., Limited, LTD.
Time required for incorporation: 2-3 weeks
Minimum number of directors: 1
Usual minimum capital: 1 USD
Are accounts required: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered, original share certificates must be kept at the place of registration
Annual tax and duties: 200 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Local registered agent is required by law

COMPULSORY COSTS (payable prior to incorporation)

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 115 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 995 USD
ANNUAL FEES *
Registered office and registered agent: 795 USD
Annual tax and duties: 200 USD
Subtotal: 995 USD
Total: 1990 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 995 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1990 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for 1 year, annual tax for the 1st year, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Shareholder: 290 USD
Power of Attorney: 390 USD
Notarial Certification: 160 USD
Certificate of Good Standing: 330 USD

LAVECO Ltd. is pleased to offer its clients shelf companies in Anguilla which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SPECIAL OFFER
Formation fees including annual fees for the first year.
Ready made company with nominee director and notarised Power of Attorney:
3070 USD
Fees payable from the second year.
Annual tax and duties, registered office and registered agent, nominee director and notarised Power of Attorney:
2075 USD
Antigua 1490 USD 990 USD 300 USD
Antigua
Status Constitutional monarchy
Area, sq.km: 442
Population: 67 000 (2001 July)
Capital: Saint John's
Business language: English
Currency: East Caribbean Dollar (XCD)
Location: Caribbean Islands, east-southeast of Puerto-Rico
Time zone: GMT - 4

 

INCORPORATION DATASHEET
Advantages: Zero tax jurisdiction
Disadvantages: Blacklisted in EU countries
Company status: International Business Company
Corporate legislation source: Business Corporations Act, 1982
Company name: All names must end with the following words: Incorporated, Inc., Corporation, Corp., Limited, LTD.
Time required for incorporation: 3-5 weeks
Minimum number of directors: 1
Usual minimum capital: 1 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 300 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

 

COMPULSORY COSTS (payable prior to registration)

 

FORMATION FEES
Incorporation fee: 490 USD
Notarial certification: 150 USD
International authentication (Apostille): 250 USD
Legal expenses, filing fees and stamp duties: 300 USD
Issuing of share certificates and initial minutes and forms: 200 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1490 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 300 USD
Subtotal: 1290 USD
Total: 2780 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1290 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2780 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 295 USD

 

Barbados 2090 USD 1190 USD 100 USD
Barbados
Status: Parliamentary democracy
Area, sq.km: 430
Population: 275 000 
Capital: Bridgetown
Business language: English
Currency: Barbadian Dollar (BBD)
Location: Atlantic Ocean, north-east of Venezuela
Time zone: GMT - 4

 

INCORPORATION DATASHEET
Advantages: Low taxes, Growing number of double tax treaties
Disadvantages: -
Company status: International Business Company
Corporate legislation source: International Business Companies Act, 1991
Company name: All names must end with the following words: Incorporated, Inc., Corporation, Corp., Limited, LTD.
Time required for incorporation: 3-5 weeks
Minimum number of directors: 1
Usual minimum capital: 1 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Registered
Annual tax and duties: 100 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association, shareholders
Non-public information: Directors
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 790 USD
Notarial certification: 150 USD
International authentication (Apostille): 250 USD
Legal expenses, filing fees and stamp duties: 600 USD
Issuing of share certificates and initial minutes and forms: 200 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 2090 USD
ANNUAL FEES*
Registered office and registered agent: 1190 USD
Annual tax and duties: 100 USD
Subtotal: 1290 USD
Total: 3380 USD


*The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1290 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 3380 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 290 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 295 USD

 

Belize - IBC 590 USD 780 USD 100 USD
Belize - IBC

This little known small country in Central America offers truly excellent opportunities for the formation of IBC-type companies. Thanks to more than two decades of stability it is one of the most popular jurisdictions, among LAVECO clients, too.
Special offerBelize
IBC
SPECIAL OFFER: Belize
Status Parliamentary democracy
Area, sq.km: 22,966
Population: 333,200 
Capital: Belmopan
Business language: English
Currency: Belize dollar (BZD)
Location: on the Caribbean coast of northern Central America
Map
Time zone: GMT -7

 

INCORPORATION DATASHEET

Method of incorporation / registration:

The Memorandum and Articles of Association must be signed by the subscriber. The subscriber must be a local person licensed for the purpose.
Company legal form: Private Limited Company by shares
Company status: International Business Company (I.B.C.).
Source of corporate legislation: Common Law - International Business Companies Act, 1990.
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., S.A., Corp., Corporation.
Restrictions on company name: The terms Bank, Imperial, Insurance, Chamber of Commerce, Trust, Trustee and Royal may not appear in the company name.
Time required for incorporation: 2-3 weeks.
Number of directors: Minimum 1 of any nationality.
Number of shareholders: Minimum 1.
Capitalisation: No minimum.
Accounting / reporting requirements: Not applicable.
Type of shares: Bearer and registered. Bearer share certificates must be kept by the registered agent in Belize.
Annual tax and duties: Minimum 100 USD if the authorized capital is less than 50 000 USD
Information publicly available: Registered office and registered agent.
Disclosure of beneficiaries: Not required.
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Belizean IBCs are not subject to DTTs.

 

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 100 USD
Notarial certification: 100 USD
International authentication (Apostille): 110 USD
Legal expenses, filing fees and stamp duties: 100 USD
Issuing of share certificates and initial minutes and forms: 80 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 590 USD

 

ANNUAL FEES
Registered office and registered agent: 780 USD
Annual tax and duties: 100 USD
Subtotal: 880 USD
Total:

1470 USD

special offer - offshore company registration on the Belize


* The annual fees for the first year are payable at the time of incorporation, and include the tax and registered agent fees for the calendar year in which the company is incorporated.
The amount of 880 USD, payable annually, is due in the year following incorporation as follows:

  • for companies incorporated between January and July, by the first day of the month preceding the month of incorporation, but by July 1st at the latest
  • for companies incorporated between August and December, by July 1st of the subject year.

Failure to pay the annual fees will result in the company being struck off the register of companies.

The amount of 1470 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for 1 year, annual tax for the 1st year, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee director (private person): 590 USD
Nominee shareholder: 290 USD
Certificate of Incumbency: 330 USD
Power of Attorney with Notarial Certification: 290 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD


LAVECO Ltd. is pleased to offer its clients shelf companies in Belize which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Ready-made company in Belize with nominee director and shareholder, certified power of attorney, incorporation fees and annual fees for the calendar year in which the company is incorporated:

2800 USD

Special offer on SHELF Offshore COMPANIES Belize

Fees payable from the second year.
Annual tax and duties, registered office and registered agent, nominee director and shareholder and notarised Power of Attorney:
2050 USD

 

Special offer: SeychellesSPECIAL OFFER

LAVECO Ltd. is pleased to offer its clients this
UNBEATABLE DISCOUNT

“The cheapest offshore company - BELIZE”



COMPANY FROM BELIZE
with an exceptional discount!

The price is just 1470 USD:

special offer - offshore company registration on the Belize

Formation of the company in Belize includes the following services:

  • Formation of the company,
  • Duties payable to the local authorities for the registration of the company,
  • Registration-related administration,
  • Provision of registered office for the calendar year in which the company is incorporated,
  • Provision of registered agent for the calendar year in which the company is incorporated,
  • annual tax for the 1st year
  • Delivery of the company documents to the relevant office of the LAVECO Group
  • Handmade luxury leather corporate kit containing the following documents:
    • Certificate of Incorporation,
    • Memorandum & Articles of Association,
    • Appointment of First Directors,
    • Bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification,
    • Share certificate(s),
    • Minutes of directors’ and shareholders’ meetings,
    • Registers of directors and shareholders,
    • Company seal and company stamp.

So, for 1 250 USD  you get a company from Belize, with its fees for the first calendar year fully paid.

THIS OFFER IS AVAILABLE UNTIL DECEMBER 31ST 2013!

Fees payable from the second year are 880 USD, including:

  • Registered office,
  • Registered agent,
  • Annual tax and duties.

 

AND THIS MIGHT PROVE EVEN MORE ATTRACTIVE:

Special offer on SHELF COMPANIES:

Shelf company in Belize, including: incorporation and annual fees for the calendar year in which the company is incorporated, nominee director and shareholder, and a certified power of attorney with Apostille.

The price is just 2 510 USD

Special offer on SHELF Offshore COMPANIES Belize

THIS OFFER IS AVAILABLE UNTIL DECEMBER 31ST 2013!

 Fees payable from the second year are 2050 USD, including:

  • Annual tax and duties,
  • Registered office and agent,
  • Nominee director,
  • Nominee shareholder,
  • A power of attorney with Apostille

Special offerSee also:
- Special offer: Hong Kong
- Special offer: The Seychelles
- Special offer: Cyprus

British Virgin Islands 980 USD 890 USD 350 USD
British Virgin Islands

The leading jurisdiction in the world offshore market, which basically introduced the IBC company format in 1984. Numerous countries and jurisdictions subsequently “copied” the company law. From the point of view of the number of companies formed, over the last 10 years the BVI has always been among the podium places. Extremely popular and the preferred jurisdiction of lawyers in particular.
British Virgin Islands
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscriber. The subscriber must be a local person, licensed for the purpose.
Company legal form: Private Limited Company by shares
Company status: International Business Company (I.B.C.).
Source of corporate legislation: The International Business Companies Ordinance, 1984.
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., Corp., Corporation or S.A.
Restrictions on company name: The terms Bank, Insurance, Trust, Trustee, Chamber of Commerce, Municipal, Royal, British may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: No minimum requirements
Accounting / reporting requirements: Accounts not required, but documents of transactions must be kept.
Type of shares: Registered
Annual tax and duties: Minimum 350 USD if the authorized capital less than 50 000 USD
Information publicly available: Memorandum and Articles of Association, registered office and registered agent
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: The BVI have DTTs with Japan and Switzerland.

 COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 380 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 110 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 980 USD
ANNUAL FEES*
Registered office and registered agent: 890 USD
Annual tax and duties: 350 USD
Subtotal: 1240 USD
Total: 2220 USD

 * The annual fees for the first year are payable at the time of incorporation, and include the tax and registered agent fees for the calendar year in which the company is incorporated.

The amount of 1240 USD, payable annually, is due in the year following incorporation as follows:

  • for companies incorporated in the first half of the year, by April 1st of the subject year
  • for companies incorporated in the second half of the year, by October 1st of the subject year

The amount of 2220 USD includes the following services: formation of the company with authorised capital up to 50 000 USD, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for the calendar year in which the company is incorporated, annual tax for the calendar year in which the company is incorporated, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee shareholder: 290 USD
Certificate of Incumbency: 430 USD
Power of Attorney with Notarial Certification: 390 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD



LAVECO Ltd. is pleased to offer its clients shelf companies in BVI, which are available at the same price. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Incorporation fee, including annual fees for the calendar year in which the company is established:
Ready made BVI company with nominee director, nominee shareholder and notarised Power of Attorney:

3590 USD
Fees payable from the second year. Annual tax and duties, registered office and registered agent, nominee director, nominee shareholder and notarised Power of Attorney: 2610 USD
Bulgaria 700 EUR 50 EUR/month 10% of net profit
Bulgaria
INCORPORATION DATASHEET
Method of incorporation / registration: 2 phases - 1, Minutes of incorporation and Articles of Association, signed by the members of the company (no notary certification needed) 2, Registration of the company in the register of companies. The company documents must be in Bulgarian. Personal presence is not required.
Company form: Limited liability company/LTD.
Source of corporate legislation: Commercial Law of the Republic of Bulgaria 48/1991 amending & completing law 38/2006
Possible suffixes to company name EOOD/LTD for Sole Limited liability company
OOD/LTD for Limited liability company
Restrictions on company name: The name must contain OOD/EOOD. The words Bank, Insurance, Global, National, Imperial, European, Investment, Financial, Trust or Insurance may not appear in the company name.
Time required for incorporation: 4 weeks
Number of managers: Minimum 1 manager. Corporate directors are not permitted.
Number of members: One member - EOOD (Sole Limited liability company)
Minimum two members - OOD (Limited liability company)
Capitalisation: Minimum 1 EUR/member
Accounting / reporting requirements: Annual financial statements must be produced. VAT and social security returns must be filed monthly.
Type of shares: Shares are not issued. The capital of the company consists of the stakes of the members, all of which must be at least 10 BGN.
Annual tax and duties: 10% of net profit
Information publicly available: Details of members, manager/s, registered office, autorised capital of the company, sphere of activities.
Registered office: Local registered office suitable for the main activity of the company is required by law
Administrative agent: Not required by law, but highly recommended
Double tax treaty: Bulgaria has an extensive network of DTTs

 

FEES
Incorporation fee: 700 EUR
Registered office: 50 EUR/month
Administration: min. 25 EUR/month
Stamp duties and registration fees: approx. 230 EUR
Notarisation fees: approx. 40 EUR
Opening of bank account: 250 EUR
Cayman Islands (Exempt) 1550 USD 1400 USD 410 CI$
Cayman Islands (Exempt)
Status: British Overseas Territory
Area, sq.km: 259
Population: 35 500 (2001 July)
Capital: George Town
Business language: English
Currency: Caymanian Dollar (KYD)
Location: Caribbean Islands between Cuba and Honduras
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: Well-established offshore jurisdiction, Sophisticated legal and banking infrastructure
Disadvantages: Minimum 1 annual meeting of directors should be held in the Cayman Islands.
Company status: Exempt company
Corporate legislation source: The Companies Law, 1960
Company name: The words of "Bank", "Trust", "Insurance", "Guarantee", "Consalty", "Royal", "Imperial", "Empire", "Municipal", "Chartered" and Co-operative" must be licensed prior to the registration.
Time required for incorporation: 3-5 weeks
Minimum number of directors: Min. 1 of any nationality
Usual minimum capital: 42 000 CI$
Are accounts required: Not required
Minimum number of shareholders: 1
Type of shares: Registered or bearer / No par value
Annual tax and duties: 410 CI$
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association, Directors.
Non-public information: Shareholders
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Local registered agent is required by law

 

COMPULSORY COSTS (payable prior to incorporation)

 

FORMATION FEES
Incorporation fee: 500 USD
Notarial certification: 200 USD
International authentication (Apostille): 200 USD
Legal expenses, filing fees and stamp duties: 430 USD
Issuing of share certificates and initial minutes and forms: 120 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1550 USD
ANNUAL FEES *
Registered office and registered agent: 1400 USD
Annual tax and duties: 410 CI$
Subtotal: 1400 USD + 410 CI$
Total: 2950 USD + 410 CI$


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1400 USD + 410 CI$ is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2950 USD + 410 CI$ includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 195 USD
Nominee Shareholder: 195 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 395 USD

 

Cook Islands 1990 USD 1990 USD 500 USD
Cook Islands
Status Dependent territory of New Zealand
Area, sq.km: 240,1
Population: 20 600 (2001 July)
Capital: Avarua
Business language: English
Currency: New Zealand Dollar (NZD)
Location: 15 islands to the north-east of New Zealand in the Pacific Ocean
Time zone: GMT + 12

 

INCORPORATION DATASHEET
Advantages: High level of confidentiality
Disadvantages: Not a well-known jurisdiction
Company status: International Company
Corporate legislation source: International Companies Act, 1981-82
Company name: All names must end with one of the following words: Limited, Ltd., Corporation, Corp., Incorporated, Inc.
Time required for incorporation: 6-8 weeks
Minimum number of directors: 1
Usual minimum capital: 1 million USD (not compulsory)
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 500 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 1390 USD
Notarial certification: 100 USD
International authentication (Apostille): 150 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1990 USD
ANNUAL FEES*
Registered office and registered agent: 1990 USD
Annual tax and duties: 500 USD
Subtotal: 2490 USD
Total: 4480 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 2490 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 4480 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 395 USD

 

Cyprus 790 EUR 780 EUR 12,5%
Cyprus

37 years at the top! The system in Cyprus provided in the past, still provides today and can be expected to continue to provide in the long term a uniquely stable opportunity for the registration of international holding and trading companies. The tax system is excellent, in both European and worldwide terms, for those wishing to place their wealth securely in the long run. The more than 60 agreements for the avoidance of double taxation signed by Cyprus facilitate the redistribution of income from dividends, interest and royalties to Cyprus and the further forwarding of such incomes to other jurisdictions.

Speciális ajánlatCyprus
INCORPORATION DATASHEET

SPECIAL OFFER: Cyprus
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the shareholders of the company. The minimum number of shareholders is 1.
Company legal form: Private Limited Company by shares
Company status: Resident Company
Source of corporate legislation: International Trust Law of Cyprus.
Possible suffixes to company name: Ltd., Limited.
Restrictions on company name: The terms Bank, Insurance, Global, National, Imperial, European, Cooperative, World-wide, Investment, Financial and Trust may not appear in the company name.
Time required for incorporation: 6-8 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: No minimum requirement, usually 1000 EUR the payment of which is not obligatory.
Accounting / reporting requirements: Yes. Audited accounts are required annually.
Type of shares: Registered
Annual tax and duties: 12,5% and 350 EUR in case the company was active in the subject year
Information publicly available: Registered office, directors, secretary, shareholders.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Company secretary is required by law.
Double tax treaty: Cyprus has an extensive network of DTTs

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 270 EUR
Notarial certification: 90 EUR
International authentication (Apostille): 90 EUR
Legal expenses, filing fees and stamp duties: 70 EUR
Issuing of share certificates and initial minutes and forms: 80 EUR
Compulsory Tax Registration Fee 100 EUR
Corporate seal: 45 EUR
Courier fees: 45 EUR
Subtotal: 790 EUR
ANNUAL FEES*
Registered office and registered agent: 390 EUR
Company secretary: 390 EUR
Annual tax and duties: 12,5% of net profit and 350 EUR in case the company was active in the subject year
Subtotal: 780 EUR
Total: 1570 EUR


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 780 EUR is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1570 EUR includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and secretary for 1 year, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation in Greek, official English translation of the Certificate of Incorporation with international (Apostille) certification, Memorandum & Articles of Association in Greek with official English translation with international (Apostille) certification , Appointment of First Directors, Certificate of Directors and Secretary with international (Apostille) certification, Certificate of Shareholders with international (Apostille) certification, Certificate of Registered Office with international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors, secretaries and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 980 EUR
Nominee Director (corporate body): 590 EUR
Nominee shareholder: 210 EUR
Accounting & auditing fee: Varies according to the number of transactions involved.
Special Power of Attorney with Apostille
(director is private person):
290 EUR
Special Power of Attorney with Apostille authentication (director is corporate body): 390 EUR
Notarial Certification or Apostille: 90 EUR
Certificate of Good Standing: 90 EUR
Certificate of Tax Residence: 275 EUR

LAVECO Ltd. is pleased to offer its clients shelf companies in Cyprus. Contact our office for details and a list of shelf companies, or visit our Cyprus website. The price of shelf companies varies according to the level of optional services required.

SHELF COMPANY PACKAGE
Formation fees including annual fees for the first year.
Minimum package: ready made Cyprus company with the client as a director, registered office and secretary
1570 EUR
Fees payable from the second year.
Minimum package: registered office and secretary
780 EUR

 

Special offer: Cyprus

SPECIAL OFFER

LAVECO Ltd. is pleased to offer its clients
companies in Cyprus
at extremely attractive rates!


Formation of the Cyprus company:

Special offer: Cyprus
 instead of 3 360 EUR

Formation of the company includes the following services:

  • Registration of the company,
  • Duties payable to the local authorities for the registration of the company,
  • Registration-related administration,
  • Delivery of the company documents to the relevant office of the LAVECO Group,
  • Registered Office for one year,
  • Registered Secretary for one year,
  • Company Director for one year,
  • Nominee Shareholder for 1 year,
  • Luxury leather corporate kit containing
    • Certificate of Incorporation in Greek,
    • Official English translation of the Certificate of Incorporation with international (Apostille) certification,
    • Memorandum & Articles of Association in Greek with official English translation with international (Apostille) certification,
    • Appointment of First Directors,
    • Certificate of Directors and Secretary with international (Apostille) certification,
    • Certificate of Shareholders with international (Apostille) certification,
    • Certificate of Registered Office with international (Apostille) certification,
      minutes of directors’ and shareholders’ meetings,
    • Share certificate(s),
    • Registers of directors, secretaries and shareholders,
    • Special Power of Attorney with Apostille,
    • Company seal, company stamp
  •   Cyprus Bank account
Annual fees payable from the second year:   Special offer: Cyprus
 instead of 2 260 EUR

Annual fees payable from the second year include:

  • Registered Office,
  • Registered Secretary,
  • Company Director,
  • Nominee Shareholder,
  • Special Power of Attorney with Apostille.

Special offerSee also:
- Special offer: Hong Kong
- Special offer: Belize
- Special offer: The Seychelles

Delaware - LLC 995 USD 695 USD 200 USD
Delaware - LLC
INCORPORATION DATASHEET
Method of incorporation / registration: The Certificate of Formation must be signed by the organiser of the Company. The organiser may be any private person or corporate body without restriction.
Company legal form: Limited Liability Company
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of Delaware, 1990.
Possible suffixes to company name: LLC or Limited Liability Company.
Restrictions on company name: The terms Bank, Insurance, University, Trust and Trustee may not appear in the company name.
Time required for incorporation: 2-3 weeks
Number of directors: Minimum 1 manager of any nationality.
Number of shareholders: Minimum 1 member
Capitalisation: No minimum requirements
Accounting / reporting requirements: The filling of reports is not required by the Secretary of State.„FBAR" foreign bank account report required annually.
Type of shares: No shares are issued.
Annual tax and duties: 200 USD
Information publicly available: Company name, registered office, registered agent.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee: 290 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 215 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 995 USD
ANNUAL FEES*
Registered office and registered agent: 695 USD
Annual tax and duties: 200 USD
Subtotal: 895 USD
Total: 1890 USD


*The annual fees for the first year of existence of the company are payable prior to registration.Subsequently, the amount of 895 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1890 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent for 1 year, annual tax for the 1st year, luxury leather corporate kit containing Certificate of Formation with State Secretary and Apostille certification, Operating Agreement, certificates of ownership, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Incumbency: 330 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD


Fees payable from the second year. Registered office and registered agent, annual tax and duties: 895 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

Dominica 1290 USD 990 USD 150 USD
Commonwealth of Dominica
Status Parliamentary Democracy
Area, sq.km: 754
Population: 110 000
Capital: Roseau
Business language: English
Currency: East Caribbean Dollar (XCD)
Location: Caribbean Island, between Puerto Rico and Trinidad & Tobago
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: Total tax exemption for IBCs (No tax jurisdiction)
Disadvantages: Relatively new offshore centre
Company legal form: Private Limited Company by Shares
Company status: International Business Company (I.B.C.)
Corporate legislation source: The IBC Act of 1996
Company name: All names must end with 'Limited, LTD., Incorporated, Inc., Corporation, Corp., S.A.'
Time required for incorporation: 4-5 weeks
Minimum number of directors: 1
Usual minimum capital: 100 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer and registered. Bearer share certificates must be kept by the registered agent in Dominica.
Annual tax and duties: 150 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty Dominican IBCs are not subject to DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 600 USD
Notarial certification: 140 USD
International authentication (Apostille): 200 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1290 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 150 USD
Subtotal: 1140 USD
Total: 2430 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1140 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2430 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 295 USD
Power of Attorney with Notorial Certification: 390 USD
Notarial Certification or Apostille: 140 USD
Certificate of Incumbency: 330 USD
Certificate of Good Standing: 330 USD

LAVECO Ltd. is pleased to offer its clients shelf companies in Dominica which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE
Formation fees including annual fees for the calendar year in which the company is incorporated.
Ready-made company in Dominica with incorporation and annual fees for the calendar year in which the company is incorporated, nominee director and shareholder, and a certified power of attorney with Apostille.

3 805 USD

Fees payable from the second year.
Annual tax and duties, registered office and registered agent, nominee director and shareholder and notarised Power of Attorney
2 515 USD

 

Gibraltar 690 GBP 1240 GBP 50 GBP
Gibraltar
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum of Articles of Association must be signed by the subscriber. The subscribers must be a local persons, licensed for the purpose.
Company legal form: Private Limited Company by shares
Company status: Non-resident Company.
Source of corporate legislation: UK Common Law Act 1929, introduced locally as "The Companies Ordinance".
Possible suffixes to company name: Limited or Ltd.
Restrictions on company name: Prior name approval is required. The terms Bank, Insurance, Royal, Trust, Savings, University, Chamber of Commerce, Euro-, Trustee, Co-operative, and Council may not appear in the company name.
Time required for incorporation: 6-8 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1, but 2 is more usual
Capitalisation: Min. 2 GBP
Accounting / reporting requirements: Annual return is required by law
Type of shares: Registered
Annual tax and duties: 50 GBP
Information publicly available: Registered office and registered secretary, director.
Disclosure of beneficiaries: Required by Financial Services Commission.
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered secretary is required by law.
Double tax treaty: Gibraltar non-resident companies are not subject to DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee: 100 GBP
Notarial certification: 200 GBP
International authentication (Apostille): 200 GBP
Legal expenses, filing fees and stamp duties: 50 GBP
Issuing of share certificates and initial minutes and forms: 50 GBP
Corporate seal: 40 GBP
Courier fees: 50 GBP
Subtotal: 690 GBP
ANNUAL FEES*
Registered office and registered agent: 1240 GBP
Annual tax and duties: 50 GBP
Subtotal: 1290 GBP
Total: 1980 GBP


The annual fees for the first calendar year of existence of the company are payable in full prior to registration, regardless of the actual date of formation of the company.The amount of 1290 GBP, therefore, must be paid both by a company registered in January and also by a company registered in December, and in both cases amount includes only the annual fees for the calendar year in which the company was formed. Subsequently, the amount of 1290 GBP is payable annually, beginning from January 1 of the year following the year in which the company was formed.Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1980 GBP includes the following services:formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office and registered secretary and payment of annual tax for the calendar year in which the company was formed, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Memorandum & Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, share certificates, initial forms and minutes, and 2 company seals and postage of company documents to Budapest. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 495 GBP
Nominee shareholder: 295 GBP
Power of Attorney with Notarial Certification: 195 GBP
Notarial Certification or Apostille: 200 GBP
Certificate of Good Standing: 175 GBP
Certificate of Incumbency 175 GBP

 

Grenada 2090 USD 1190 USD 100 USD
Grenada
Status Constitutional monarchy
Area, sq.km: 340
Population: 89 000 (2001)
Capital: Saint George's
Business language: English
Currency: East Caribbean Dollar (XCD)
Location: Caribbean Sea, north of Trinidad & Tobago
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: 20 years tax exemption. Zero tax jurisdiction
Disadvantages: -
Company status: International Business Company
Corporate legislation source: International Business Companies Act
Company name: All names must end with the following words: Incorporated, Inc., Corporation, Corp., Limited, LTD.
Time required for incorporation: 5-6 weeks
Minimum number of directors: 1
Usual minimum capital: 1 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Registered
Annual tax and duties: 100 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

 COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 790 USD
Notarial certification: 150 USD
International authentication (Apostille): 250 USD
Legal expenses, filing fees and stamp duties: 600 USD
Issuing of share certificates and initial minutes and forms: 200 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 2090 USD
ANNUAL FEES*
Registered office and registered agent: 1190 USD
Annual tax and duties: 100 USD
Subtotal: 1290 USD
Total: 3380 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1290 USD is payable annually beginning from the 1st of January of the year following the year of incorporation. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 3380 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 195 USD

 

Hong Kong 634 USD 990 USD 416 USD
Hong Kong

The success of Hong Kong in the international company world has remained unbroken since being returned to communist China. The Chinese leaders wisely left the English system unchanged, and have not allowed others to have a say in the operation of the city state either. Hong Kong is a leader in the number of companies formed, not only in the region, but also at the world level. More and more LAVECO clients who wish to arrange their affairs for the long term are choosing Hong Kong, even if it appears to be more expensive. One of the major ingredients of success is the fact that income from outside the territory is not subject to tax in Hong Kong, with only locally-sourced profits being taxed at 16%.
Special offerHong Kong
INCORPORATION DATASHEET
SPECIAL OFFER: Hong Kong
Method of incorporation / registration: Companies are incorporated by the subscribers.
Company legal form: Private Limited Company by shares
Company status: Resident Company
Source of corporate legislation: The Companies Ordinance
Possible suffixes to company name: All names must end in Limited
Restrictions on company name: The terms Royal, Bank, Government etc. may not appear in the company name
Time required for incorporation:  Min. 6 weeks.
Number of directors: Min. 1
Number of shareholders: Min. 1
Capitalisation: Min. 1 HK$, there is no maximum restriction on the share capital.
Accounting / reporting requirements: Yes. Audited accounts are required
Type of shares: Registered
Annual tax and duties: 416 USD
Information publicly available: Registered office, company secretary, Memorandum & Articles of Association, directors, annual return, shareholders
Disclosure of beneficiaries: Not required.
Registered office: Local registered office is required by law.
Registered secretary / agent: Resident secretary is required by law
Double tax treaty: Hong Kong has DTTs with mainland China and a number of countries for shipping and aviation

 

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 239 USD
International authentication: 160 USD
Legal expenses, filing fees and stamp duties: 50 USD
Issuing of share certificates and initial minutes and forms: 50 USD
Corporate seal: 50 USD
Courier fees: 85 USD
Subtotal: 634 USD
ANNUAL FEES *
Registered office and local company secretary: 990 USD
Annual tax and duties: 416 USD
Negative audit tax return + filing fee 480 USD
Subtotal: 1886 USD
Total: 2520 USD

* The annual fees for the first year of existence of the company are payable prior to registration. Subsequently the amount of 1886 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 2520 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and local company secretary for 1 year, fixed annual tax and duty for the 1st year, preparation and filing of a negative tax return, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: 2 x Certificate of Incorporation, 3 x Memorandum & Articles of Association, Appointment of First Directors, Minutes of the meeting of directors founding the company, bound copy of the 4 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (nominee directors provided by LAVECO Ltd.) 590 USD
Nominee Director (local nominee directors provided by our partner in Hong Kong) 590 USD
Nominee Shareholder: 290 USD
Certificate of Incumbency 430 USD
Power of Attorney with Apostille certification (nominee directors provided by LAVECO Ltd.) 390 USD
Power of Attorney with Apostille certification (local nominee directors provided by our partner in Hong Kong)  590 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD


LAVECO LTD. is pleased to offer its clients shelf companies in Hong Kong, which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Formation fees including annual fees for the first year 
Ready made Hong Kong company with nominee shareholder, nominee director and notarised Power of Attorney

with Laveco directors 3790 USD
with Hong Kong directors 3990 USD
Fees payable from the second year Registered office and registered agent, nominee shareholder, nominee director and notarised Power of Attorney with Laveco directors 3156 USD
with Hong Kong directors 3356 USD

 

Special offer
SPECIAL OFFER

LAVECO Ltd. is pleased to offer its clients
companies in Hong Kong
at extremely attractive rates!

 

Hong Kong company with nominee directors and shareholders from Hong Kong

3 990 USD
Special offer: Hong Kong

Hong Kong company with nominee directors and shareholders provided by LAVECO

3 790 USD
Special offer: Hong Kong

 

Formation of the company includes the following services:

 

  • Registration of the company
  • Duties payable to the local authorities for the registration of the company
  • Registration-related administration
  • Payment of fixed annual tax and duty for the 1st year
  • Preparation and filing of a negative tax return
  • Delivery of the company documents to the relevant office of the LAVECO Group
  • Registered Office for 1 year
  • Registered Secretary for 1 year
  • Nominee director for 1 year
  • Nominee shareholder for 1 year
  • Hand-made natural leather company kit containing:
    • 2 x Certificate of Incorporation,
    • 3 x Memorandum and Articles of Association,
    • Minutes of the meeting of directors founding the company,
    • Resolution regarding the appointment of the first directors,
    • Bound copy of the 4 documents mentioned above with notary public and international (Apostille) certification,
    • Minutes of directors' and shareholders' meetings,
    • Share certificate(s),
    • Registers of directors and shareholders,
    • General Power of Attorney with international (Apostille) authentication
    • Company Seal and Company Stamp

 


Annual fees payable from the second year:

Annual fees for Hong Kong company with nominee directors and shareholders from Hong Kong, payable from the 2nd year

3 356 USD

Annual fees for Hong Kong company with nominee directors and shareholders provided by LAVECO, payable from the 2nd year

 3 156 USD

 Annual fees payable from the second year include:

  • Registered office
  • Registered secretary
  • Fixed annual tax and duty
  • Preparation and filing of a negative tax return
  • Nominee director
  • Nominee shareholder
  • General Power of Attorney with international (Apostille) authentication

 Special offerSee also:
- Special offer: Cyprus
- Special offer: Belize
- Special offer: The Seychelles

Isle of Man (Exempt) 1560 GBP 990 GBP 330 GBP

Isle of Man (Exempt)
Status: British dependent territory
Area, sq.km: 572
Population: 69 788
Capital: Douglas
Business language: English
Currency: GBP
Location: Island in the Irish Sea
Time zone: GMT - 1

 

INCORPORATION DATASHEET
Advantages: High respectability, Sophisticated infrastructure, European jurisdiction
Disadvantages: Expensive for non-trading operations, The incorporation process is quite bureaucratic
Company status: Exempt company
Corporate legislation source: UK Common Law, The Companies Acts 1931 to 2004
Company name: Must end 'Limited' or 'Ltd', 'Public Limited Company' or 'PLC'
Time required for incorporation: 3-5 weeks
Minimum number of directors: 2 of any nationality
Usual minimum capital: No minimum capital requirements
Are accounts required: Yes
Accounts must be prepared and filed. A company need not have its accounts audited if it meets two of the following three criteria:
  • Its annual turnover is GBP 5,6 million or less
  • Its balance sheet total is GBP 2,8 million or less
  • Its average number of employees is 50 or less
Minimum number of shareholders: 1
Type of shares: Registered
Taxation: A company registered in the Isle of Man should submit a tax return to the Isle of Man Treasury. These are not publicly available. All Isle of Man companies are now treated as resident companies. Resident companies are taxed at a rate of 0% on their trading and investment income.
Annual tax and duties: 250 GBP + 70 GBP stamp duty
VAT: For VAT purposes, the Isle of Man is considered as part of UK, instructed by EU directives. The Isle of Man has a Customs and Excise agreement with UK.
What information is available on the public file: Registered office, company secretary, Memorandum & Articles of Association, directors, shareholders
Non-public information: -
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Company secretary is required by law

COMPULSORY COSTS (payable prior to incorporation)

FORMATION FEES
Incorporation fee: 790 GBP
Notarial certification: 195 GBP
International authentication (Apostille): 195 GBP
Legal expenses, filing fees and stamp duties: 190 GBP
Issuing of share certificates and initial minutes and forms: 90 GBP
Corporate seal: 50 GBP
Courier fees: 50 GBP
Subtotal: 1560 GBP
ANNUAL FEES *
Registered office and registered agent: 990 GBP
Annual tax and duties: 330 GBP
Subtotal: 1320 GBP
Total: 2880 GBP


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1320 GBP is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2880 GBP includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (2 private persons): 3000 GBP
Nominee Shareholder: 495 GBP
Notarial Certification: 195 GBP
Certificate of Good Standing: 395 GBP
Special Power of Attorney: 250 GBP

 

Liberia 990 USD 990 USD 150 USD
Liberia
Status Independent Republic
Area, sq.km: 96 320
Population: 3 226 000 (2001 July)
Capital: Monrovia
Business language: English
Currency: Liberian Dollar (LRD)
Location: West Africa, between Cote d'Ivorie and Sierra Leone
Time zone: GMT - 1

 

INCORPORATION DATASHEET
Advantages: Liberal and flexible corporate laws, High confidentiality
Disadvantages: Well-known as an offshore jurisdiction
Company status: Non-Resident Corporation
Corporate legislation source: Liberian Business Corporation Act, 1976
Company name: All Names must end with: Limited, Ltd., Corporation, Corp., Incorporated, Inc., S.A.
Time required for incorporation: 3-4 weeks
Minimum number of directors: 1
Usual minimum capital: -
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 150 USD
What information is available on the public file: Company name, incorporation date and number, address of registered agent, Articles of Association
Non-public information: Directors and shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

 

COMPULSORY COSTS (payable prior to registration)

 

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 100 USD
International authentication (Apostille): 100 USD
Legal expenses, filing fees and stamp duties: 200 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 150 USD
Subtotal: 1140 USD
Total: 2130 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1140 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2130 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 195 USD

 

Liechtenstein (A.G.) 4990 CHF 5990 CHF 1000 CHF
Liechtenstein (A.G.)
Status Principality of Liechtenstein
Area, sq.km: 160
Population: 35 528 (2001 July)
Capital: Vaduz
Business language: German
Currency: Swiss franc (CHF)
Location: Central Europe, between Austria and Switzerland
Time zone: GMT

 

INCORPORATION DATASHEET
Advantages: High level of confidentiality, Uniquely high-prestige territory, Has its own system of laws regulating trust activity, Long term political stability with banking secrecy
Disadvantages: High incorporation and administrative fees
Company status: Exempt company
Corporate legislation source: The PGR Code of 20 January 1926
Company name: All names must end with 'Aktiengesellschaft' or 'A.G.'
Time required for incorporation: 4-5 weeks
Minimum number of directors: 1 (but 1 must be resident)
Usual minimum capital: 50 000 CHF - paid up
Are accounts required:: Yes
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 12,5% corporate income tax. 0,1% of the capital, minimum 1000 CHF + 800 CHF stamp duty (one time fee) and 4% on dividends
What information is available on the public file: Registered office and local representative, directors
Non-public information: Shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered representative is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 1790 CHF
Notarial certification: 300 CHF
International authentication (Apostille): 300 CHF
Legal expenses, filing fees and stamp duties: 2160 CHF
Issuing of share certificates and initial minutes and forms: 300 CHF
Corporate seal: 70 CHF
Courier fees: 70 CHF
Subtotal: 4990 CHF
ANNUAL FEES*
Registered office and registered agent: 5990 CHF
Annual tax and duties: 1000 CHF
Subtotal: 6 990 CHF
Total: 11 980 CHF


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 6 6 990 CHF is payable annually beginning from the 1st January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 11 980 CHF includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and local representative for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 3500 CHF
Nominee Director (corporate body): -
Nominee shareholder: 695 CHF
Power of Attorney: 395 CHF
Notarial Certification: 300 CHF
Certificate of Good Standing: 595 CHF
Apostille: 295 CHF

 

Liechtenstein (Anstalt) 5990 CHF 5990 CHF 1000 CHF
Liechtenstein (Anstalt)
Status Principality of Liechtenstein
Area, sq.km: 160
Population: 35 528 (2001 July)
Capital: Vaduz
Business language: German
Currency: Swiss franc (CHF)
Location: Central Europe, between Austria and Switzerland
Time zone: GMT

 

INCORPORATION DATASHEET
Advantages: High level of confidentiality, Uniquely high-prestige territory, Has its own system of laws regulating trust activity, Long term political stability with banking secrecy
Disadvantages: High incorporation and administrative fees
Company status: Anstalt
Corporate legislation source: The PGR Code of 20 January 1926
Company name: All names must end with 'Anstalt'
Time required for incorporation: 3-5 weeks
Minimum number of directors: 1 (but 1 must be resident)
Usual minimum capital: 30 000 CHF - paid up
Are accounts required:: Yes
Minimum number of shareholders: No shares issued
Type of shares: No shares issued
Annual tax and duties: 0,1% of the capital min. 1000 CHF+ 800 CHF stamp duty (one time fee)
What information is available on the public file: Registered office and local representative
Non-public information: Board Members, beneficiaries
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered representative is required by law.

 

COMPULSORY COSTS (payable prior to registration)

 

FORMATION FEES
Incorporation fee: 2790 CHF
Notarial certification: 300 CHF
International authentication (Apostille): 300 CHF
Legal expenses, filing fees and stamp duties: 2160 CHF
Issuing of share certificates and initial minutes and forms: 300 CHF
Corporate seal: 70 CHF
Courier fees: 70 CHF
Subtotal: 5990 CHF
ANNUAL FEES*
Registered office and registered agent: 5990 CHF
Annual tax and duties: 1000 CHF
Subtotal: 6990 CHF
Total: 12980 CHF


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 6990 CHF is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 12980 CHF includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, initial minutes, provision of Registered Office and local representative for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 5500 CHF
Nominee Director (corporate body): -
Nominee shareholder: -
Power of Attorney: 395 CHF
Notarial Certification: 300 CHF
Certificate of Good Standing: 595 CHF
Apostille: 295 CHF

 

Marshall Islands 995 USD 995 USD 0 USD
Marshall Islands

Having faithfully copied the Delaware corporate legislation, the island republic in the Pacific has justifiably gained popularity among LAVECO clients. Keys to its success include simplicity and the low incorporation and annual fees.
Marshall Islands
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscribers. The subscriber must be a local person licensed for the purpose
Company legal form: Private Limited Company by shares
Company status: Exempt
Source of corporate legislation: Marshall Islands Associations Law of 1990
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., Company.
Restrictions on company name: The terms Bank, Imperial, Insurance, Trust, Trustee, Chamber of Commerce and Royal may not appear in the company name.
Time required for incorporation: 2-3 weeks **
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1.
Capitalisation: No minimum.
Accounting / reporting requirements: Not applicable
Type of shares: Bearer or registered.
Annual tax and duties: No annual tax or duties
Information publicly available: Registered office and registered agent.
Disclosure of beneficiaries: Not required.
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-Resident Corporations are not subject to DTTs.

 

COMPULSORY COSTS (payable prior to registration)

 

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 115 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 995 USD
ANNUAL FEES*
Registered office and registered agent: 995 USD
Annual tax and duties: 0 USD
Subtotal: 995 USD
Total: 1990 USD


* The annual fees for the first year of existence of the company are payable prior to registration. Subsequently the amount of 995 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1990 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office and registered agent for 1 year, annual tax for the 1st year, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Memorandum & Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, share certificates, initial forms and minutes, and 2 company seals. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Shareholder: 290 USD
Certificate of Incumbency 330 USD
Power of Attorney with Notarial Certification: 390 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD


LAVECO LTD. is pleased to offer its clients shelf companies in the Marshall Islands, which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE
Formation fees including annual fees for the first year
Ready made Marshall Islands company with nominee director and notarised Power of Attorney
3070 USD
Fees payable from the second year
Registered office and registered agent , nominee director and notarised Power of Attorney
2075 USD


** In the Marshall Islands it is possible to order "express" company incorporation. The surcharge for express incorporation is 500 USD, and the process takes 72 hours.

Mauritius 990 USD 990 USD 200 USD
Mauritius
Status Parliamentary democracy
Area, sq.km: 1860
Population: 1 190 000 (2001 July)
Capital: Port Louis
Business language: English
Currency: Mauritius Rupee (MUR)
Location: Indian Ocean to the east of Madagascar
Time zone: GMT + 3

 

INCORPORATION DATASHEET
Advantages: Zero tax rate on net profits of offshore activities
Disadvantages: No access to DTTs
Company status: Non resident corporation
Corporate legislation source: Companies Act, 2001
Company name: All names must end with one of the following words: Limited, Ltd., Corporation, Corp., Societe Anonyme, S.A.
Time required for incorporation: 3-4 weeks
Minimum number of directors: 1
Usual minimum capital: No minimum requirements
Are accounts required:: Yes
Minimum number of shareholders: 1
Type of shares: Registered
Annual tax and duties: 200 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors and shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Resident company secretary is not required by law

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 100 USD
International authentication (Apostille): 150 USD
Legal expenses, filing fees and stamp duties: 100 USD
Issuing of share certificates and initial minutes and forms: 150 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 200 USD
Subtotal: 1190 USD
Total: 2180 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1190 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2180 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): -
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 150 USD
Certificate of Good Standing: 395 USD

 

Montserrat 775 GBP 750 GBP 200 GBP
Montserrat
Status: Overseas Territory of the UK
Area, sq.km: 100
Population: 7 574
Capital: Plymouth
Business language: English
Currency: Eastern Caribbean Dollar (XCD)
Location: Caribbean Island, southeast of Puerto Rico
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: Very prestigious jurisdiction as a part of UK
Disadvantages: Relative instability due to volcanic activity
Company status: International Business Company
Corporate legislation source: International Business Companies Ordinance of 1985
Company name: All names must end with one of the following words: Company, Co, Corporation, Corp, Limited, Ltd, S.A., Incorporated, Inc.
Time required for incorporation: 4-6 weeks
Minimum number of directors: 1
Usual minimum capital: 50 000 USD
Are accounts required: No
Minimum number of shareholders: 1
Type of shares: Bearer or registered
Annual tax and duties: 200 GBP
What information is available on the public file: Registered office and agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Local registered agent is required by law

COMPULSORY COSTS (payable prior to incorporation)

FORMATION FEES
Incorporation fee: 325 GBP
Notarial certification: 100 GBP
International authentication (Apostille): 100 GBP
Legal expenses, filing fees and stamp duties: 90 GBP
Issuing of share certificates and initial minutes and forms: 100 GBP
Corporate seal: 30 GBP
Courier fees: 30 GBP
Subtotal: 775 GBP
ANNUAL FEES *
Registered office and registered agent: 750 GBP
Annual tax and duties: 200 GBP
Subtotal: 950 GBP
Total: 1725 GBP


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 950 GBP is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1725 GBP includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 395 GBP
Nominee Director (corporate body): 195 GBP
Nominee Shareholder: 195 GBP
Power of Attorney: 195 GBP
Notarial Certification: 95 GBP
Certificate of Good Standing: 195 GBP

 

Nevada LLC 890 USD 690 USD 300 USD
Nevada LLC
INCORPORATION DATASHEET
Method of incorporation / registration: The Articles of Organization must be signed by the organiser of the company. The organiser may be any private person or corporate body without restriction.
Company legal form: Limited Liability Company.
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of Nevada.
Possible suffixes to company name: LLC or Limited Liability Company.
Restrictions on company name: The terms Bank, Insurance, Trust, Trustee and University may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 manager of any nationality.
Number of shareholders: Minimum 1 member
Capitalisation: No minimum
Accounting / reporting requirements: All Nevada LLCs require a Nevada Business License. In order to obtain the license, form SS-4 must be filed with the IRS. Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued.
Annual tax and duties: 300 USD
Information publicly available: Registered office, registered agent, managers.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 290 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 100 USD
Issuing of share certificates and initial minutes and forms: 80 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 890 USD
ANNUAL FEES*
Registered office and registered agent: 690 USD
Annual tax and duties: 300 USD
Subtotal: 990 USD
Total: 1880 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 990 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1880 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Article of Organization with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 430 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD

 

Fees payable from the second year. Registered office and registered agent, annual tax and duties: 990 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

New York - LLC 1895 USD 890 USD -
New York - LLC
INCORPORATION DATASHEET
Method of incorporation / registration: The Articles of Organization must be signed by the organiser of the company. The organiser may be any private person or corporate body without any restriction.
Company form: Limited Liability Company.
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of New York, 1994.
Possible suffixes to company name: LLC, Limited Liability Company
Restrictions on company name: The terms Bank, Invest, Investment, Finance, Financial, Insurance, University may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 manager of any nationality
Number of shareholders: Minimum 1 member
Capitalisation: No minimum
Accounting / reporting requirements: The filing of reports is required by the Secretary of State.Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued.
Annual tax and duties: -
Information publicly available: Registered office, registered agent and managers.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 975 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 425 USD
Issuing of share certificates and initial minutes and forms: 75 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1895 USD
ANNUAL FEES*
Registered office and registered agent: 890 USD
Annual tax and duties: -
Subtotal: 890 USD
Total: 2785 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 890 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 2785 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Articles of Organization with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 430 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD


Fees payable from the second year. Registered office and registered agent: 890 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

Panama 890 USD 750 USD 300 USD
Panama

The leading company formation jurisdiction in Central America. Since the 1920s companies registered here have only had to pay tax on income generated in Panama. Companies registered in Panama are primarily popular in Latin America due to the physical proximity and use of the Spanish language.
Panama
INCORPORATION DATASHEET
Method of incorporation / registration: The Subscribers incorporate the company and nominate the directors
Company form: Private Limited Company by shares
Company status: Resident company
Source of corporate legislation: Civil Law, Law Number 32 of 1927 on Corporations and others
Possible suffixes to company name: All names must end with: S.A., Inc., Corp.
Restrictions on company name: A special licence is needed if the words Finance, Trust or Insurance appear in the company name. The terms Ltd. and Limited may not appear in the company name.
Time required for incorporation: 5-6 weeks
Number of directors: 3 of any nationality
Number of shareholders: Minimum 1
Capitalisation: There are no restrictions on the share capital.
Accounting / reporting requirements: Panamanian companies are not required to keep accounts
Type of shares: Bearer or registered
Annual tax and duties: 300 USD 
Information publicly available: Registered office, registered agent, Memorandum & Articles of Association, directors
Disclosure of beneficiaries: The identity of the beneficial owners does not have to be disclosed
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Panamanian companies are not subject to Double Tax treaties

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 500 USD
Notarial certification: 95 USD
International authentication (Apostille): 95 USD
Legal expenses, filing fees and stamp duties: 50 USD
Issuing of share certificates and initial minutes and forms: 50 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 890 USD
ANNUAL FEES*
Registered office and registered agent: 750 USD
Annual tax and duties: 300 USD
Subtotal: 1050 USD
Total: 1940 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of  1050 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1940 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (3 private persons): 790 USD
Nominee Shareholder: 295 USD
Power of Attorney with Notarial Certification: 490 USD
Notarial Certification or Apostille: 250 USD
Extract from the Public Registry: 495 USD
Romania 780 EUR 80 EUR/month min. 6 months 16% of net profit
Romania
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the member(s) of the company. The company documents must be in Romanian. Declaration must be signed in person before Notary Public in Romania
Company form: Private Limited Liability Company / S.R.L. (SOCIETATE RASPUNDERE LIMITATA)
Source of corporate legislation: Ordinance 32/1997 amending & completing Law 31/1990, Law 195/1997 approving Emergency Ordinance 32/1997
Possible suffixes to company name: S.R.L. / SOCIETATE RASPUNDERE LIMITATA
Restrictions on company name: The word Romania may not appear in the company name
Time required for incorporation: 1-4 weeks
Number of directors: Minimum 1 of any nationality. Corporate directors are also permitted
Number of members: Minimum 1, maximum 50
Capitalisation: Minimum 200 RON (approx. 60 EUR)
Accounting / reporting: Annual financial statements must be produced. VAT and social security returns must be filed monthly
Type of shares: Registered
Annual tax and duties: 16% of net profit
Information publicly available: Details of members and directors
Registered Office: Local registered office suitable for the main activity of the company is required by law
Registered Secretary/Agent: Not required
Double tax treaty: Romania has an extensive network of DTTs

 

FEES
Incorporation fees: 780 EUR
Registered office: 80 EUR/month min. 6 months
Stamp duties and registration fees: approx. 200 EUR
Notarisation fees: approx. 50 EUR
Opening of bank account: 250 EUR

 

Saint Vincent & Grenadine 990 USD 890 USD 100 USD
Saint Vincent & Grenadine
Status Parliamentary Democracy
Area, sq.km: 388
Population: 116 000 (2001 July)
Capital: Kingstown
Business language: English
Currency: East - Caribbean Dollar (XCD)
Location: Caribbean sea to the north-east of Venezuela
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: Very liberal and well-established company law, Low incorporation and annual fees
Disadvantages: -
Company status: International Business Company
Corporate legislation source: The International Business Companies Act, 1996
Company name: All names must end with Incorporated, Inc., Corporation, Corp., Limited, Ltd., S.A.
Time required for incorporation: 2-3 weeks
Minimum number of directors: 1
Usual minimum capital: No minimum requirements
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Registered
Annual tax and duties: 100 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association, directors
Non-public information: Shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 400 USD
Notarial certification: 100 USD
International authentication (Apostille): 140 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 890 USD
Annual tax and duties: 100 USD
Subtotal: 990 USD
Total: 1980 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 990 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1980 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 395 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 295 USD

 

Seychelles - IBC 790 USD 780 USD 100 USD
Seychelles - IBC

One of the success stories of the last decade in the international company industry is undoubtedly the Seychelles. The reason our clients choose the Seychelles is that the islands offer a simple and financially efficient solution, particularly in the case of the establishment of holding companies.
Special offer: SeychellesSeychelles - IBC
INCORPORATION DATASHEET
SPECIAL OFFER: Seychelles
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscriber. The subscriber must be a local person licensed for the purpose. 
Company form: Private Limited Company by shares 
Company status: International Business Company (I.B.C.).
Source of corporate legislation: International Business Companies Act, 1994.
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., S.A., Corp., Corporation.
Restrictions on company name: The terms Bank, Imperial, Insurance, Chamber of Commerce, Trust, Royal and Municipal may not appear in the company name.
Time required for incorporation: 2-3 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: No minimum requirements
Accounting / reporting requirements: Accounts not required, but documents of transactions must be kept
Type of shares: Bearer or registered
Annual tax and duties: 100 USD 
Information publicly available: Registered office and registered agent.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Seychelles IBCs are not subject to DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 200 USD
Notarial certification: 200 USD
International authentication (Apostille): 110 USD
Legal expenses, filing fees and stamp duties: 100 USD
Issuing of share certificates and initial minutes and forms: 80 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 790 USD
ANNUAL FEES*
Registered office and registered agent: 780 USD
Annual tax and duties: 100 USD
Subtotal: 880 USD
Total:

1670 USD

Special offer - Offshore company in Seychelles

 


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 880 USD  is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1670 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for 1 year, annual tax for the 1styear, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 590 USD
Nominee Shareholder: 290 USD
Certificate of Incumbency if the Agent is LAVECO: 130 USD 
Certificate of Incumbency if the Agent is other than LAVECO: 330 USD
Power of Attorney with Notarial Certification: 290 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD
Annual data administration and processing fees 
 Data administration fee  195 USD
 Data processing fee 
 Category I: dormant
(no transactions)
 100 USD (25 USD / quarter year)
 Category II: small company
(1 - 25 transactions/ year)
 200 USD (50 USD / quarter year)
 Category III: middle-sized company
(26 -75 transactions/ year)
 400 USD (100 USD / quarter year)
 Category IV: big company 
(76 - 150 transactions / year)
 600 USD (150 USD / quarter year)


LAVECO Ltd. is pleased to offer its clients shelf companies in the Seychelles, which are available at the same price. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Formation fees including annual fees for the first year. Ready made Seychelles company with nominee director and notarised Power of Attorney:

2550 USD

Special offer - offshore shelfcompany in Seychelles

 

Fees payable from the second year. Annual tax and duties, registered office and registered agent, nominee director and notarised Power of Attorney: 1760 USD

 

Special offer: Seychelles
SPECIAL OFFER

LAVECO Ltd. is pleased to offer
its clients this

UNBEATABLE DISCOUNT



Seychelles company with an exceptional discount!

The price is just 1670 USD :

Special offer - Offshore company in Seychelles

Formation of the company in the Seychelles includes the following services:

  • Formation of the company,
  • Duties payable to the local authorities for the registration of the company,
  • Registration-related administration,
  • Provision of registered office for 1 year,
  • Provision of registered agent for 1 year,
  • Annual tax for the 1styear,
  • Delivery of the company documents to the relevant office of the LAVECO Group,
  • Handmade luxury leather corporate kit containing the following documents:
    • Certificate of Incorporation,
    • Memorandum & Articles of Association,
    • Appointment of First Directors,
    • Bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification,
    • Share certificate(s),
    • Minutes of directors’ and shareholders’ meetings,
    • Registers of directors and shareholders,
    • Company seal and company stamp.

So, for 1290 USD  you get a Seychelles company,
with its first year fees fully paid.

THIS OFFER IS AVAILABLE UNTIL DECEMBER 31ST 2013!

Fees payable from the second year are 880 USD, including:

  • Registered office,
  • Registered agent,
  • Annual tax and duties.

 

AND THIS MIGHT PROVE EVEN MORE ATTRACTIVE:

Special offer on SHELF COMPANIES

Shelf company in the Seychelles, including annual fees for the first year, nominee director and a certified power of attorney.

The price is just 2550 USD:

Special offer - offshore shelfcompany in Seychelles

THIS OFFER IS AVAILABLE UNTIL DECEMBER 31ST2013!

 Fees payable from the second year are 1760 USD, including:

  • Annual tax and duties,
  • Registered office and agent,
  • Nominee director,
  • A power of attorney with Apostille

Special offerSee also:
- Special offer: Hong Kong
- Special offer: Belize
- Special offer: Cyprus

St. Kitts & Nevis 1290 USD 990 USD 200 USD
St. Kitts & Nevis
Status Constitutional Monarchy
Area, sq.km: 261,1
Population: 38 800 (2001 July)
Capital: Basseterre
Business language: English
Currency: East-Caribbean Dollar (XCD)
Location: Caribbean Island, between Puerto-Rico and Trinidad and Tobago
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: The legislation follows the Delaware Law. Total tax exemption for IBCs
Disadvantages: -
Company status: Non-resident domestic company
Corporate legislation source: Companies Act 1996
Company name: All names must end with 'Limited, LTD., Incorporated, Inc., Corporation, Corp., S.A.'
Time required for incorporation: 2-4 weeks
Minimum number of directors: 1
Usual minimum capital: No minimum requirements
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 200 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors and shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

 COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 600 USD
Notarial certification: 140 USD
International authentication (Apostille): 200 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1290 USD
ANNUAL FEES*
Registered office and registered agent: 990 USD
Annual tax and duties: 200 USD
Subtotal: 1190 USD
Total: 2480 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1190 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2480 USD  includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 140 USD
Certificate of Good Standing: 295 USD

 

The Bahamas 980 USD 890 USD 350 USD
The Bahamas

In 1999, the Bahamas became just about the first jurisdiction to satisfy the OECD’s requirements on transparency when they ended the possibility to issue “bearer” shares and also made the details of directors available on the public company registry. For the last 10 years or more the Bahamas have constantly been one of the most stable financial centres in the offshore world. They currently receive undeservedly little attention, despite being one of the most stable jurisdictions for company formation.
The Bahamas
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscribers. The subscribers must be local persons licensed for the purpose. The minimum number of subscribers is 2.
Company form: International Business Company (I.B.C.).
Source of corporate legislation: Common Law - International Business Companies Act, 1989., amended 2000
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., S.A., Corp., Corporation.
Restrictions on company name: The terms Bank, Insurance, Chamber of Commerce, University, Trust, Saving Municipal may not appear in the company name without prior consent or license.
Time required for incorporation: 2-3 weeks
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: No minimum
Accounting / reporting requirements: Not applicable.
Type of shares: Registered
Annual tax and duties: Minimum 350 USD if the authorized capital less than 50 000 USD
Information publicly available: Registered office and registered agent, directors, shareholders.
Disclosure of beneficiaries: Required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Bahamian IBCs are not subject to DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 380 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 110 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 980 USD
ANNUAL FEES*
Registered office and registered agent: 890 USD
Annual tax and duties: 350 USD
Subtotal: 1240 USD
Total: 2220 USD


*The annual fees for the first calendar year of existence of the company are payable in full prior to registration, regardless of the actual date of formation of the company. The amount of 1240 USD, therefore, must be paid both by a company registered in January and also by a company registered in December, and in both cases the amount includes only the annual fees for the calendar year in which the company was formed. Subsequently, the amount of 1240 USD is payable annually, beginning from January 1 of the year following the year in which the company was formed. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 2220 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, registration-related administration, provision of registered office and agent for 1 year, annual tax for the 1st year, delivery of the company documents to the relevant office of the LAVECO Group, handmade luxury leather corporate kit containing the following documents: Certificate of Incorporation, Memorandum & Articles of Association, Appointment of First Directors, bound copy of the 3 documents mentioned above with notary public and international (Apostille) certification, minutes of directors’ and shareholders’ meetings, share certificate(s), registers of directors and shareholders, company seal, company stamp. The price contains no hidden costs.

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 290 USD
Power of Attorney with Notarial Certification: 390 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD

 LAVECO Ltd. is pleased to offer its clients shelf companies in the Bahamas which are available at the same cost. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in 2-3 working days. Contact our office for details and a list of shelf companies!

SHELF COMPANY PACKAGE

Formation fees including annual fees for the first year.
Ready made Bahamian company with nominee director and notarised Power of Attorney:

3590 USD
Fees payable from the second year.
Annual tax and duties, registered office and registered agent, nominee director and notarised Power of Attorney:

2610 USD


Turks & Caicos 990 USD 990 USD 300 USD
Turks Caicos
Status: Overseas Territory of the UK
Area, sq.km: 430
Population: 18 000 (2001 July)
Capital: Cockburn Town
Business language: English
Currency: US Dollar (USD)
Location: Caribbean Island to southeast of Bahamas
Time zone: GMT - 5

 

INCORPORATION DATASHEET
Advantages: 20 years guaranteed tax exemption, Very quick formation procedure
Disadvantages: -
Company status: International Business Company
Corporate legislation source: Companies Ordinance, 1991
Company name: The names may be in any language and does not need to end with 'Limited'
Time required for incorporation: 3-5 weeks
Minimum number of directors: 1
Usual minimum capital: No minimum
Are accounts required: No
Minimum number of shareholders: 1
Type of shares: Bearer or registered
Annual tax and duties: 300 USD
What information is available on the public file: Registered office, registered agent, Memorandum & Articles of Association
Non-public information: Directors, shareholders
Registered Office: Local registered office is required by law
Registered Secretary/Agent: Local registered agent is required by law

COMPULSORY COSTS (payable prior to incorporation)

FORMATION FEES
Incorporation fee: 400 USD
Notarial certification: 100 USD
International authentication (Apostille): 140 USD
Legal expenses, filing fees and stamp duties: 150 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES *
Registered office and registered agent: 990 USD
Annual tax and duties: 300 USD
Subtotal: 1290 USD
Total: 2280 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1290 USD is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 2280 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 295 USD
Nominee Shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 395 USD

 

UK LLP 300 GBP 490 GBP 0% or 20-24% on profit
UK LLP

The LLP company format is not particularly well known among the general public. The huge benefits of the LLP lie in the fact that under certain circumstances there is no corporate taxation, as, following the principles of flow-through taxation, the members of the LLP are liable for the taxes payable on the company’s income in the place where they are resident for tax purposes. As a result of the high level of prestige, the LLP is an excellent vehicle particularly for the performance of transactions between the UK and non-EU partners.
UK LLP
General Information on Limited Liability Partnerships (LLPs), UK
What is a Limited Liability Partnership (LLP)?

 

An LLP is a partnership which is in itself a legal entity, and whose partners enjoy limited liability. The partnership has existed as a corporate form in UK corporate legislation for more than a century, but a new limited liability act, which was passed in 2000, has totally modernised the partnership, making its operation much more simple and convenient.

Company status:

Non-resident/Resident Company
Source of corporate legislation: Limited Liability Partnership Act 2000, Limited Liability Partnership Regulations 2001.
Method of registration: A special form is signed by the partners and registered with Companies House. A Certificate of Registration is issued by Companies House following registration.
Time required for registration: 1 month
Possible suffixes to company name: LLP or Limited Liability Partnership
Restrictions on company name: The name of an LLP should not be the same as or similar to a name already registered. The name must not include the following names or their derivatives: British, English, European, Great Britain, United Kingdom, International, National, Institute, Authority, Board, Council, Chamber, Charter, Chemistry, Holding, Registered, Sheffield, Trade Union, Foundation, Trust, Stock Exchange, University, Credit Union, Bank, Insurance and some others. Registration of names, including those containing the words mentioned above is possible only if approved by the relevant authorities.
Capitalisation: No minimum requirements
Type of shares: No shares are issued.
LLP structure: An LLP is formed by partners (at least two) for the purpose of carrying on a lawful business with a view to profit. The liability of the partners is limited to the assets of the LLP. The LLP does not have directors as it is usually managed by the partners, although it is also possible to appoint a manager.
Number of Directors: LLPs have no directors.
Number of owners (partners): A minimum of 2 partners are required to form an LLP. The minimum number of designated partners (see below) is 2. If the company has only two partners, both will be designated partners.
Who can be a partner of an LLP? Any person or legal entity can be a partner in an LLP. There are no restrictions on the nationality or residency of the partners, i.e. partners may be either residents or non-residents of the U.K.
What is the difference between a limited liability partnership and a limited company? The structure of an LLP is different from that of an Ltd (see above). In addition, there are significant differences from the point of view of taxation. Limited companies are taxed as corporations, while LLPs are taxed as partnerships (see the detailed information below).
Information available to the public. LLP name, registered office address, names and addresses of partners, names and addresses of designated partners.
Disclosure of owners (partners): Names and addresses of partners are available to the public.
Accounting/Reporting requirements: Each LLP must deliver to Companies House an annual return and annual accounts, reporting on the financial performance and position of the LLP during the year.
Registered office address: Each LLP must have a registered office, which must be a physical location, not just a post office box. The registered address can be anywhere in England and Wales. All official documents, letters and reminders of Companies House, as well as notices and court papers have to be sent to the registered office address. If an LLP changes its registered office address after incorporation, then Companies House must be notified of the new address within 14 days of the change. All company documents (or copies of them) must be kept at the registered office address.
Registered secretary: An LLP is not required by law to have a registered secretary. However, it is advisable to appoint a local qualified secretary, who will be responsible for the preparation of the annual return of the company and for the keeping of professional records to avoid the risk of penalties.
What is meant by the term "designated member"? Designated members have the same rights and duties towards the LLP as any other member. These mutual rights and duties are governed by the limited liability partnership agreement and the general law. However, the law also places extra responsibilities on designated members. Designated members are responsible for:
- Appointing an auditor,
- Signing the accounts on behalf of the members,
- Delivering the accounts to the Registrar,
- Notifying the Registrar of any membership changes or changes in the registered office address or name of the LLP,
- Preparing, signing and delivering to the Registrar an annual return, and
- Acting on behalf of the LLP if it is wound up or dissolved.
Designated members are accountable in law for failing to carry out these legal responsibilities.
Every LLP must have at least two, formally appointed, designated members at all times. If there are fewer than two designated members then every member is deemed to be a designated member.
Requirements regarding the use of the name of the LLP and other registration information: The LLP must paint or affix its name on the outside of every office or place in which its business is carried on - even if that is the home of a member. The name must be kept painted or affixed there, and must be both conspicuous and legible.
The LLP must also state its name, in legible lettering, on the following:
- All the LLP's business letters,
- All its notices and other official publications,
- All bills of exchange, promissory notes, cheques and orders for money and goods purporting to be signed by, or on behalf of, the LLP,
- All its bills of parcels, invoices, receipts and letters of credit.
In addition, the LLP must show the following information on all its business letters and order forms:
- Its place of registration (for example: Registered in London) and its registered number,
- The fact that it is a limited liability partnership,
- The address of its registered office. If a business letter or order form mentions more than one address, it is recommended that it should be mentioned which one is the registered office address.
What is an annual return and when should it be submitted? An annual return is a snapshot of the information on the LLP which must contain the following information:
- The name of the LLP,
- Its registered number,
- Its registered office address,
- The address where certain LLP registers are kept if not at the registered office,
- The name and address of each member,
- If not all the members are designated members, then details of which of them are designated members.
The annual report is separate from the LLP's annual accounts.
Every LLP must deliver an annual return to Companies House at least once every 12 months. The annual return should be delivered to Companies House within 28 days of the anniversary of incorporation of the LLP.
The designated members of an LLP are responsible for ensuring that the annual return:
- Is delivered to Companies House in time, and
- Gives a true picture of the membership of the LLP at the time of delivery.
Designated members can be prosecuted if the LLP fails to deliver the annual return in time.
Annual accounts

Every LLP must prepare annual accounts that report on the financial performance and position of the LLP during the year. The period reported on in the accounts is called the financial year, or the accounting reference period. This starts on the day after the previous financial year ended or, in the case of a new LLP, on the day of incorporation.

For all new LLPs, the first accounting reference period is automatically set as the first anniversary of the last day in the month in which the LLP was incorporated. For example, if the LLP was incorporated on 10 June 2001 its accounting reference date would be set at 30 June. The next accounting reference period will start on July 1, 2002 and will end on 30 June 2003.

The accounts must normally be delivered to Companies House within 10 months of the accounting reference date.
What does a set of accounts include? Generally, the accounts must include:
- A profit and loss account,
- A balance sheet signed by a designated member,
- An auditor's report signed by the auditor,
- Notes to the accounts, and
- Group accounts (if appropriate).
The accounts must be approved by the LLP's members and signed before they are sent to Companies House.
Penalties for late filing of the accounts: There is an automatic civil penalty for late filing. The amount of the penalty depends on how late the accounts are filed. The fixed penalties are as follows:
Length of delay Amount of penalty
3 months or less GBP 100
3 months one day to 6 months GBP 250
6 months one day to 12 months GBP 500
More than 12 months GBP 1000

Failure to deliver accounts on time is also a criminal offence for which designated members may be prosecuted.
Taxation of LLPs: LLPs are taxed as partnerships. This means that the company is not taxed at the corporate level, as in the case of limited companies. The profit of an LLP is divided between the partners in the proportion of their participation in the LLP, and the partners must pay taxes in the place in which they are resident for tax purposes. The income received from the LLP must be added to the income received from other sources and tax should be calculated according to the total income. If the partners of an LLP are non-residents of the UK, the LLP has conducted no activities on the territory of the UK and received no income from UK sources, then the partners will not become subject to taxation in the UK.
Double Tax Treaties: Non-resident LLPs are not subject to DTTs concluded by the UK

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee: 80 GBP
International authentication (Apostille): 125 GBP
Issuing of share certificates and initial minutes and forms: 55 GBP
Corporate seal: 10 GBP
Courier fees: 30 GBP
Subtotal: 300 GBP
ANNUAL FEES*
Registered office and registered agent: 490 GBP
Administration fee 200 GBP
Subtotal: 690 GBP
Total: 990 GBP


* The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 690 GBP is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 990 GBP includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office for 1 year, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Partnership Agreement, Corporate Register, Certificate of Interests, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Power of Attorney with Notarial Certification: 190 GBP
Apostille: 125 GBP
Certificate of Good Standing with Apostille: 145 GBP

Notarial Certification::

150 GBP

 

UK LTD 300 GBP 490 GBP 20-24% on profit
UK LTD

Although the UK private limited company is not a low-tax company, it is still popular among those who require a high prestige, very stable company. The UK company has justifiably become a competitor for the Swiss company, whose formation and maintenance fees may be 5 or even 10 times higher than its counterpart in the UK.
UK LTD
INCORPORATION DATASHEET
Method of incorporation / registration: The Memorandum and Articles of Association must be signed by the subscriber of the company. The subscriber may be any private person or body corporate without any restrictions.
Company legal form: Private Limited Company by shares
Company status: Resident Company
Source of corporate legislation: Companies Act 1985; Companies Act 2006
Possible suffixes to company name: Limited or Ltd.
Restrictions on company name: Sensitive words need approval from the Companies House.
Time required for incorporation: 1 month
Number of directors: Minimum 1 of any nationality
Number of shareholders: Minimum 1
Capitalisation: Minimum share capital is 1 p. At least one share should be issued.
Accounting / reporting requirements: Yes. Annual report and audited accounts are required.
Type of shares: Ordinary, Preference, Cumulative preference, Redeemable
Annual tax and duties: 20-24%
Information publicly available: Directors, registered office, shareholders, accounts, company secretary, annual return.
Registered office: Local registered office is required by law.
Registered secretary / agent: It is advisable and LAVECO policy required the appointment of a local qualified secretary, who will be responsible for the preparation of the Annual Return of the company and for the keeping of professional records and deadlines to avoid the risk of penalties.
Double tax treaty: The UK has the widest network of DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee (including legal expenses, filling fees and stamp duties) 80 GBP
International authentication (Apostille): 125 GBP
Issuing of share certificates and initial minutes and forms: 55 GBP
Corporate seal: 10 GBP
Courier fees: 30 GBP
Subtotal: 300 GBP
ANNUAL FEES*
Registered office and registered agent: 490 GBP
Annual tax and duties: 20-24% on profit
Administration fee 200 GBP
Subtotal: 690 GBP
Total: 990 GBP


The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 690 GBP is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 990 GBP includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office and registered secretary for 1 year, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Memorandum & Articles of Association, Corporate Register, share certificates, initial forms and minutes and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Nominee shareholder: 250 GBP
Nominee director: Please contact us for individual quotation.
Notarial Certification: 150 GBP
Certificate of Good Standing with Apostille: 145 GBP
Apostile: 125 GBP
Service address for the Director(s) 200 GBP/year


United Arab Emirates, Ras Al Khaimah 700 EUR 790 EUR 500 EUR
UNITED ARAB EMIRATES, RAS AL KHAIMAH
Status Absolut Monarchy
Area, sq.km: 1,700
Population: approximately 300,000
Capital: Ras al Khaimah
Business language: Arabic (English is widely spoken)
Currency: UAE Dirham (AED)
Location: in the east of the Persian Gulf, the northernmost of the United Arab Emirates
Map
Time zone: GMT - 4
INCORPORATION DATASHEET

Advantages:

Companies registered by LAVECO Ltd. in Ras Al Khaimah are not offshore companies, but Free Trade Zone companies, attracting high levels of prestige internationally.

The United Arab Emirates is an extremely attractive jurisdiction, with a very good name.

Disadvantages: The United Arab Emirates is not a member of the Hague Convention on international authentication, and as such, the corporate documents can not be certified with Apostille. Having said that, it is possible to have corporate documents certified by foreign consulates or by Apostille in other countries.
Method of incorporation / registration The Memorandum and Articles of Association must be signed by the subscriber.
Company legal form Private Limited Company by shares
Company status International Business Company (IBC)
Source of corporate legislation RAK Free Trade Zone International Companies Regulations 2006
Possible suffixes to company name „Limited” or „Ltd”, „Incorporated”, or „Inc”
Time required for incorporation 3 - 4 weeks
Number of directors Minimum 1 of any nationality, corporate directors are allowed
Number of shareholders Minimum 1 of any nationality
Capitalisation Minimum 10 000 Dirhams (appr.=2000 EUR)
Accounting / reporting requirements Required, but not public
Type of shares Bearer or Registered
Annual tax and duties 500 EUR regardless of the authorized capital
Information publicly available Registered office and Registered Agent-Directors- Shareholders
Disclosure of beneficiaries Not required for the public records
Registered office Local registered office is required by law
Registered secretary / agent Local registered agent is required by law
Double tax treaty United Arab Emirates has double tax treaties with the following countries: Algeria,China, Jordan, Kuwait, Egypt, Finland, France, Malta, Pakistan, Poland, Germany, India, Indonesia, Italy, Malaysia, Mauritius, Romania, Seychelles, Singapore, South Korea, Sudan, Syria, Turkey, Yemen

COMPULSORY COSTS (payable prior to registration)

Registration Fee 700 EUR
Registred office and registered agent 790 EUR
Annual Tax 500 EUR
Total First Year Fees 1990 EUR

The amount of 1990 EUR includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, provision of registered office and registered secretary and payment of annual tax for the calendar year in which the company was formed, luxury leather corporate kit containing Certificate of Incorporation with Apostille, Memorandum & Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, share certificates, initial forms and minutes, and 2 company seals and postage of company documents to Budapest. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director 590 EUR
Nominee Shareholder 290 EUR
Power of Attorney 290 EUR
Legalization on a Consulate from 950 EUR


Utah - LLC 990 USD 690 USD 200 USD
Utah - LLC
INCORPORATION DATASHEET
Method of incorporation / registration: The Articles of Organization must be signed by the Manager of the company. The original document is submitted to the Secretary of State for filing.
Company legal form: Limited Liability Company.
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of Utah, 1991.
Possible suffixes to company name: LLC, Limited Liability Company, LC or Limited Company.
Restrictions on company name: The terms Bank, Insurance, Trust, Trustee and University may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 manager of any nationality
Number of shareholders: Minimum 1 member
Capitalisation: No minimum
Accounting / reporting requirements: The filing of a short report is required by the Secretary of State. Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued.
Annual tax and duties: 200 USD
Information publicly available: Registered office, registered agent, managers.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Registration fee: 290 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 210 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 690 USD
Annual tax and duties: 200 USD
Subtotal: 890 USD
Total: 1880 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 890 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1880 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Article of Organization with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 430 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 430 USD

 

Fees payable from the second year. Registered office and registered agent, annual tax and duties: 890 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

Vanuatu 990 USD 650 USD 300 USD
Vanuatu
Status Republic (formerly New Hebrides)
Area, sq.km: 12 190
Population: 193 000 (2001 July)
Capital: Port Vila
Business language: English, French
Currency: Vatu (VUV)
Location: Pacific Ocean, at the south-eastern part of Melanesia
Time zone: GMT + 10

 

INCORPORATION DATASHEET
Advantages: Modern and flexible company regulation law, Not well-known as an offshore jurisdiction
Disadvantages: -
Company status: International Business Company
Corporate legislation source: International Companies Act, 1992
Company name: Can be in any language, with any common ending
Time required for incorporation: 6-8 weeks
Minimum number of directors: 1
Usual minimum capital: 100 USD
Are accounts required:: No
Minimum number of shareholders: 1
Type of shares: Bearer or Registered
Annual tax and duties: 300 USD 
What information is available on the public file: Registered office, registered agent, Memorandum and Articles of Association
Non-public information: Names of directors and shareholders
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 400 USD
Notarial certification: 100 USD
International authentication (Apostille): 100 USD
Legal expenses, filing fees and stamp duties: 190 USD
Issuing of share certificates and initial minutes and forms: 100 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 990 USD
ANNUAL FEES*
Registered office and registered agent: 650 USD
Annual tax and duties: 300 USD
Subtotal: 950 USD
Total: 1940 USD


* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 950 USD is payable annually beginning from the 1st January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.

The amount of 1940 USD includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person): 690 USD
Nominee Director (corporate body): 495 USD
Nominee shareholder: 295 USD
Power of Attorney: 390 USD
Notarial Certification: 95 USD
Certificate of Good Standing: 295 USD

 

Washington DC - LLC 1095 USD 700 USD 90 USD + 150 USD
Washington DC - LLC
REGISTRATION DATASHEET
Method of incorporation / registration: The Articles of Organization must be signed by the organiser of the Company. The original documents submitted to the Secretary of State for filing.
Company form: Limited Liability Company.
Company status: Non-resident company.
Source of corporate legislation: Limited Liability Company Act of State of Columbia.
Possible suffixes to company name: LLC or Limited Liability Company.
Restrictions on company name: The terms Bank, Insurance, University, Trust and Trustee may not appear in the company name.
Time required for incorporation: 3-4 weeks
Number of directors: Minimum 1 manager of any nationality
Number of shareholders: Minimum 1 member is required
Capitalisation: No minimum
Accounting / reporting requirements: A short annual report is required by the Secretary of State. Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued
Annual tax and duties: 65 USD + 25 USD filing fee
Information publicly available: Registered office, registered agent, managers
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 160 USD
International authentication (Apostille): 160 USD
Legal expenses, filing fees and stamp duties: 215 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 1095 USD
ANNUAL FEES*
Registered office and registered agent: 700 USD
Annual tax and duties + TWO-year report filing fee: 90 USD + 150 USD
Subtotal: 940 USD
Total: 2035 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 940 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 2035 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Articles of Organization with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 330 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD

 

Fees payable from the second year. Registered office and registered agent, annual tax and duties + TWO-year report filing fee: 940 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

Wyoming - LLC 995 USD 795 USD 100 USD
Wyoming - LLC
REGISTRATION DATASHEET
Method of incorporation / registration: The Certificate of Formation must be signed by the organiser of the Company. The organiser may be any private person or corporate body without restriction.
Company form: Limited Liability Company
Company status: Non-resident Company
Source of corporate legislation: Limited Liability Company Act of Wyoming, 1977.
Possible suffixes to company name: LLC or Limited Liability Company.
Restrictions on company name: The terms Bank, Insurance, University, Trust and Trustee may not appear in the company name.
Time required for incorporation: 4-5 weeks
Number of directors: Minimum 1 manager of any nationality
Number of shareholders: Minimum 1 member
Capitalisation: No minimum
Accounting / reporting requirements: A short annual report is required by the Secretary of State. „FBAR" foreign bank account report required annually.
Type of shares: No shares are issued
Annual tax and duties: 100 USD
Information publicly available: Company name, managers, registered office, registered agent.
Disclosure of beneficiaries: Not required
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee: 390 USD
Notarial certification: 95 USD
International authentication (Apostille): 95 USD
Legal expenses, filing fees and stamp duties: 245 USD
Issuing of share certificates and initial minutes and forms: 70 USD
Corporate seal: 50 USD
Courier fees: 50 USD
Subtotal: 995 USD
ANNUAL FEES*
Registered office and registered agent: 795 USD
Annual tax and duties: 100 USD
Subtotal: 895 USD
Total: 1890 USD


*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 895 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 1890 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Certificate of Formation with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Certificate of Status Letter: 330 USD
Notarial Certification or Apostille: 160 USD
Certificate of Good Standing: 330 USD

 

Fees payable from the second year. Registered office and registered agent, annual tax and duties: 895 USD

In the case of Limited Liability Companies registered in the USA, LAVECO Ltd. is unable to provide nominee services.

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