Thursday, March 25, 2010

The world's three largest offshore companies registered in a legal comparative study Serial 9

offshore company share capital

(1) Bermuda at least 12,000 U.S. dollars the company's issued share capital payment. Does not allow no-par value bearer shares and stocks. The full price of the stock may be issued or zero price difference distribution issue.

(2) British Virgin Islands there is no minimum nominal share capital or issue equity capital. International Business Companies must be Limited, can virtual office issue bearer or bearer shares, regardless of whether the face value of the stock. The full price of the stock to be issued, but also can determine their commitment to promissory notes or other debt issued in writing.

(3), the Cayman Islands. There is no minimum nominal share capital or issue equity capital. Company should pay the government an annual fee based on its nominal share capital (up to 50,000 U.S. dollars) to pay. Allow bearer shares with no par value shares; can be full price issue, post issue or zero price distribution.

Offshore company's annual expenses and income

(1) Bermuda. Off the coast of the company should be established and after a year in January to pay (if set up in August 31 then the annual cost after the half). Charges based on the number of nominal share capital and share premium issued the number of terms, at least 1, 780 U.S. dollars, up to 27,825 U.S. dollars. Companies are required to report annual income returns, lists the company's main business (according to the classification provisions), as of August 31 detailing the previous year's estimated capital companies.

(2) British Virgin Islands called on the international business company from its inception in the year May 31 or November 30 (depending on date of establishment in the first half or second half of the decision) to the British Virgin Islands Registrar of Companies pay a fee , sliding fee based on equity capital derived: a. equity capital is equal to or less than 50,000 dollars, to pay 300 U.S. dollars. b. equity capital is greater than 50,000 dollars, to pay 1,000 U.S. dollars. c. need to complete the annual income declaration form.

(3), the Cayman Islands. Require the establishment of overseas companies and the subsequent payment of a fee each year in January. Contributions Standard According to the company type and the number of equity capital may be calculated. January each year, overseas companies must fill in income declaration form. In addition, foreign companies need to confirm the outline of his company have not changed, the company main business is conducted outside in the Cayman Islands, the Cayman Islands, at least once within the Board of Directors.

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