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| Offshore Inc Rating |
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| Type of company |
IBC
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BC
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International
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IBC
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Corporation
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Corporation
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Exempt
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IBC
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IBC
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Ltd
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Ltd.
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Private Limited
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| Common or Civil Law Jurisdiction |
Common
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Common
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Common
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Common
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Common
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Common
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Common
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Common
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Common
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Civil
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Common
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Common
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| Shelf Company Availability |
Yes
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Yes
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Common
|
Yes
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No
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No
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No
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No
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No
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No
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No
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Common
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| Minimum annual government fee |
US$ 110
|
US$ 350
|
US$ 300
|
US$ 200
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US$ 175
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US$ 35
|
US$ 580
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US$ 100
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US$ 350
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US$ 300
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HK$2705
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S$ 50
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| Annual return required |
No
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No
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No
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No
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Yes
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Yes
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Yes
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No
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No
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No
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Yes
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Yes
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| Taxation on foreign profits |
None
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None
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None
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None
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U.S. Govt.,
Taxes Only
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U.S. Govt.,
Taxes Only
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None
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None
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None
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None
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None
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Yes
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| Disclosure of beneficial ownership |
No
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Only To Registered Agent
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Only To Registered Agent
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No
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No
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No
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Only To Registered Agent
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Only To Registered Agent
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Only To Registered Agent
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No
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Yes
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| Bearer shares permitted |
Yes
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Yes
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Yes
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Yes
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Yes
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No
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No
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Yes
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No
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Yes
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No
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No
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| Standard minimum paid up capital |
US$ 1
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US$ 1
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US$ 1
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US$ 1
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US$ 0
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US$ 0
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US$ 1
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US$ 1
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US$ 5,000
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US$ 0
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HK$ 1
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S$1
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| Standard authorised share capital |
US$ 100,000
|
50,000 shares
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US$ 1,000,000
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US$ 50,000
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US$ 75,000
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N/A
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US$ 50,000
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US$ 5,000 in US$1 shares
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US$ 50,000
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500 NPV Shares
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HK$10,000
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Not
Applicable
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| Permitted currencies of capital |
Any
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Any
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Any
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Any
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US$
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US$
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Any
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Any
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Any
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US$
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Any
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SGD or USD
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| Minimum number of shareholders |
1
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1
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1
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1
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1
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1
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1
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1
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1
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1
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1
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1
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| Minimum number of Directors |
1
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1
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1
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1
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1
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1
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1
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1
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1
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3
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1
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1
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| Corporate directors / managers permitted |
Yes
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Yes
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Yes
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Yes
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Yes
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No
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Yes
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Yes
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Yes
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Yes
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Yes
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No
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| Local directors / managers required |
No
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No
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No
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No
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No
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No
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No
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No
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No
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No
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No
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Yes
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| Registered Office / Agent |
Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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| Company secretary required |
No
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No
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Yes
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No
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No
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No
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No
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No
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Yes
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Yes
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Yes
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Yes
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| Company seal required |
No
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Yes
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Yes
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Yes
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Yes
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Yes
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No
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Yes
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Yes
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Yes
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Yes
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Yes
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| Public record of directors / managers |
No
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No
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No
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No
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No
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Yes
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Yes
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No
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Yes
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Yes
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Yes
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Yes
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| Public record of members |
No
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No
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No
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No
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No
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No
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No
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No
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No
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No
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Yes
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Yes
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| Location of directors / managers meetings |
Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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| Location of members meetings |
Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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Anywhere
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| Telephone board / managers meetings permitted |
Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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Yes
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| Audit Required |
No
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No
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No
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No
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No
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No
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No
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No
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No
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No
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Yes
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Not if Exempt Private Company
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Prices (US$) (including first year government fees & registered office, excluding courier charge to your office.)
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| Simple Incorporation |
900
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1060
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980
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900
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650
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630
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2520
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1080
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1145
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1390
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2200 |
S$3500
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| Incorporation with Isle of Man Bank Account. |
1650
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1810
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1730
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1650
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1400
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1380
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3270
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1620
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1885
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2140
|
2950 |
S$4625
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| Incorporation with Singapore Bank Account. |
1650
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1810
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1730
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1650
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1400
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1380
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3270
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1620
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1885
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2140
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2950 |
S$4475
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| Incorporation with Hong Kong Bank Account. |
1650
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1810
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1730
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1650
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1400
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1380
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3270
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1620
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1885
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2140
|
2950 |
S$4625
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| Incorporation with Swiss Investment Account. |
1550 |
1710 |
1630 |
1550 |
1300 |
1280 |
3170 |
1520 |
1785 |
2040 |
2850 |
S$4475
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| Incorporation with USA Investment Account. |
1550 |
1710 |
1630 |
1550 |
1300 |
1280 |
3170 |
1520 |
1785 |
2040 |
2850 |
S$4475
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Incorporation with London Bank Account.
|
1650 |
1810 |
1730 |
1650 |
1400 |
1380 |
3270 |
1620 |
1885 |
2140 |
2950 |
S$4675
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| Incorporation with Seychelles Bank Account |
1650 |
1810 |
1730 |
1650 |
1400 |
1380 |
3270 |
1620 |
1885 |
2140 |
2950 |
S$4675
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Annual Fees starting second year (US$)
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| Annual Tax / License/Filing Fees |
110
|
370
|
300
|
200
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175 list filing fee due 30 days after incorporation
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Delaware
Franchise Tax§
|
580
|
100/
350/1000*
|
350
|
300
|
385 |
S$50
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| Normal Local Annual Fees** |
390
|
300
|
300
|
350
|
250
|
250
|
800
|
300
|
400
|
300
|
450 |
S$2650
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| Normal Total Annual Cost from Second Year |
500
|
670
|
600
|
550
|
425
|
410
|
1380
|
400/
650/1300*
|
750
|
600
|
835 |
S$2700
|
* 
Services for Professionals
