Comparative Table of Jurisdictions

Jurisdiction Approximate time to incorporate Minimum Annual Licence Duty or Franchise Fee Documents required to be filed Minimum Number of Directors Corporate Directors Permitted Minimum Number of Share-holders Bearer Shares Permitted
BELIZE 24 hours US$100 M&AA 1 Yes 1 Yes (Restricted Mobility)
BVI 24 hours US$350 M&AA 1 Yes 1 Yes (Restricted Mobility)
NEVIS 24 hours US$220 M&AA 1 Yes 1 Yes (Restricted Mobility)
ANGUILLA 24 hours US$200 M&AA 1 Yes 1 Yes
PANAMA 1-2 days US$300 M&AA 3 Yes 1 Yes
SEYCHELLES 2 days US$100 M&AA 1 Yes 1 Yes

Jurisdiction Local Directors/ Sectretary Required Shelf Companies Available Redomiciliation Option Company Seal Required Requirement to file Annual Returns or Similar Disclosure of Beneficial Ownership Requirement to file accounts Taxation on Foreign Profits
BELIZE No/No Yes Yes Optional No No No Nil
BVI No/No Yes Yes Yes No No No Nil
NEVIS No/No Yes Yes Optional No No No Nil
ANGUILLA No/No Yes Yes Yes No No No Nil
PANAMA No/Yes Yes Yes Optional No No No Nil
SEYCHELLES No/No Yes Yes Optional No No No Nil