The population of the Island is approximately 1,250,000 made up principally by people of European, African, Indian and Chinese origin. Mauritius takes pride in the fact that these different cultures co-exist in peace and succeed in creating a cultural entity that is distinctly Mauritian.
Introducing a simple form of incorporation that enable a company to be incorporated on the filing of a single application with the necessary consents from the proposed directors and secretary, and a notice of reservation of the proposed company name. Submission of Constitution is unnecessary at the time of incorporation.
The Seychelles Special License Company (or "CSL" as it is better known) - is a relatively new product which came about by virtue of the passing of the Seychelles Companies (Special Licenses) Act in 2003.Of added advantage is the CSL’s ability to sidestep blacklisting by onshore jurisdictions by virtue of its classification as a low-tax (as opposed to zero-tax like the IBC) Domestic Company.
An IBC is now required to keep its share register (register of members) and register of directors in Seychelles. The registers may be in electronic or other data storage form (i.e. an emailed PDF or Word copy is sufficient). A company may (in addition) keep a copy of the registers outside Seychelles.
Unless otherwise indicated, the Cayman Islands Company mentioned in below refers to an Exempted Company (limited by shares) formed registered in accordance with the Companies Law (Revised) (Companies Law), and a partnerships registered in accordance with the partnership Law (Revised) (Partnership Law) of the Cayman Islands.
Directors' and shareholders' minutes of meetings are to be signed by the chairman of the meeting or by one of the directors who is a party to the proceedings (s.103(1)(b)). Where requested, Kaizen CPA Limited ("Kaizen") will assist in the preparation of resolutions. Notice and quorum provisions for meetings are set out in the articles of association.
Samoa has enacted laws to assist in the prevention of money laundering. Those laws require that background information be obtained in relation to the Company.We therefore require information on each Principal Beneficial Shareholder/Owner of the Company, meaning any person beneficially owning 10% or more of the shares in the Company.
Unless otherwise indicated, the Cayman Islands Company mentioned in below refers to an Exempted Company (limited by shares) formed and registered in accordance with the Companies Law (Revised) (Companies Law) of the Cayman Islands.The Cayman Islands Company must have at least one shareholder, that may either be a company or a person, regardless of nationality or residence.
The Registrar of Corporate Affairs (the “Registrar”) in the British Virgin Islands has responsibility for the incorporation, striking off and restoration of companies to the Register of Companies. If the company in the BVI has been struck off or dissolved, there are two restoration processes in the BVI: Restoring a company that has been struck off the Register but not yet dissolved; and Restoring a company that has been dissolved.
If the company has been active, possibly with outstanding assets or liabilities and the directors wish to have a proper discharge from their duties, then placing the company into voluntary liquidation and appointing a liquidator to wind up the business is the preferred choice.If the shareholders and directors are satisfied there are no assets or liabilities remaining in the company, and it has not been considered an active business