The normal authorised share capital is US$1,000,000 divided in to 1,000,000 shares of US$1, this being the maximum capital for the minimum fees for incorporation and annual fees. The share capital can be expressed in any currency. The minimum issued capital is one share.
Company Law No. 32 1927. Language of Legislation and Corporate Documents:Spanish. Name of Banks, Insurance, Investment Fund, Trust Company or their equivalents requiring consent or license.Name Restrictions:Names identical, similar or offensive words
Business Corporations Act 1990. Summary of Features of Marshall Islands Company, Summary of Features of Marshall Islands Company, Summary of Features of Marshall Islands Company.Name Restrictions:Names identical or similar, offensive words are not allowed
The Republic of Marshall Islands offshore companies, such as Non-Resident Domestic Corporations (or International Business Companies, "IBCs"), are essential to commercial life. It is important for thousands continuing to use IBCs to make sure that some things don’ t change. There are important elements to determine the usefulness of the NRDC / IBC and worthiness of its origin: Political stability in the selected jurisdiction;
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.