GENERAL INFORMATION
Total area - 6452 sq km
Population – 952,065
Political status – US state
Capital – Dower
Official language - English
Official currency – Pound
Time zone - GMT - 5
| Basic Information | |
| 1. Political Stability | 1. Good |
| 2. British Based Legal System | 2. No |
| 3. Type of Company | 3. Corp. 3. LLC |
| 4. Migration of Domicile Permitted | 4. Yes 4. Yes |
| 5. Tax by Jurisdiction on Offshore Profits | 5. Nil (*L) 5. Nil (*L) |
| Corporate Requirements | |
| 1. Minimum Number of Shareholders | 1. One 1. N/A |
| 2. Minimum Number of Directors | 2. One 2. N/A |
| 3. Corporate Directors Permitted | 3. No 3. N/A |
| 4. Secretary Required | 4. Yes 4. No |
| 5. Standard Authorised Capital | 5. 1,500 NPV (*H) 5. N/A |
| 6. Bearer Shares Permitted | 6. No 6. N/A |
Local Requirements | |
1. Registered Office/ Registered Agent | 1. Yes 1. Yes |
2. Company Secretary | 2. No 2. No |
3. Local Directors | 3. No 3. N/a |
4. Local Meetings | 4. No 4.No |
| Due Diligence / Disclosure | |
1. Due Diligence Required | 1. Yes 1. Yes |
2. Disclosure of Beneficial Owner on Public File | 2. No (*BA) 2. No (*BA) |
3. Government Filing of Register of Directors | 3. Yes 3.N/A |
4. Government Filing of Register of Shareholders | 4. No 4. N/A |
Annual Requirements | |
1. Annual Return | 1. Yes 1. No |
2. Audited Accounts | 2. No 2. No |
| Shelf Companies Available | No |
| Days to Incorporate Companies on Request (Approx.) | 7 |
| Tax Treaties Access | No |
*L – Tax advice required in relation to issues on federal tax and tax forms reporting requirements | |
*H – Share of No Par Value | |
*BA – Only to Registered Agent | |
