Jurisdiction Comparison Table Close this windowClose

Jurisdiction Company type Shelf companies available Minimum Time to incorporate Min no of Directors Directors to be resident

Corporate directors permitted

 Secretary required Min no of shareholders Tax rates % Disclosure of ownership AGM required Filing of Annual return Filing of Accounts

Accounts Audited
Bahamas IBC Yes 3 days 1 No Yes Yes 1 0% No Yes No No No
Belize IBC Yes 3 days 1 No Yes No 1 0% No No No No No
British Virgin Islands BC Yes 3 days 1 No Yes No 1 0% No No No No No
Cayman Islands Exempt No 2 weeks 1 Advisable Yes Yes 1 0% Yes Yes Yes No No
Cyprus Limited No 2 weeks 1 Advisable Yes Yes - resident 2 10% Yes Yes Yes Yes Yes
Delaware Corporation Yes 3 days 2 No No No 1 0% No Yes No No No
Hong Kong Limited Yes 2 weeks 2 No Yes Yes - resident 2 0% No Yes Yes Yes Yes
Gibraltar Exempt Yes 1 week 1 No Yes Yes 2 0% Yes Yes Yes No No
Isle of Man Limited Yes 3 days 2 Advisable No Yes 1 0% No Yes Yes No No
Isle of Man LLC No 3 days 2 Advisable No Yes - resident 2 0% No Yes Yes No No
Isle of Man International Yes 3 days 2 Yes No Yes - resident 1 1% to 35% No Yes Yes Yes No
Jersey Exempt No 4 weeks 1 No No Yes 2 0% Yes Yes Yes No No
Nevis IBC Yes 3 days 1 No Yes No 1 0% No No No No No
Mauritius Offshore No 2 weeks 2 Yes No Yes - resident 2 2% Yes Yes No Yes No
Panama IBC Yes 3 days 3 No Yes No 2 0% No No No No No
Turks and Caicos IBC No 3 days 1 No Yes No 1 0% No No No No No
United Kingdom Limited Yes 1 week 1 No Yes Yes - resident 1

10% to 32.5%

 No Yes Yes Yes Possible
Colorado/Delaware LLC No 3 days 2 No Yes No 2 0% No Yes No No No