| Over the last 20 years the AMS Group has become a market leader in the provision of offshore services. Established in the British Virgin Islands, the AMS Group has subsequently opened offices in Hong Kong, Nevis, London, Luxembourg and Mauritius. We have now expanded our range of services. As a result of market demand we also provide services from onshore jurisdictions, namely the United Kingdom and Delaware.
The AMS Group covers the world’s leading corporate jurisdictions. From such jurisdictions, some with extensive tax treaty networks, the AMS Group provides corporate services including: company formation; corporate directors; nominee shareholders; registered office/agent and post incorporation administration.
Below is a brief summary of the comparative features of selected corporate jurisdictions.
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FEATURES |
BVI IBC |
UK PRIVATE COMPANY |
CAYMAN
EXEMPT CO. |
DELAWARE
CORPORATION |
MAURITIUS GLOBAL BUSINESS CO.
CATEGORY 1 |
MAURITIUS GLOBAL BUSINESS CO.
CATEGORY 2 |
NEVIS NBC |
|
LEGAL & POLITICAL SYSTEM |
|
Legal System |
Common Law |
Common Law |
Common Law |
Common Law |
Common Law |
Common Law |
Common Law |
|
Political System |
British Overseas Territory |
Parliamentary Democracy |
British Overseas Territory |
Representative Democracy |
Presidential
Democracy,
Part of British
Commonwealth |
Presidential
Democracy,
Part of British
Commonwealth |
Independent Parliamentary Democracy |
|
INCORPORATION |
|
Name Reservations |
Yes |
No |
Yes |
Yes |
Yes |
Yes |
Yes |
|
Government Incorp Fees |
US$300 |
GBP£20 |
US$575 |
US$74 |
Currently US$500
But under review |
Currently US$100
But under review |
US$220 |
|
Chinese Names on Certificate of Incorporation |
No |
No |
Yes |
Yes, but must show translation |
Yes |
Yes |
No |
|
Standard Authorised Capital |
US$50 000 |
GBP£1,000 |
US$50,000 |
1500 shares - no par value |
US$100,000 |
US$100,000 |
US$1,000 |
|
Shelf Companies Available |
Yes |
Yes |
Yes |
Yes |
No |
Yes |
Yes |
|
Constitutional Documents in Chinese |
Yes |
No |
Yes |
No |
Yes |
Yes |
Yes |
|
Incorporation Time |
24 Hours |
5 Days ¹ |
48 Hours |
48 Hours ² |
10 days |
24 Hours |
24-48 Hours |
|
CORPORATE REQUIREMENTS |
|
Registered Office/Agent |
In BVI |
In UK |
In Cayman |
In Delaware |
In Mauritius |
In Mauritius |
In Nevis |
|
Minimum Number of Directors |
1 |
1 |
1 |
1 |
1 |
1 |
1 ³ |
|
Local Director Required |
No |
No |
No |
No |
Yes |
No |
No |
|
Secretary Required |
No |
Yes |
No |
No |
Yes |
No |
Yes |
|
Minimum Number of Shareholders |
1 |
1 |
1 |
1 |
2 unless the only shareholder is a corporate |
1 |
1 |
|
Bearer Shares |
Yes |
Yes |
Yes |
No |
No |
No |
Yes |
|
Share Capital |
Any Currency |
Any Currency |
Any Currency |
US Dollars |
Any Currency |
Any Currency |
Any Currency |
|
Shares Without Par Value |
Yes |
No |
No |
Yes |
Yes |
Yes |
Yes |
|
Disclosure of Directors |
No |
Yes |
Yes |
Yes 4 |
Yes |
Yes |
No |
|
Disclosure of Shareholders |
No |
Yes |
No |
No |
Yes |
Yes |
No |
|
ANNUAL REQUIREMENTS |
|
Annual Government Fee |
US$300 |
GBP£15 filing fee |
US$575 |
US$50 5 |
Currently
US$1,500
But under review |
Currently US$100
But under review |
US$220 |
|
Annual Accounts Filing Required |
No |
Yes |
No |
Yes |
Yes |
No |
No |
|
AGM Required |
No |
Yes 6 |
No |
No |
Yes |
No |
No |
|
Local Tax on Profits |
No |
Yes |
No |
Yes 5 |
Yes |
No |
No |
¹ Same day incorporation available for additional fee ² 24 hour processing available for additional fee ³ Depending on number of shareholders 4 At year end 5 Government fee and local tax based (not on profits) on authorised share capital or amount of no par value shares issued 6 Unless an elective resolution is passed dispensing with the need to hold AGMs.
The AMS Group
Sea Meadow House, Road Town,
Tortola, British Virgin Islands
Tel: (284) 494 3399 - Fax: (284) 494 3041
Contact us by e-mail
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