General
Type of Company C Corporation
Political Stability Excellent
Standard Authorized Capital No
Tax on Offshore Profits 1
Corporate Requirements
Local Registered Office and Registered Agent Required Yes
Minimum Number of Directors/Managers 1
Local Directors Required No
Corporate Directors Permitted No
Minimum Number of Shareholders/Members 1
Local Shareholders Required No
Corporate Shareholders Permitted Yes
Company Secretary Required No
Bearer Shares Allowed No
Annual Requirements
Filing of Annual Return Yes
Submit Audited Accounts Yes
Min. Annual Tax / License Fees 2
Shelf Companies Available No
GENERAL INFORMATION
Procedure To Form
Filing of Articles of Incorporation or Certificate of Incorporation with the Secretary of State in the preferred state of incorporation.
Language of Legalization And Corporate Documents
English. If any other language is used it must be accompanied by a translation in English.
Name Restrictions
Anything identical or similar to an existing companywithin the state of incorporation. Additionally, the use of bank or trust within the name of the corporation is prohibited in all 50 states without first obtaining consent from the banking authorities in the state of incorporation.
Suffixes To Denote Corporation
Incorporated, Corporation, Limited, Company or their abbreviations Inc, Corp, or Ltd. Some of the recommended states allow other suffixes such as Fund, Association, Foundation, Syndicate, Club, Society and Institute.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.
