Jurisdictions

  Tax: Company type: No. of required shareholders: Local director: Local secretary: Filing of financial reports:

Cyprus

12.5 % Private Limited Company (LTD) 1 Yes Yes Yes

Singapore

17 % Private Limited Company (LTD) 1 Yes Yes Yes

Panama

0 % International Business Company (IBC) 1 No No No

Hong Kong

16.5 % Private Limited Company (LTD) 1 Yes Yes Yes

Seychelles

0 % International Business Company (IBC) 1 No No Yes

BVI (British Virgin Islands)

0 % Business Company (BC) 1 No No No

Russia

15
- 25 %
Closed Joint Stock Company (CJSC) 1 No No Yes

Mauritius

0
- 3 %
GBC2 1 No No Yes

China (JV)

25 % Joint Venture (JV) 2 No No Yes

RAK

0 % International Business Company (IBC) 1 No Yes Yes

Cayman Islands

0 % Cayman Islands Exempt Company 1 No No No

UK LTD

20
- 23 %
Private Limited Company (LTD) 1 No No Yes

UK LLP

0 % Limited Liability Partnership (LLP) 2 No No Yes

Delaware

0 % Limited Liability Company (LLC) 1 No No No

Switzerland (AG/SA)

11.48
- 24.43 %
Stock Corporation (AG / SA) 0 Yes No No

Gibraltar

0 % Gibraltar Non Resident Company 1 No Yes Yes

Nevis

0 % Limited Liability Company (LLC) 1 No No No

Dubai

0 % International Business Company (IBC) 1 No No No

Malta

5
- 35 %
Private Limited Liability Company 2 Yes No Yes

Costa Rica

0 % Private Corporation S.A. 2 No No No

Dominica

0 % International Business Company (IBC) 1 No No No

Anguilla

0 % International Business Company (IBC) 1 No No No

Belize

0 % International Business Company (IBC) 1 Yes No No

Marshall Islands

0 % Limited Liability Company (LLC) 1 No No No

Bulgaria

12.5 % 1 Yes Yes Yes