| General Information |
|---|
| Type of Company | Non-resident International Business Company (IBC) |
| Timescale to incorporate | 2 working days |
| Corporate Taxation | Nil |
| Double Tax Treaty Access: | No therefore no requirement for exchange of information with other Tax Authorities. |
| Directors |
|---|
| Minimum No. Required | 1, Corporate Directors are permitted |
| Local Director Required | No |
| Publicly accessible information | No |
| Location of Meetings | Anywhere |
| Shareholders |
|---|
| Minimum No. Required | 1, 100% foreign shareholders allowed |
| Publicly accessible information | No |
| Location of Meetings | Anywhere |
| Company Secretary |
|---|
| Required | No |
| Local Secretary Required | N/A |
| Registered Office / Agent Required | Yes |
| Share Capital |
|---|
| Standard Currency | USD |
| Standard Authorised | USD 50,000 |
| Minimum Paid Up Capital | No minimum authorised share capital. No minimum paid up capital. |
| Accounting & Compliance |
|---|
| Requirements to prepare Accounts | No |
| Requirement for Audit | No |
| Local Auditor Required | N/A |
| Requirement to File Accounts | No |
| Requirement to file Annual Return | No |
| Additional Information |
|---|
| Bank Account Opening | Eltoma Corporate Services can open a bank account in Cyprus for a Nevis Company without presence. We can also offer bank accounts in a number of other jurisdictions, please contact us for information. |
