| 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. |
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