Company Law |
The International Business Companies Ordinance, 1994 |
Type of Company |
International Business Company (IBC) |
Taxation of foreign profits |
Nil |
Exchange controls |
None |
Length of time to incorporate |
Few minutes |
Shelf companies available |
Yes |
Length of time for name search |
Few minutes |
Minimum number of shareholders |
One, corporate shareholder permitted |
Minimum number of directors |
One, corporate director permitted |
Company secretary |
Optional |
Bearer shares permitted |
Yes (Restricted) |
Qualified Registered office /Agent |
Yes /Yes |
Government register of shareholders |
Optional |
Government register of directors/officers |
Optional |
Government register of charges |
Optional |
Requirement to file Annual Returns |
No |
Requirement to file Annual Audited Accounts |
No |