OFFSHORE COMPANY FORMATION
FREQUENTLY ASKED QUESTIONS

Frequently Asked Questions on Offshore Company Formation and Maintenance

1. Registration of International Business Company (Offshore Company) in Seychelles

Q1. Who is the Registrar of IBC's?
Q2. What types of IBC's are allowed?
Q3. How do I register an IBC?
Q4. Are non-English language names permitted?
Q5. What are Name endings to denote Limited Liability?
Q6. How much will it cost to incorporate an IBC?
Q7. Are bearer shares allowed and are corporate directors and shareholders allowed?
Q8. Can the company have one director and one shareholder?
Q9. Is it required to have Company Secretary and Local Directors or Local Shareholders?
Q10. Are any Local Meetings required?
Q11. Is it required to keep books and records and file accounts?
Q12. Can an IBC operate from an office in Seychelles, and Maintain a foreign exchange bank account in Seychelles?
Q13. Is confidentiality granted to IBC's and what information is public?
Q14. Can an IBC invest in Seychelles?
Q15. Is migration of domicile to and from Seychelles permitted?

2. Registration of an Exempted Company in Cayman Islands

Q1. How long does it take to incorporate a Company?
Q2. Do the directors have to be residents of the Cayman Islands?
Q3. How many directors can a company have?
Q4. Do we provide Directors?
Q5. Do the directors have to hold any meetings in the Cayman Islands?
Q6. Are there any taxes in the Cayman Islands?
Q7. How easy is it to change shareholders and/or directors?
Q8. Is a Cayman Islands company required to have a bank account in the Cayman Islands?
Q9. Is a Cayman Islands company required to prepare annual financial statements?
Q10. Does the Company need an audit?