INTERNATIONAL BUSINESS COMPANIES
- IBC Basics

BASIC IBC INFORMATION FOR TAX EXEMPT OR LOW TAX (1%) COMPANY

SPECIFICATIONS:

Type of Company	IBC
Minimum No.of Directors	1
Bearer Shares allowed	No
Public Disclosure of Directors/Shareholders	Not required.
Local Directors required	No
Standard Authorised Capital	N/A
Audited Accounts Required	No (unless one opts to pay 1% tax on chargeable income)
Time to Incorporate	48 Hours (maximum)
Other Requirements	Registered Agent; Registered Office; Co. Seal