Aspen Trust

General Information

• Type of Company - Private Company
• Legislation - Common Law
• Company name - Non-English names are allowed
• Time-scale for incorporation - 2-3 working days
• Change in domicile is permitted
• Double tax treaties - N/A
• Shelf companies are not available
• Taxation on profits - Nil

Local Requirements

• Registered office is required
• Company secretary and local secretary are not required
• Local directors are not required
• The location of meetings can be anywhere in the world
• Public recording of directors and shareholders is not required 

Corporate Requirements

• Minimum number of shareholders - One
• Minimum number of directors - One
• Usual authorised capital - Nil (concept of stated capital)
• Standard currency of share capital - USD
• Minimum paid up share capital - USD1.00

Annual Requirements

• It is not a requirement to prepare and file accounts
• There is no requirement for audited accounts
• It is not a requirement to file annual return
• It is not a requirement to have publicly accessible accounts
• The minimum government fees are USD300