Aspen Trust

General Information

• Type of Company – Limited Liability Company
• Legislation – Common Law
• Company name - Non-English names are permitted
• Time-scale for incorporation - within 3 days
• Change in domicile is permitted
• Double tax treaties - with 18 countries
• Ready-made companies are available
• Taxation on profits - Nil

Local Requirements

• Registered Office is required
• Company Secretary is required
• Corporate secretaries and corporate directors are permitted
• Local directors are not required
• Public recording of shareholders and directors is not required.

Corporate Requirements

• Minimum number of shareholders - One (1)
• Minimum number of directors - One (1)
• Minimum capital requirement - None
• Standard Authorised Capital - US$100,000.
• Bearer shares permitted but they must be held at the registered office.

Annual Requirements

• Annual returns are not required
• Annual meetings are not required
• Audited financial statements are not required
• Statutory accounting is not required.
• Annual Government filing fee of US$220.