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Setup Requirement

Article Source:Youxinda Business Popularity:696 Published time:2014-12-23 11:58:25
Company Name
  >English name; or

  >Both English and Chinese name.

    Chinese name extra fee USD 150.


Shareholder(s) and Director(s)
  >No nationality restriction;
  >Minimum one shareholder and one director; 
    Shareholder and director can be same entity.
  >Shareholder and director must have a valid passport; 
    Hong Kong Identity Card are not acceptable
  > Corporate shareholder and director is acceptable;
  > A copy of passport and residential address proof are required for company registration; and

  >Reference Letter from CPA / Lawyer / Banker is required for company registration.


Company Secretary and Registered Address
  >A Cayman Islands Registered Address is required; 
    Included in our service package and annual renewal fee.
  >A correspondence address is required; 
    If join our Correspondence Address parking service, this information is no need to provide.
  > Client should maintain an alternative address for operation; and

  >Company secretary is optional under Cayman Islands regulation.


Capital Requirement
  >Minimum paid up share capital required is USD 1; and
  >Standard authorized capital is USD 51,200 divided into 51,200 shares.
  >Standard number of shares is 51,200 shares. 
    Additional setup and renewal fee applies if exceed USD 51,200 shares.

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