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Formation Requirement

Article Source:Youxinda Business Popularity:7075 Published time:2014-12-17 11:44:07
Company Name
  >English name; or
  >Both English and Chinese name. 

  Chinese name extra fee USD 100 waived for incorporation.


Shareholder(s) and Director(s)
>No nationality restriction;
>Minimum one shareholder and one director; 

  Shareholder and director can be same entity.

>Corporate shareholder and director is acceptable; and

>A copy of passport and residential address proof are required for company registration.


Company Secretary and Registered Address
>A registered address is required in BVI; 

  Included in our service package and annual renewal fee.

>A correspondence address is required; and 

  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 BVI regulation.


Capital Requirement
>Minimum 1 share to be issued (equivalent to USD1);
>Par value per share are normally USD1; and
>Standard number of shares is 50,000 shares. 
  Aadditional setup and renewal fee applies if exceed 50,000 shares.

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