[wpdiscuz_comments]
Offshore tax exemption/or no tax | |
Local corporate income tax |
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Local sales tax | 12% |
Local dividend tax |
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Local capital gain tax |
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Local property tax |
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Local withholding tax |
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Local transfer tax |
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EU list | Cleared |
Automatic exchange of information | Yes |
Exchange of information on request | Yes |
Base erosion and profit shifting | Yes |
Standard registered capital | 50000 USD |
Minimum paid-up capital | Minimum paid-up capital not required |
Bearer shares | Bearer shares not available |
100% foreign ownership | |
Legal basis | Common Law |
No foreign exchange control | |
Local registered address required | Yes |
Company secretary required | No |
Local registered agent required | Yes |
Minimum number | 1 |
Private register of shareholder | |
Nominee shareholder acceptable | |
Corporate shareholder acceptable |
Minimum number | 1 |
Local resident required |
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Private register of director | |
Nominee director available | |
Corporate director acceptable |
Public register of beneficial owner | No, private registry |
Central register of beneficial owner | Yes, central register |
Annual return |
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Annual tax return |
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Records keeping | Yes |
Audited accounts |
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No annual general meeting | |
Economic substance | Yes |