Company Formations by Jurisdiction

A Company is one of the most preferred means for forming a legal person and Empire can assist you in forming a company in many jurisdictions across the world based on your needs. A company helps to keep your identity separate from the identity of your business and also for taxation and financial matters.

The primary jurisdictions where we offer our company formations service are:

(a) Belize

We assist in the formation of a Belize IBC which is the most preferred form of company formation in Belize and is formed under the International Business Companies Act. The Process of company formation in Belize is fast and does not involve any kind of tax liability for the customers.

The main characteristics of an IBC in Belize are:

Local registered Address:

Companies must have a local registered address in Belize and a local registered agent. The principal office address can be anywhere in the world.

Shareholder requirement

A single shareholder either a Company or a natural person is required for the formation of the Company. The shareholder can have a minimum of one share with a value of $1. A nominee shareholder can be arranged on request.

Directors or Manager for the company

A minimum of one director is required for the company. A nominee director can be arranged if desired by the company. No officers or managers are required to be appointed by the company.

Authorized Share Capital

Commonly a share capital of $50,000 divided into 50,000 registered shares of $1 is the most preferred mode for shareholding and is the standard form chose by most companies.

Speed of Formation: Most of the processes for the formation of a Company are completed within 2-3 business days.

Nevis

Limited Liability Company (LLC) is Nevis another option that is recommended for incorporating a company. The company is based on the Nevis Business Corporation ordinance which is considered very strong legislation for protecting companies and their assets.

Local registered Address:

Companies must have a local registered address in Nevis and a local registered agent.

Members requirement

A Member is the Nevis Company equivalent of a shareholder and there must be at least one member.

Manager for the company

A manager is the equivalent of a Director in a Nevis company and he can be a no shareholder as well. A manager may be from any country in the world and a member can also be a manager. A nominee manager may also be arranged.

Data Protection

Data protection is taken in Nevis and no public information on Managers or members is available to the public.
Speed of Formation: Most of the processes for the formation of a Company are completed within 2-3 business days. The faster single day formation process is also available under special circumstances.

Panama

The country of Panama is also an important corporate hub with several companies based in the country. The country boasts of a location advantage and a favorable taxation regime. The main features of a company based in Panama are:

Local registered Address:

Companies must have a local registered address in Nevis and a local registered agent.
Shareholder requirement
At least one shareholder is required for a Panamanian Company.
Officer for the company

Three officers are needed at a minimum for every company in Panama. They are President, Secretary, and Treasurer and can belong to any jurisdiction from around the world. Nominee officers may be appointed on request.

Speed of Formation:

Most of the processes for the formation of a Company are completed within 1 week. The faster single day formation process is also available under special circumstances.

Empire can also assist you with your company incorporation and management requirements in many other jurisdictions across the globe. We would request you to get in touch with your needs and our team of experts could carve out a solution for you.

No designation has been made by the Texas Board of Legal Specialization for a Certificate of Special Competence in this area.

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