Asiapac Group

Offshore Companies

Offshore Companies

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All BVI company must have a registered agent and registered office in the BVI.
Under the Business Companies Act (the Act), each company must have one director and one shareholder are permitted. The appointment of secretary is optional.
With effect from 1 April 2016, the details of directors will need to be filed with the Registry of Corporate Affairs while such filing record will not be available to anybody other than BVI regulatory and law enforcement authorities.

Remarks: No Annual Return or audited accounts need be filed.

The names of exempted company do not need to end with the suffix ‘Limited’ and the company name may be expressed in Chinese characters (including on the company’s Certificate of Incorporation), so long as an English translation is provided.

All exempted companies must have a registered office in Cayman Island. The exempted company must have one shareholder and one director are permitted. The appointment of secretary is optional. A copy of the Register of Directors and Officers must be filed with the Registrar of Companies but is not available for public inspection. Every exempted company must keep a Register of Members and the original or a copy should be kept at the registered office. Annual returns must be lodged every year, but they do not disclose any details of the directors or members to the public.

All companies need at least one director, one shareholder and a secretary. All companies must have a registered office and a resident agent in Samoa, which must be a licensed trust company. There are requirements for Samoan companies to prepare Registers of Directors, Secretaries and Members and for these to be kept at the registered office. The Register of Members or a copy of the register must be created within six months of the date of incorporation. Shareholders may waive the requirements of annual general meetings and audited accounts.