Montserrat
GREAT BRITAIN-MONTSERRAT
Status: |
Overseas Territory of the UK
|
Area, sq.km: |
100
|
Population: |
7 574
|
Capital: |
Plymouth
|
Business language: |
English
|
Currency: |
Eastern Caribbean Dollar (XCD)
|
Location: |
Caribbean Island, southeast of Puerto Rico
|
Time zone: |
GMT - 5
|
INCORPORATION DATASHEET |
Advantages: |
Very prestigious jurisdiction as a part of UK
|
Disadvantages: |
Relative instability due to volcanic activity
|
Company status: |
International Business Company
|
Corporate legislation source: |
International Business Companies Ordinance of 1985
|
Company name: |
All names must end with one of the following words: Company, Co, Corporation, Corp, Limited, Ltd, S.A., Incorporated, Inc.
|
Time required for incorporation: |
4-6 weeks
|
Minimum number of directors: |
1
|
Usual minimum capital: |
50 000 USD
|
Are accounts required: |
No
|
Minimum number of shareholders: |
1
|
Type of shares: |
Bearer or registered
|
Annual tax and duties: |
200 GBP
|
What information is available on the public file: |
Registered office and agent, Memorandum & Articles of Association
|
Non-public information: |
Directors, shareholders
|
Registered Office: |
Local registered office is required by law
|
Registered Secretary/Agent: |
Local registered agent is required by law
|
COMPULSORY COSTS (payable prior to incorporation)
FORMATION FEES |
Incorporation fee: |
325 GBP
|
Notarial certification: |
100 GBP
|
International authentication (Apostille): |
100 GBP
|
Legal expenses, filing fees and stamp duties: |
90 GBP
|
Issuing of share certificates and initial minutes and forms: |
100 GBP
|
Corporate seal: |
30 GBP
|
Courier fees: |
30 GBP
|
Subtotal: |
775 GBP
|
ANNUAL FEES * |
Registered office and registered agent: |
750 GBP
|
Annual tax and duties: |
200 GBP
|
Subtotal: |
950 GBP
|
Total: |
1725 GBP
|
* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 950 GBP is payable annually beginning from the 1st of January of next year. Non-payment of the annual fees results in deletion from the Companies Registry.
The amount of
1725 GBP includes the following services: formation of the company, duties payable to the local authorities for the incorporation of the company, Certificate of Incorporation with Apostille, provision of Memorandum Articles of Association authenticated by Registrar, Appointment of First Directors with Notary Public authentication, Share Certificates, initial minutes, provision of registered office and registered agent for 1 year, annual tax for the 1st year, two company seals, luxury leather corporate kit, courier delivery to Laveco office.
The price contains no hidden costs!
OPTIONAL COSTS |
Nominee Director (private person): |
395 GBP
|
Nominee Director (corporate body): |
195 GBP
|
Nominee Shareholder: |
195 GBP
|
Power of Attorney: |
195 GBP
|
Notarial Certification: |
95 GBP
|
Certificate of Good Standing: |
195 GBP
|