Application for a Cyprus Company Formation.
Comparison Chart of Different Jurisdictions
  Belize British Virgin Islands Cyprus Delaware USA Gibraltar Nevada USA Panama UK Nevis Bahamas Anguilla
Type of Company IBC IBC IBC Offshore Ltd LLC Non-Res Ltd Ltd Ltd NBCO IBC IBC
Company Minimum number of Shareholders 1 1 1 1 2 1 1 1 1 1 1 1
Minimum number
of Directors		 1 1 1 1 1 1 1 3 1 1 2 1
Bearer shares
allowed		 Yes Yes No Yes N/A No Yes Yes No Yes No Yes
Public Disclosure
of Directors
Shareholders		 No No Yes No No Yes No Yes Yes No Yes No
Required Local Directors No No Not No No No No No No No No No
Required Standard Authorised Capital $50.000 $50.000 No N/A N/A GBP 2.000 N/A $10.000 GBP 1.000 $100.000 $5.000 $50.000
Capital Audited Accounts No No Yes No No No No No Yes No No No
Required Time to incorporate 72 hrs 24 hrs 20 days 24hrs 24hrs 5 days 24h 24 hrs 2/3 weeks 24hrs 24 hrs 24 hrs
Ready Made Companies
available		 Yes Yes Yes Yes No Yes Yes No Yes Yes Yes Yes