| Any taxes apply? | Liable for local tax? | Tax exemption includes | Corporaton tax rate | Incorporation price | Renewal Fee | Timescale | Standard share capital | Minimum requirements | Accounts Required |
|
|---|---|---|---|---|---|---|---|---|---|---|
| Barcelona | No | Yes | N/A | 25.00% | £3019 | £730 | 2 weeks | 60,000 EUR - a minimum of 25% must be paid up | 3 directors (at least 1 individual) and 1 Shareholder (can be corporate) | Yes |
| Belize LLC | No | No | N/A | 0.00% | £549 | £499 | 5 working days | N/A | 1 Director, 1 Shareholder - can be corporate and can be same person | Yes |
| British Virgin Islands | No - taxes only apply if company is trading in the BVI | No - unless company is trading in the BVI | N/A | 0.00% | £955 | £845 | 48 hours | 50,000 Shares of 1.00 USD each | 1 Director, 1 Shareholder - can be corporate and can be same person | No |
| Cayman Islands | No - unless the entity is a financial institute | No | N/A | 0.00% | £2445 | £2159 | 3-4 working days | 5,000,000 shares of 0.01 USD each | 1 Director, 1 Shareholder - can be corporate and can be same person | - |
Ras Al Khaimah,
United Arab Emirates
