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5 Minutes Offshore
How to order a company from LAVECO Ltd
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Currency exchange rates: USD/1 unit
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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


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)

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
Registered office and registered agent: 750 GBP
Annual tax and duties: 200 GBP
Due diligence checking fee:  100 USD
Subtotal: 1050 GBP
Total: 1825 GBP

* The annual fees for the first year of the company's existence are payable prior to incorporation. Subsequently the amount of 1050 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 1825 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!

Nominee Director (private person): 595 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
In cases where the total number of attorneys, shareholders and beneficiaries in a company is more than 5, a supplement of 100 USD will be payable for each additional person.