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UK LLP-Cyprus-Malta-Hong Kong-UAE


24/02/2014

Our chart provides a comparison of the relevant details on the operation of companies in 5 jurisdictions which we consider to be important for the future.

Our chart provides a comparison of the relevant details on the operation of companies in 5 jurisdictions which we consider to be important for the future.

       UK LLP Cyprus Malta Hong Kong UAE
 Political stability EU member

Stable
EU member

Stable
EU member

Stable
Special administrative
region of China

Stable
Monarchy

Stable
Company legal form Limited Liability
Partnership
Limited
Company
by shares
Limited
Company
by shares
Limited
Company
by shares
Limited
Company
by shares
 Minimum paid up capital 1 GBP
1 EUR 1 EUR Not required Varies
 Minimum number of owners 2 1 1 1 1
 Minimum number of directors 1 1 1 1 1
Annual tax 0/21-29% 0/2.5/12.5% 0/5/35% 0/16.5% 0%
Annual duty 18 GBP 350 EUR 100-1400 EUR 416 USD 500 EUR
 Are details of owners public? Yes Yes Yes Yes Yes
 Are details of directors public? Yes Yes Yes Yes Yes
Annual balance sheet Required Required Required Required Required
 Ease of opening
bank account locally
Very difficult

Only for local resident companies

Easy

Any company
can open an account

Difficult

Only for local resident companies
Difficult

Only for local resident companies
Very difficult

Only for local resident companies
Related jurisdictions:
Malta
Cyprus
UK LLP
Hong Kong
Related banks:
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