Company comparison by jurisdiction

Select up to three jurisdictions to compare them across a range of jurisdictional aspects.

Notes

1. Government approval may be required on exit from certain jurisdictions.
2. Must be held by an approved Custodian. Harneys Fiduciary no longer provides custodian services.
3. A majority of Cyprus tax-resident directors appointed on the board are required and the board meetings must be held in Cyprus in order to buttress the case for tax residence in Cyprus.
4. A sole director cannot serve as the company secretary. A body corporate cannot serve as the company secretary if the sole director is the only director of that body corporate. The company secretary must have a Hong Kong address, no P.O. Box is permitted.
5. Pursuant to the 5th AML Directive, UBO registers for companies are set to come into force on 10 January 2020, and the central European UBO register on 10 March 2021.
6. There are additional filing fees for Annual Returns and other Registry filings.
7. All companies are required to prepare accounts and to be audited by the auditors annually, but annual filing with the Companies Registry in Hong Kong of such audited accounts only applies to public companies and guarantee companies.
8. Required for investment funds.
9. Subject to the changes from The HKSAR.
10. Must be a natural person residing in Singapore.
11. Minimum of one director, who must be a natural person residing in Singapore. Corporate directors are not allowed.
12. Dormant companies may be exempt.
13. There are audit exemptions for 'small companies' as defined in the Companies Act.