Type of License | Mauritius | Labuan | Cyprus | Vanuatu | Belize | British Virgin islands | Cayman islands | Seychelles | St Vincent and the Grenadines (no license) |
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Capital Requirements for the Company | Approx. EUR 25 500 |
Approx. EUR 108 500 |
EUR 500 000 | USD 50 000 | USD 500 000 | From USD 100 000 till USD 250 000 |
Approx. EUR 108 500 |
USD 50 000 | From USD 1,00 |
Local Office | ![]() |
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Local Employees | ![]() |
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Timeframe | Approx. 5-7 months |
Approx. 3-4 months |
Approx. 5-9 months |
Approx. 4-6 months |
Approx. 3-5 months |
Up to 4 months |
Approx. 4-5 months |
Approx. 3-5 months |
1 week |
Confidentiality (with details being apart from the public records) | |||||||||
Benificial owner | ― | ― | ― | ― | ― | ― | ― | ― | ― |
Shareholders | ![]() |
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Director | ![]() |
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Corporate tax rate | 3% | 3% | 12.5% | 0% | 0% | 0% | 0% | 1.5% | 0% |
Audited Annual Reports | ![]() |
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Bank account in local bank | ![]() |
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Reporting to authorities | ![]() |
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Complexity to obtain the license | Medium | Medium | Hard | Medium | Hard | Hard | Hard | Medium | Easy |
