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| Corporate Requirements | |
| Minimum Number of Shareholders | 1 |
| Minimum Issued Capital (standard) | 1 share value US$1 |
| Minimum Number of Directors | 1 |
| Corporate Directors Permitted | Yes |
| Company Secretary Required | Optional |
| Bearer Shares | Restricted (*Note) |
| Chinese Name Allowed | Yes |
| Local Requirements | |
| Registered Office in British Virgin Islands | Yes |
| Registered Agent in British Virgin Islands | Yes |
| Local Director and Shareholder | No |
| Local Meetings of Directors and Shareholders | Not required |
| Accounts | |
| Required to prepare | Yes |
| Audit Requirement | No |
| Require to File | No |
| Other Requirements | |
| Annual Return | No |
| Register of Directors and Shareholders | No need to file, but a copy is kept at the Registered Office. |
| Due Diligence Required | Yes |
| Disclosure of Beneficial Owner on Public File | No |
*Note
Bearer Shares are permitted but must be held by an approved Custodian. Bearer Share Company shall maintain a register of the Company’s Bearer Shares with full details at the Custodians.