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. 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.
3. 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.
4. The launch of the final electronic system of the BO Registry was 14 November 2023.
5. There are additional filing fees for Annual Returns and other Registry filings.
6. 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.
7. Required for investment funds.
8. Subject to the changes from The HKSAR.
9. Must be a natural person residing in Singapore.
10. Minimum of one director, who must be a natural person residing in Singapore. Corporate directors are not allowed.
11. Dormant companies may be exempt.
12. There are audit exemptions for 'small companies' as defined in the Companies Act.
13. Cyprus has also an Income Tax Return requirement, to be submitted once a year.
14. UK Companies must have at least one individual director. Additional Corporate Directors are allowable – changes expected to only allow corporate directors where Companies House has verified all of the individual directors of that corporate director.
15. UK - Shareholder details are confirmed annually on the Confirmation Statement.