COMPANY FORMATION GROUP LTD.

BRITISH VIRGIN ISLANDS

In recent years, more offshore companies have been formed annually in the BVI than in any other jurisdiction in the World. The BVI International Business Company (IBC)

is well-known and respected everywhere, and can be used for operations in any part of the World – except the BVI.

Requirements for IBC’s

1. No minimum Capital.
2. Bearer Shares permitted.
3. Registered Office/Agent in the BVI is required – we can provide this service.
4. One Director is required – Individual or Corporate.
5. Nominee Director and Shareholder permitted – we can provide this service.

Taxation

The IBC is not subject to taxes on income earned outside the BVI, but an Annual Fee is payable to the Authorities. The Fee varies according to the Capital structure of the Company, and is US$300, provided the IBC’s Registered Capital does not exceed US$50,000.

Cost of IBC

Formation & Registered Office/Agent for 1^st Year – US$1195 (incl. Incorporation Tax).

Registered Office/Agent for 2^nd & subsequent years – US$595 p.a. + $300 Annual Fee

to Authorities.

Optional Service Costs

Nominee Director – US$595 p.a.

Nominee Shareholder – US$395 p.a.

Notarized Power of Attorney – US$150

Apostilled “ “ “ – US$250

Certificate of Good Standing – US$200

Corporate Seal – US$60

Courier Documents – US$60

Additional Optional Services will be quoted upon request.

Important Note:

The above shall not be construed as professional counseling with respect to tax planning and structures. Every effort has been made to ensure its accuracy. Nevertheless, all information given must be verified at the time of Company Formation and/or request for provision of any Services. It is also subject to change without prior notice.