Skip to main content

IBC Incorporation

IBC Incorporation Facts

Type of corporate vehicle: IBCs include licensed and non-licensed corporations. Licensed institutions are limited to international banks, trust, insurance corporation and interactive gaming and wagering companies.
Incorporation time scale: Within 24 hours for non-licensed IBCs
Resident Directors required for licensed IBCs: No
Minimum number of Directors: One
Directors’ meetings required: Yes
Beneficial ownership disclosure: No
Shareholder disclosure: No
Minimum number of Shareholders: One
No-par value shares allowed: Yes
Public shares registered: No
Audit required: Yes (for licensed institutions)
Foreign currency accounting allowed: Yes
Registered Office: Yes
Registered Agent: Yes
IBC Name:
2004 of the IBC Act		 Please see section 339 and Regulation no. 10 of
Company mobility provision / redomicility rules The transfer of charter of an IBC to a foreign jurisdiction, or vice versa is permitted