Jurisdiction Isle of Man Gibraltar

The Designated Business

Legislation Companies Act, 2014
(Registration and Oversight) Act
Minimum Directors 1 (need not be local Director) 1 (need not be local Director)
Minimum Share
1 1
Holders
Company Secretary
Local Register No Yes (Local)
Required with appropriate
Agent / Contact Required
Local Registered licenses.
Person Yes Yes (however,
Office No minimum,
Minimum Share
Nil generally the standard share
Capital
Minimum (Authorized)
Share
Nil capital isGBP
GBP1 £2000)
Capital (Paid up) Cost of registration: £100
Government Fees Annual returns fee if filed on GBP 200 (approx.)
laundering and
time:countering
£380 the
Crypto License Standard registration: Application Feeof Company - 10
financing of terrorism 48 hours Incorporation
Timeline 2-hour registration possible at Based
days on Complexity of
No
£250inheritance tax, withholding company is 0%
DLT License - 3 to 4 months
Taxes p.a.
Corporate Service tax, capital gains tax and stamp (tax rate for other
Memorandum andcompanies
Articles of is
Opening an IOM Bank Account:
Provider Fees transmitting, transferring, Association, Register of Directors,
More details £1,000 onwards
providing safe custody or storage
 Cayman Islands Estonia Code, 1995 Authority Act (MDIA
Estonian Commercial Malta Act)
Money Laundering and Terrorist
1 (Estonian Citizen as Director Innovative Technology
Anti-Money Laundering and
1 (need not be local Director) Financing Prevention
required who will actAct
as the AML Arrangement
1 (need notand Services
be local Act
Director)
1 officer)
1 2
Not compulsory No Yes
Required Required Required
Yes Required with Board in Estonia Yes
requirements, it must be fully
No Minimum 12,000 EUR
subscribed upon incorporation,
$30-$160No Minimum
(based on no. of days) 12,000 EUR € 250 fee)
€375 (standard
contact person in Estonia = €200-
Annual Fees- $800 €245-€2250 (Based on authorised
Cayman Island Monetry
Certification Authority State400
Fees- $800
per year, fee
application on average.
for license is without anshare
exchange for own
capital)
(CIMA), obtain a waiver or hold a the documents received)
3,300 EUR or By 10 days (subject
accounts) - 5,000toeuros,
compliance)
plus
3-4 days (subject to compliance
the e-Residency card (up
only distributed profits are to 5 Standard Registration of
Corporate Tax: 35% (refunds the can
royalty Income review)
tax, or capital working days from the moment company with opening
usually subject to 20% corporate be obtained by shareholders) Bank
gains tax. copy of: Certificate of attorney and application from the Registered Office for 1 Year,
Electronic income tax of 20/80 of the of
shareholder(s)/member(s) netthe VAT: 18% (standard)
Incorporation,
Specifically excluded from this management board (in case with Registered
Memorandum and Agent for 1 Year,
https://www.welcome-center-
are digital representations of fiat malta.com/blockchain-services-
 India
Companies Act, 2013
2
2
Yes
Required
Yes
Rs. 1,00,000
No minimum
Rs. 6,000 - Rs. 30,000
Nil
15 Days
25% - 30%
Rs. 10,000 - Rs. 50,000