Company Formation Island of Sark
Other Jurisdictions
Sark
Cost of registration
Number of Directors
Corporate tax rates
Payment of Charter Capital
Financial statements
€ 2,450
1
0%
1.00
No
FEW WORDS ABOUT COMPANY in Sark
BENEFITS
TAXES
ACCOUNTING
- Nominee shareholders and directors is permitted
- Sark does't have any reciprocal tax or disclosure of information agreements with anyone
- No paid up capital requirement
- Company registration takes 6-7 days
- There are tax benefits
- Sark offshore corporations are sound vehicles for asset protection
- No exchange controls
- Corporate tax is 0%
- Bank activity pay a tax of 10%. A tax of 20% is paid on income gained from real rent, lease or other investments on real estate property
- VAT - No
- Annual returns filing - No
- Statutory audit - No
- Report requirements - No
REQUIREMENTS
TYPES OF COMPANIES
- Registered office
- Registration agent
- The minimum number of directors is 1 person. Can have a corporate director
- The minimum number of shareholders is 1 person
- 100% foreign owners, officers, directors acceptable
- No minimum authorized capital
- Limited liability company
- Limited by shares
- Limited by guarantee
- Branch Offices of Foreign Companies
- Public Limited Liability Company
- Collective Corporation
- General Partnership
Sark has no company register and Sark companies can be incorporated through the Guernsey Company Registry and all Sark corporations are governed by the company laws of Guernsey offshore companies.
Most jurisdictios e.g. Guernsey , Jersey , Isle of Man etc., have reciprocal Tax Arrangements with the United Kingdom and most other countries in the world. Sark has no such arrangements.
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HOW TO REGISTER A COMPANY IN Sark
Step 1. Check your company name in the Company Registry
Step 2. Enter your company details
Step 3. We prepares and files the necessary incorporation documents to the relevant authorities for approval
Step 4. Then we works with the client to open a corporate bank account in Sark
Step 5. We deliver the certificate of incorporation personally to the client or via courier service
Step 6. Checkout – that’s it
MORE INFORMATION
CORPORATE INFORMATION
SHARES AND SHARE CAPITAL
Opportunity to purchase ready-made companies
Local registered office
Local registered agent
Yes
Yes
Yes
Standard currency
The minimum amount of the issued capital
Bearer shares
Possibility to issue shares without par value
Guernsey Pound
No
No
No
DIRECTOR AND SECRETARY
SHAREHOLDER AND BENEFICIARY
Minimum number of directors
The requirement for residency directors
Director of legal entities are allowed
The data reveals to the local agent
Data field to the public registry
The requirement for the presence of the Secretary
Requirement to the residense of the Secretary
Requirements to qualification of the Secretary
Legal entity as the Secretary
1
No
Yes
No
No
No
No
No
No
Minimum number of shareholders
Data is entered in the public register
Shareholders residency requirement
Information about the beneficiary is disclosed
Information may be disclosed to the local agent
Shareholders-legal entities are acceptable
1
No
No
No
No
Yes
TAXATION
REPORTING
VAT
Basic corporate tax rate
Capital gains tax
Currency control
Stamp duty
No
0%
No
No
No
The requirement for filing reports
Open access to reports
Statutory audit
The requirement for filing Annual Return
Open access to the Annual Return
The requirement for reports
Membership in the OECD
No
No
No
No
No
No
No
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Why Customers Choose Us
Our lawyers have already registered hundreds of companies in different parts of the world, and they know all the subtleties and underlying potential problems when registering companies in the necessary jurisdiction. You will save your time and money by applying for us.
We offer an individual solution
We implement a personal plan in line with your objectives. We'll offer all our services includes full legal support of the company registration procedure, obtaining a legal address, interaction with the official government authorities of the jurisdiction, state fees, legal address of the company, etc
We provide full legal support
We'll provide the client with the best company incorporation services. Professionals and expertise of Law: Worldwide registration and legal maintenance of companies, accounting services, and audit, tax planning and optimization, trademark and patent registration
We ensure a positive result
Strategically providing up to date personalized services to help your business succeed. We makes use of modern technological features to keep the records and details of every client safe