2. The statutory registered capital of the exempted company. The authorized registered capital of most exempted companies is $50,000, which is the maximum registered capital allowed by the minimum annual license fee.
3. Types and par values of shares issued by the exempted company to be established. If the tax-exempt company can buy back shares, then the company can arrange to issue a class of shares that can be bought back, such as buying back preferred shares.
4. Names and addresses of shareholders or beneficiaries, whether registered or unregistered shares are issued or not, and the number of shares allocated to each shareholder or beneficiary. Where bearer shares are issued, the name, address, contact telephone number, fax number and mailing address of the stock recipient shall be provided.
If you want to limit the business scope of the exempted company, the customer must provide detailed information about the company's purpose and business scope. Unless otherwise specified by the customer, we will adopt standard business scope clauses, which are extremely broad and allow customers to engage in businesses that natural persons can engage in.
6. The names and addresses of directors and key management personnel must be submitted to the Companies Registry for the record. Everyone who intends to be a director and key management personnel must sign a consent form to be a director and key management personnel. The exempted company only needs one director, and the law requires that each exempted company must have a company secretary. The director and the secretary can be the same person.