FORMATIONGovt Registration Fee$5, 000
Annual Renewal Fee$3, 000
CSP Fee (Low)$15, 000
CSP Fee (High)$22, 200
Annual Maint (Low)$5, 000
Annual Maint (High)$8, 000
Timeline112–140 Days
Online RegistrationNo
Min Directors1
Min Shareholders1
Local DirectorNo
Local SecretaryNo
BANKING & COMPLIANCEBanking Ease2/5
Privacy Index3
Audit RequiredYes
Annual FilingYes
BO RegisterNo
UBO DisclosureYes
FATCA CompliantNo
AEOI ParticipantNo
Correspondent BankingLimited
Crypto RegulationUnclear
Digital BankingLimited, With Basic Online Services Offered by Some Banks.