JURISDICTIONS COMPARISON TABLE

DESCRIPTION	Hong Kong	BVI	Anguilla	Cayman Islands	Marshall Islands	Samoa	Seychelles	Belize
Type of Company	Ltd.	BC	IBC	exempt	IBC	Int’l	IBC	IBC
Type of Law	British Common Law	British Common Law	British Common Law	British Common Law	British Common Law	British Common Law	British Common Law	British Common Law
Political Stability	Good	Good	Good	Good	Fair	Fair	Good	Good
Confidentiality	No	Yes	Yes	Need to disclose for crime	Yes	Yes	Yes	Yes
Require “Limited” in company name	Yes	No	No	No	No	No	No	Yes
Chinese Name on Cert. of Incorporation	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Minimum Number of Director/Shareholder	1/1	1/1	1/1	1/1	1/1	1/1	1/1	1/1
Corporate Director	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Company Secretary	Yes	No	No	No	Yes	Yes	No	No
Standard Authorized Capital / Shares	HK$ 10,000	50,000 shares	US$ 1,000,000	US$ 50,000	US$ 50,000	US$ 1,000,000	US$ 1,000,000	US$ 50,000
Bearer Shares	No	Yes*	Yes*	Yes*	Yes	Yes*	Yes	Yes
Public Disclosure of Directors and Shareholders	Yes	No	No	Need to disclose for crime	No	No	No	No
Register of Directors to Government	Yes	No	No	Yes	No	No	No	No
Register of Shareholders to Government	Yes	No	No	No	No	No	No	No
Register of Directors & Shareholders at Registered Office	Yes	Yes	Yes	Yes	No	Yes	Yes	Yes
Registered Agent License required	No	Yes	Yes	No	Yes	Yes	Yes	Yes
Annual Return	Yes	No	No	Yes	No	No	Yes	No
Audited Accounts	Yes	No	No	No	No	No	No	No
Offshore Profit Tax	No	No	No	No	No	No	No	No
Onshore Profit Tax	Yes	No	No	No	No	No	No	No
No Tax Guarantee	N/A	N/A	N/A	20 years	N/A	N/A	20 years	N/A
Duration for formation	1 week	2 days	1 day	3 days	2 days	3 days	1 day	3 days

NOTE: * Bearer Shares must be kept by Custodian.