Mount Vema Companies

Company types that can be incorporated in Mount Vema:

Private Company Limited by Shares.
Ready Made Private Limited Company.
Private Company Limited by Guarantee.
Public Limited Company.
Limited Liability Partnership.

PRIVATE COMPANY LIMITED BY SHARES (STOCKS)

Private Limited Company with shares (stocks) – minimum 1, maximum unlimited
Suitable for any normal commercial trading purposes
Objects are unrestricted
Suitable for any businesses in the Kingdom of Mount Vema
Can undertake any nature of business
Can operate anywhere in the world
Members have limited liability
Can have a sole director and sole shareholder
Can have corporate officers
Can be incorporated in less than 48 hours and full documents despatched within 12 days.
Own choice of name subject to “sensitive names” and “same as” rules

Read More or Register your Company
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PRIVATE COMPANY LIMITED BY GUARANTEE
Private Company Limited by Guarantee

Non-profit corporate entity – assets or financial surplus cannot be distributed to members
A Guarantee company is not owned by its members and cannot be transferred by its members for value – it has no share capital
Suitable for clubs, membership organizations, sports associations etc
Can apply for charitable status
Members have limited liability
Can be incorporated in most circumstances within days
Some input required from client to establish main objects if required or objects can be unrestricted

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PUBLIC LIMITED COMPANY

Necessary if the company is to trade its shares (stocks) to the public
Can undertake any nature of business
Can operate anywhere in the world
Members have limited liability
Can be incorporated in most circumstances within days
Own choice of name
High initial capital commitment
Must have at least two directors and one shareholder
A private company can be converted to a PLC, so most PLCs start life as normal private companies and convert at a later date prior to flotation of the stock markets

Read More or Register your Company
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LIMITED LIABILITY PARTNERSHIP

Suitable for new and existing partnerships wishing to obtain limited liability status, and aimed particularly at professional partnerships such as accountancy and solicitors firms
Maintains tax status of a partnership
Members have limited liability
Can be incorporated in most circumstances within days
Suitable for most commercial business activities