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LLC PLC Branch Office Rep Office
Other Entity Name Ltd Public Limited Company Branch Representative Office
Company Setup Time 30 days 35 days 35 days 35 days
Bank Account Opening 10 days 10 days 10 days 10 days
Government Grants Available Yes Yes No No
Government Contracts Bidding Yes Yes No No
Limited Liability Yes Yes No No
Client Required to Travel No No No No
Inquiry Inquiry Inquiry Inquiry

Corporate Structure Explained

Limited Liability Company (private limited)

  • An LLCs must have one director and one shareholder and no minimum share capital is required. Companies require approval from the local administration, if 50% of the company is owned by foreign investors.


  • Foreign companies are permitted to open a 100% foreign branch to can carry out commercial activities. Our clients should note that under such a structure, in the event of losses, all liability falls on the parent company.

Representative Office

  • A representative office can be 100% foreign owned and controlled but are not permitted to make direct sales in the country. However, they are allowed to conduct market research and promotional activities for the parent company.

Fast Incorporations