British Columbia
- Year captive legislation was passed
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- Types of captives allowed
-
- Single parent captives
- Association captives
- Number of full-time employees in captive regulatory department
- 11
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Initial licensing and incorporating fees required by the domicile
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- Annual filing requirements
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- Annual fees
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- Premium tax rate
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- Minimum capital (broken out by type of captive)
-
Pure, Association, & Sophisticated: CAD300,000
- Applicable Acts/Enabling Legislation
- The British Columbia Financial Institutions Act; Insurance (Captive Company) Act.
- Captive Administrator’s name and longevity in position
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- Speed of licensing
- 90 days or less
- Regulator
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- Address and contact information of Regulatory Department
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- Website Address
- https://www.fic.gov.bc.ca