Offshore Incorporation Services

Where to set up an Offshore Company?
Offshore Jurisdictions

Selecting the most appropriate jurisdiction for international trade or investment can be a complex task, demanding careful deliberation. Many offshore jurisdictions are devoid of foreign exchange controls and have enacted corporate legislation that caters to a wide array of international business needs. It is imperative to choose a jurisdiction that aligns with specific corporate and personal requirements.

Furthermore, among the related decisions involved in setting up an offshore company, one of the most important matters is determining the legal structure for your offshore entity. This choice not only impacts your tax liability but also relates to the volume of paperwork your business must handle, your personal liability exposure, and your ability to secure funding.

The process of choosing from numerous offshore jurisdictions where to register your offshore company can require of several factors to be considered. Each offshore financial center offers its own unique advantages, benefits, and potential trade-offs.

When deciding to incorporate an offshore company, considering its company structure and engaging in tax planning, our approach starts with a comprehensive evaluation of the client’s business, residency status, and banking needs. Subsequently, we identify the ideal jurisdiction tailored to your specific requirements.

Here are some potential domiciles to consider, contingent upon your primary objectives for incorporation:

Compliance requirements

• A wide range of permissible company names and suffixes indicating limited liability.
• Minimal capital requirements.
• The flexibility to convene directors’ and/or shareholders’ meetings anywhere globally.
• The absence of, or optional necessity for, auditing of accounting records.

Double taxation avoidance treaties

Jurisdictions can be categorized into treaty and non-treaty jurisdictions. To benefit from double tax treaty relief, clients must establish a company in a treaty jurisdiction. This is crucial for minimizing withholding taxes on dividends and royalties from contracting states. Non-treaty jurisdictions are primarily chosen due to the absence of corporate taxes, typically requiring only a fixed annual license fee.

Desirable corporate characteristics

Infrastructure

The infrastructure of an offshore jurisdiction is critical. You wouldn’t want to place your corporate assets on an offshore company based in a country with sluggish communication channels. Factors like telecommunications quality, internet access, geographical accessibility, language, work ethics, legal system, confidentiality culture, exchange controls, administrative efficiency, and financial services availability can impact your business’s smooth operation. Consider time zones to prevent communication delays, and be mindful of potential weather-related disruptions.

Cost