How To Choose Your Best
Offshore Company Jurisdiction
Incorporating an offshore company is straightforward and easy. However, there may be a bunch of concerns associated with "Which is my best offshore jurisdiction to incorporate a company?".
Each offshore jurisdiction may show different features which are of great influence on your decision making. Normally, there are a set of parameters that you should take into consideration before reaching your best-suited option, key of those factors are as below:
- Jurisdiction’s reputation
- Processing time
- Compliance requirements
- Business structure
- Banking needs
- Incorporation cost
- Tax treaty availability
- Residency requirements
Want a quick self-check questions list for better making your decisions? Read this blog
Or, you already have some names in mind but still get confused? Below Offshore Company Comparison Table will enable you to narrow down your choices!
The following tables demonstrate 20 jurisdictions with key elements to take into account when establishing your overseas business
The information contained in this page is for general information purpose only. You should not substitute the information provided in the page for competent legal advice. In no event will we take responsibility for the adequacy or completeness of any mentioned information. Any reliance on this page which may then cause any loss or damage of any kind shall be solely at your own risk.
Still have not finalized among your short-listed options?Talk to our experts now!
Frequently Asked Questions
An offshore company is incorporated in a jurisdiction which is different from the owner’s country of residence. In most cases, offshore companies are not allowed to conduct any economic activities within the offshore jurisdiction of incorporation; otherwise, it must be subject to tax and compliance requirements as applied to local companies. Learn more >>
Setting up an offshore company offers a wide range of benefits, chief of which include:
- Favorable tax rates
- Asset protection
- Corporate flexibility
- Minimal maintenance requirements
Needed documents for offshore company formation in each jurisdiction may be varied. However, primary information will include:
- A certified copy of passport
- A certified copy of residency proof
- A detailed description of company’s activities
Processing time for your offshore company depends on each offshore location that you have chosen. Normally, you can get an offshore company opened as short as within 24 hrs to several working days.
No exact answer can be given. It depends on your choice of offshore jurisdiction in which meets your demands. Whether it is the best offshore company jurisdiction should be decided on a careful examination of key elements such as the jurisdiction’s reputation, business structure, incorporation and management cost, ease of incorporation, et cetera.