TaxationĪs discussed above, taxation is a very important consideration when incorporating an offshore company. Be sure you know, before you start the incorporation process. You may not be able to trade with certain countries or conduct certain activities. Each offshore jurisdiction also has rules in place regarding what activity you can carry out. Most jurisdictions have rules in place to make sure your company name is suitable, reputable, and cannot be construed as being a state or affiliated entity.
Limitations to your company can include name restrictions and trading restrictions. You should also be aware of what the economy is like, which industries are thriving, and what international organisations and unions that particular jurisdiction is a member of. If a country is unstable or has an unnecessarily complex or unreliable legal system, it may not be the wisest choice for you. Political and legal structure:įirstly, you should look at the political and legal structure of the country, to make sure it is suitable for your needs.
When deciding on a jurisdiction for offshore company formation, it’s important to consider a number of different criteria. Selecting the Best Jurisdiction for my Offshore Company
