OFFSHORE COMPANY JURISDICTIONS COMPARISON CHART
Offshore Company Jurisdictions Comparison Chart. Offshore Companies Comparison.
KGN provides company formation services in all offshore jurisdictions of the world.
KEY OFFSHORE JURISDICTIONS
POPULAR OFFSHORE JURISDICTIONS
CARIBBEAN OFFSHORE JURISDICTIONS
EUROPEAN OFFSHORE JURISDICTIONS
CENTRAL & SOUTH AMERICA OFFSHORE JURISDICTIONS
ASIAN OFFSHORE JURISDICTIONS
UAE FREE ZONES
AFRICAN OFFSHORE JURISDICTIONS
AUSTRALIA, NEW ZEALAND & OCEANIA OFFSHORE JURISDICTIONS
* Delaware LLC structured for partnership tax treatment are not subject to US Federal Income Tax and not required to file a US Income Tax Return if they meet all below criteria’s: 1) Members of LLC’s are non-resident of the US, 2) LLC’s conduct no business in the US, 3) LLC’s have no US-source incom
Tips on how to effectively choose a suitable offshore jurisdiction
Before choosing an offshore jurisdiction, there are four main factors to take into consideration to ensure the location chosen serves your company’s best interests. These factors are:
A good offshore jurisdiction should charge affordable fees for the actual registration and the maintenance costs incurred in running an offshore company. The aim of any business is to optimize its profits by reducing operation costs. Therefore, before setting up an offshore company it is crucial to ascertain the operating costs as compared to onshore registration.
The Popularity and reputation of an offshore jurisdiction
When choosing an offshore country, it is necessary to examine which other corporations favor the location. An offshore jurisdiction that is preferred by many other credible and renowned companies is most likely suitable and fits a profitable and legal business criterion. Apart from the popular jurisdictions, there are relatively newer countries such as Anguilla that are feasible offshore destinations. Analyze the reputation of an offshore jurisdiction by examining how other corporations rank a particular jurisdiction.
The average processing duration
Before settling on a particular offshore jurisdiction, it is imperative to find out how much time the registration process takes. It is advisable to settle on an offshore jurisdiction that promptly registers foreign companies. Quick processing time speaks to the effectiveness of the relevant business authority.
Availability of offshore banking facilities
Before settling on a viable offshore destination, it is crucial to familiarize yourself with a country’s banking system. It is recommended that a company chooses an offshore jurisdiction that has a well-developed and highly functioning banking system that offers much-needed facilities such as; online banking, brokerage facilities, offshore credit cards, offshore debit cards and merchant accounts.
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