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Choosing a Jurisdiction
The ultimate choice of jurisdiction for a company will be dependent
on the following factors
Economical and Political
Is the country/jurisdiction economically and politically stable? What
are the risks of confiscation, expropriation and nationalisation by the
government of that jurisdiction?
Infrastructure
Are there good communications and an educated workforce in the jurisdiction?
Is there access to good legal and accounting firms?
Banking
While most companies obtain banking facilities in the Isle of Man what
is the perception of those banks to the chosen jurisdiction? Are there
reputable banks available locally?
Time Zones
Will I need to communicate with companies in the chosen jurisdiction and
will timings be convenient?
Double Tax Treaties
Does the jurisdiction have a suitable tax treaty that may benefit the
company's trading activities or reduce my taxation burden?
Appearances
Is it important that the company is seen not to be based in a low/no tax
jurisdiction and will I be happy to pay some tax to achieve this appearance?
Regulatory Matters
Will the company be required to file Annual Returns, prepare and file
accounts and have them audited? What information is lodged with the Company
Registry and therefore available for public inspection?
In order to assist you in your choice please see the Statutory
requirements page or view individual countries on the Jurisdictions
Available page
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