Factors to Considerate
There are many variations of offshore jurisdictions. Selecting
the jurisdiction most suibale to incorporate your offshore company
is very important. Considerations should be given to the following
factors:
|
| Politial
Stability |
| The pre-requisites for establishing business
or private interests offshore are certainty, confidence and
corporate security. In order to satisfy these requirements it
is important to select a jurisdiction that provides political
and economic stability. |
| Legislations
and Company Laws Regulate IBC Companies |
| The most essential criterion is that legislations
should be comprehensive, flexible and well proven. Company Laws
based on English Common Law is the most frequent model for classic
offshore jurisdictions. |
| Government and Professional Bodies |
| All offshore companies will directly or indirectly
deal with local Company Registry, Registered Agent and other
professional bodies such as law firms and accountancy firms.
The efficiency and professionalism of these bodies will directly
effect offshore companies. Whether these local entities be able
to provide international standard services should also be taken
into considerations. |
|
Commnication Infrastructure |
| Since business must be run in an efficient manner,
it is important for a jurisdiction to possess modern telecommunication
and transportation facilities, in order to communicate with
local entities fast and smoothly. |
|
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