Publications

Criteria of selecting a jurisdiction and Essential Corporate Characteristics

In international trade and investment the selection of a jurisdiction requires very careful consideration. It is important to select a jurisdiction that is well suited to specific corporate and personal needs.

Further down find important criteria to consider:

• Political and economic situation and stability
• Government of the Jurisdiction
• History of the Jurisdiction
• Essential corporate characteristics
• The professional and management services and availability of tax experts
• Provision of Nominee Directors and nominee Shareholders
• Legislation Requirements and Stability
• Company law
• Taxation system
• Double taxation
• Legal and accounting infrastructure
• Communication
• banking privacy
• Language
• Limited Liability Protection
• Disclosure and Privacy
• Capitalization Requirements
• Ability to register for VAT purposes
• anonymity and confidentiality
• accessing low cost areas
• Essential Corporate Characteristics 

Most "tax planning" and offshore jurisdictions have made efforts to ensure that their company law satisfies the following demands:

• Limited liability
• Minimal or optional statutory filing obligations
• Low capital requirements; No paid up capital requirements;
• Annual Government fees not based on amount of share capital
• Nominee shareholders allowance
• Disclosure of beneficial ownership either not required or limited to special bodies (offshore authorities; central banks)
• Minimal directors' liability
• Broad range of permitted company names and suffixes to denote limited liability
• Directors and/or shareholders meetings can be held anywhere in the world
• No requirement or optional requirement for accounting records to be audited
• Director and shareholder's meetings allowed to be held anywhere in the world; and meetings may be held by telephone
• Corporate Directors and Corporate Shareholders allowed