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Major Offshore Jurisdictions

Major offshore jurisdictions:

FEATURES OF THE BVI ( British Virgin Islands )

  • One of the largest incorporators of offshore companies worldwide. BVI legislation is recognized around the world.
  • Low formation and annual maintenance fees.
  • Minimal ongoing compliance requirements.
  • BVI Authorities do not impose tax on profits.
  • Different classes of shares can be issued.
  • Minimum requirement of one shareholder.
  • Minimum requirement of one director.
  • No obligation to appoint a company secretary.
  • No information required by the BVI Authorities prior to incorporation.
  • Shareholder and director details are not listed in any public register in the BVI and are not given to the BVI Authorities.
  • No requirement to file annual accounts or tax returns in the BVI.

FEATURES OF CAYMAN

  • Exempt companies, ordinary non-resident, ordinary resident, limited duration companies, limited liability companies, guarantee companies, no par value companies, segregated portfolio companies, partnerships, funds, and trusts.
  • Leading offshore, financial, and banking centre.
  • Modern company law.
  • Companies can be incorporated in 1 - 2 days.
  • Different classes of shares can be issued.
  • Minimum requirement of one shareholder.
  • Nominee shareholders can be provided.
  • Minimum requirement of one director.
  • Corporate directors are allowed.
  • Accounts do not need to be filed.
  • No requirement to appoint an Auditor.

FEATURES OF THE SEYCHELLES

  • Low formation and annual maintenance fees.
  • Minimal ongoing compliance requirements.
  • Seychelles Authorities do not impose tax on profits.
  • Different classes of shares can be issued.
  • Minimum requirement of one shareholder.
  • Minimum requirement of one director.
  • No obligation to appoint a company secretary.
  • Shareholder and director details are not listed in any public register in the Seychelles , and are not given to the Seychelles Authorities.
  • No requirement to file annual accounts or tax returns in the Seychelles.

Please contact a Commit executive for more details


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