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Home arrow Why go international arrow Important criteria for choosing a jurisdiction
Important criteria for choosing a jurisdiction Print E-mail

The choice of a suitable jurisdiction is an important decision and requires careful considerations. The most important aspects to be examined may be outlined as follows:

  • Political and economic stability of the jurisdiction
  • The availability of a modern and flexible legislative framework
  • Simple incorporation and filing requirements
  • The availability of Double Taxation Treaties - this is very important in order to minimize withholding taxes on the payment of dividends and royalties from contracting states
  • The availability of good calibre professional advisers
  • A good banking system
  • Good telecommunications
  • Reputation (some "tax havens" are viewed with suspicion).
Important Note: Professional advice should always be sought before acquiring an offshore entity so that you are aware of any restrictions and reporting requirements.