Clients sometime ask which is the best jurisdiction in which to incorporate. There can be no standard reply as the answer really depends upon the intended use of the entity to be set-up and upon each client’s personal and business circumstances. The same goes for groups intending to define their structure or establish their holding companies.
There are a number of factors which need be considered. The first is the tax regime of the intended jurisdiction and just as important is the political and economic stability. The jurisdiction chosen should not be subject to violent political swings or governed by an undemocratic regime. Other factors include the quality of communications, language, legal system, confidentiality, exchange controls and banking facilities.