Offshore Jurisdictions

Worldwide Incorporation Services provides company formation services in all offshore jurisdictions of the world.

Since 1998, WIS has been a leading corporate service provider of international incorporations.

SEND AN ENQUIRY
[su_button background="#D1A336" color="#ffffff" icon="icon: file-text-o" icon_color="#ffffff" onclick="ppsShowPopup(234); return false;"]SHELF COMPANIES LIST[/su_button]

Offshore Company Jurisdictions Comparison Chart. Offshore Companies Comparison.

Worldwide Incorporation Services provides company formation services in all offshore jurisdictions of the world.

KEY OFFSHORE JURISDICTIONS
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
Anguilla IBCNilNoNoNoNoNo
Bahamas IBCNilNoYesNoNoNo
Belize IBCNilNoNoNoNoNo
British Virgin Islands BCNilNoNoNoNoNo
Cayman Islands ExemptNilNoNoNoNoNo
Cook Islands ICNilNoNoNoNoNo
Dominica IBCNilNoNoNoNoNo
Marshall Islands IBCNilNoNoNoNoNo
Nevis BusinessCorporationNilNoNoNoNoNo
Nevis LLCNilNoNoNoNoNo
Panama Non ResidentNilNoYesOptionalNoNo
Samoa ICNilNoNoNoNoNo
Seychelles IBCNilNoNoNoNoNo
St Vincent IBCNilNoNoNoNoNo
Turks and Caicos Islands IBCNilNoNoNoNoNo
UAE (RAK Offshore)NilNoNoNoNoNo
UAE (RAK Free Zone)NilNoNoNoNoNo
Vanuatu ExemptNilNoNoNoNoNo
Vanuatu ICNilNoNoNoNoNo
POPULAR OFFSHORE JURISDICTIONS
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
Cyprus IBC

12.5%

AdvisableYesYesYesYes
Gibraltar Non ResidentNilNoYesYesYes, but small company exceptionsYes
Isle of Man Resident LLCFiscally transparentNoYesNoNoNo, but must be available for inspection
Isle of Man Limited PartnershipNilYesYesYesNoNo, but must be available for inspection
Isle of Man Private Limited 0% – 10%NoYesYesYes but small company exceptionsYes
Isle of Man Hybrid0% – 10%NoYesYesYesNo
Isle of Man New Manx Vehicle0% – 10%NoYesOptionalNoNo
Hong Kong Private LimitedNil on Foreign ProfitsNoYesYesYesYes
Liechtenstein AG12,5%NoNoNoNoYes
Luxembourg S.A.R.L.Normal ratesAdvisableYesNoYesYes
Luxembourg 1990 SOPARFI HoldingNormal ratesAdvisableYesNoYesYes
Mauritius GBC I0% – 3%YesNoNoYesYes
Mauritius Offshore GBC IINilNoNoNoNoYes
New Zealand Ltd0% – 30%YesYesYesNoYes
Scotland LPFiscally transparentNot apllicableNot apllicableNoNoNo
Singapore Private LimitedNil on Foreign ProfitsYesYesYesYes but small exemptionsYes but small exemptions
United Kingdom LLPFiscally transparentNot apllicableNot apllicableYesYes but small company exceptionsYes
United Kingdom Private Limited20% – 26%NoYesYesYes but small company exemptionsYes
CARIBBEAN OFFSHORE JURISDICTIONS
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
Anguilla IBCNilNoNoNoNoNo
Bahamas IBCNilNoYesNoNoNo
Barbados IBC1% – 2.5%NoYesNoYesYes
Belize IBCNilNoNoNoNoNo
Bermuda ExemptNilYesNoNoYesYes
BVI BCNilNoNoNoNoNo
Cayman Islands ExemptNilNoNoNoNoNo
Dominica IBCNilNoNoNoNoNo
Nevis Business CorporationNilNoNoNoNoNo
Nevis LLCNilNoNoNoNoNo
St Vincent IBCNilNoNoNoNoNo
Turks and Caicos Islands IBCNilNoNoNoNoNo
EUROPEAN OFFSHORE JURISDICTIONS
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
Cyprus IBC

10%

AdvisableYesYesYesYes
Denmark ApS0% – 25%YesYesYesNoYes
Denmark A/S0% – 25%YesYesYesNoYes
Gibraltar Non ResidentNilNoYesYesYes, but small company exceptionsYes
Ireland Resident Private Ltd12.5%NoYesYesYesYe
Isle of Man Resident LLCFiscally transparentNoYesNoNoNo, but must be available for inspection
Isle of Man Limited PartnershipNilYesYesYesNoNo, but must be available for inspection
Isle of Man Private Limited 0% – 10%NoYesYesYes but small company exceptionsYes
Isle of Man Hybrid0% – 10%NoYesYesYesNo
Isle of Man New Manx Vehicle0% – 10%NoYesOptionalNoNo
Jersey Resident Private Ltd0% – 10%NoNoYesNoNo
Liechtenstein AG12,5%NoNoNoNoYes
Luxembourg S.A.R.L.Normal ratesAdvisableYesNoYesYes
Luxembourg 1990 SOPARFI HoldingNormal ratesAdvisableYesNoYesYes
Malta Private Limited Liability
Company
5% – 35%NoYesYesYesYes
Netherlands BV20% for taxable income up to EUR 40,000, 23% on taxable
income above EUR 40,000 and not exceeding EUR 200,000 and 25.5% above
EUR 200,000
NoYesWhere single member yes, otherwise noYesYes
Scotland – LPFiscally transparentNot apllicableNot apllicableNoNoNo
Switzerland AG/SA/LTDYes/ VariesYesYesNoYesYes
Switzerland GmbH/SARLYes/ VariesYesYesYesYesYes
United Kingdom LLPFiscally transparentNot apllicableNot apllicableYesYes but small company exceptionsYes
United Kingdom Private Limited20% – 26%NoYesYesYes but small company exemptionsYes
CENTRAL & SOUTH AMERICA OFFSHORE JURISDICTIONS
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
Costa Rica Stock CorporationNilNoYesNoNoNo
Panama Non ResidentNilNoYesOptionalNoNo
ASIAN OFFSHORE JURISDICTIONS
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
Hong Kong Private LimitedNil on Foreign ProfitsNoYesYesYesYes
Singapore Private LimitedNil on Foreign ProfitsYesYesYesYes but small exemptionsYes but small exemptions
UAE FREE ZONES
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
RAK OffshoreNilNoNoNoNoNo
Dubai Offshore (JAFZA)NilNoNoNoNoNo
Jebel Ali Free ZoneNilNoNoNoYesYes
Dubai Airport Free ZoneNilNoNoNoYesYes
Dubai South Free ZoneNilNoNoNoYesYes
DMCC Free ZoneNilNoNoNoYesYes
DWC Free ZoneNilNoNoNoYesYes
Ajman Free ZoneNilNoNoNoNoNo
Fujairah Free ZoneNilNoNoNoNoNo
Hamriyah Free ZoneNilNoNoNoNoNo
RAK Free ZoneNilNoNoNoNoNo
RAK Free Trade ZoneNilNoNoNoNoNo
AFRICAN OFFSHORE JURISDICTIONS
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
Mauritius GBC I0% – 3%YesNoNoYesYes
Mauritius GBC IINilNoNoNoNoYes
Seychelles IBCNilNoNoNoNoNo
AUSTRALIA, NEW ZEALAND & OCEANIA OFFSHORE JURISDICTIONS
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
Australia Proprietary

30%

YesYesYesYes but small company exemptionsYes if audit required
Australia Public

30%

YesYesYesYesYes
Cook Islands ICNilNoNoNoNoNo
Marshall Islands IBCNilNoNoNoNoNo
New Zealand Ltd0% – 30%YesYesYesNoYes
Samoa ICNilNoNoNoNoNo
Vanuatu ExemptNilNoNoNoNoNo
Vanuatu ICNilNoNoNoNoNo
USA & CANADA JURISDICTIONS
Jurisdiction/Type of CompanyTaxationLocal directors  requiredPublicly accessible record of directorsPublicly accessible record of membersAudit requirementsRequirement to file accounts
Canada – Federal CorporationCorporate Income Tax 11%-16,5%. Provincial or territorial
corporate tax rate varies from province to province.
YesYesYesNoYes
Canada – Ontario CorporationCorporate Income Tax 11%-16,5%. Ontario Corporate Income
Tax 11%.
YesYesYesNoYes
Canada – New Brunswick CorporationCorporate Income Tax 11%-16,5%. New Brunswick Corporate
Income Tax 5%-10%.
NoYesYesNoYes
Delaware LLC*Fiscally transparentNoOn formationNoNoNo

 

* Delaware LLC structured for partnership tax treatment are not subject to US Federal Income Tax and not required to file a US Income Tax Return if they meet all below criteria’s: 1) Members of LLC’s are non-resident of the US, 2) LLC’s conduct no business in the US, 3) LLC’s have no US-source income

 


Do you have a question? Speak to our experts now!
We’ll revert to you within 1 working day.

SUBMIT AN ENQUIRY

Tips on how to effectively choose a suitable offshore jurisdiction

Before choosing an offshore jurisdiction, there are four main factors to take into consideration to ensure the location chosen serves your company’s best interests. These factors are:

Incorporation expenses

A good offshore jurisdiction should charge affordable fees for the actual registration and the maintenance costs incurred in running an offshore company. The aim of any business is to optimize its profits by reducing operation costs. Therefore, before setting up an offshore company it is crucial to ascertain the operating costs as compared to onshore registration.

The Popularity and reputation of an offshore jurisdiction

When choosing an offshore country, it is necessary to examine which other corporations favor the location. An offshore jurisdiction that is preferred by many other credible and renowned companies is most likely suitable and fits a profitable and legal business criterion. Apart from the popular jurisdictions, there are relatively newer countries such as Anguilla that are feasible offshore destinations. Analyze the reputation of an offshore jurisdiction by examining how other corporations rank a particular jurisdiction.

The average processing duration

Before settling on a particular offshore jurisdiction, it is imperative to find out how much time the registration process takes. It is advisable to settle on an offshore jurisdiction that promptly registers foreign companies. Quick processing time speaks to the effectiveness of the relevant business authority.

Availability of offshore banking facilities

Before settling on a viable offshore destination, it is crucial to familiarize yourself with a country’s banking system. It is recommended that a company chooses an offshore jurisdiction that has a well-developed and highly functioning banking system that offers much-needed facilities such as; online banking, brokerage facilities, offshore credit cards, offshore debit cards and merchant accounts.


Worldwide Incorporation Services | Offshore Jurisdiction | Offshore Jurisdictions Comparison

 

Free Initial Consultation
Call to any of our offices for your free initial consultation.


Why Our Company is the Best Choice for Offshore Company Formation?
Click here to find out some reasons for that.


Questions? Need advice?

Submit an enquiry or request a confidential callback or chat with us.

Select currency
USD