What Offshore Country Is The Best to Form an Offshore Company In?
There are many countries all over the world that are considered tax havens or offshore jurisdictions that form offshore companies. When choosing a country to form an offshore country in several factors are important. First, the offshore countries under consideration must have strictly enforced privacy laws. Next, English must be the main language, the country must have a long history of political stability and must be completely independent from one’s home country. Price is also an important factor. Given these criteria there are several countries that HFS recommends: Belize, The British Virgin Islands (BVI), Hong Kong, Nevis, Panama and the Seychelles. Each of these jurisdictions forms private offshore companies that are authorized to do business worldwide (except in the country of incorporation). An offshore company in any of these locations is an excellent tool for helping clients regain privacy and protect personal and business assets.