Choice of jurisdiction

Choice of jurisdiction to register a company in it is crucial point requiring careful task and characteristic analysis.

Factors which influence at final choice:

  • Tax regime in jurisdiction (rates and terms of taxation);
  • Double taxation agreement;
  • So called “black list” (fiscal, monetary and other restraints are imposed on transactions with countries in this list);
  • Advantages of jurisdiction (Double taxation avoidance agreement, financial statement, regulatory authorities);
  • Privacy Policy (accessibility of information from companies register and also present ability of stock issues to the bearer);
  • Complexity of registration of a company (obligate number of shareholders or directors, requirement for local director or registered office).
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