Important criteria for choosing a jurisdiction

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.
  • Legislation requirements and stability.
  • Modern and flexible legislative framework.
  • Common Law
  • Taxation
  • Simple & fast 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.
  • Professional advisors.
  • A good banking system.
  • Legal and accounting infrastructure.
  • Disclosure and privacy
  • Reputation (some "tax havens" are viewed with suspicion).
  • Telecommunications
  • Travelling
  • Safety
  • Languages