Jurisdictions of Company Incorporation
In addition to Cyprus, our corporate services cover a number of jurisdictions including offshore ones, such as, Belize, the Seychelles and Cayman islands, Luxemburg, United Kingdom, Hong Kong, New Zealand or the United Arab Emirates.
Many offshore jurisdictions offered by us have low or zero taxation and have high secrecy and low compliance advantages. They are tax haven jurisdictions which facilitate reduced or no taxes offering:
- Nil or only nominal taxes on non-residents
- The company has no substantial activities inside the jurisdiction.
- Protection of personal financial information from foreign tax authorities
However these types of jurisdictions have no double tax treaties with the big markets such as the EU, USA, China and India, which makes it hard to use such a company to carry out business with the rest of the world.
On the other hand, companies that operate in jurisdictions that are listed by the Organisation of Economic Co Operation and Development (OECD) as “White List” can be used to carry out any transparent business. However such companies shall be subject to strict compliance requirements and high taxation.
According to your needs, tax haven companies in conjunction with companies based in white list jurisdictions may be used in an international corporate structure so as to achieve a tax efficient business.
Click on the Comparison of Corporate Juristictions link below to view the indicative table of the main differences between some jurisdictions which may be used to set up an international corporation.