In order to establish an efficient, fully operational company, there are a number of strategic decisions you will need to make. We strongly recommend that you read our step-by-step tutorial on forming a company, or that you contact our lawyers. A wrong decision at this point may prove to be a critical error in the long term, and so you should be extremely diligent in evaluating your capabilities and defining your personal goals.

Defining the purpose of the company
The first thing you need to decide is what your company’s purpose and scope of activity is going to be. Are you intending to use it for international or online trading operations, or simply for holding your personal assets? Or are you going to use your offshore company as a holding enterprise for another company? Now is the time to decide these questions, as they will affect the jurisdictions we suggest; each offers certain benefits for each type of company, and so to ensure the most efficient result it is essential to know exactly how the company is to be used. You can read more about company types by business structure here.

Choosing the right jurisdiction and legal structure
Once you have defined your strategy and decided how the company will be used, there are two other vital decisions to make that will affect all subsequent action: the jurisdiction in which you incorporate your company, and the legal structure you choose for it. These two factors will determine a great many things, including the company formation procedure, the documents required and the taxes your company will pay. You can learn more about the top offshore jurisdictions and company types on our website.