A great number of multinational corporations have been using the multitude of advantages offered by offshore companies for many years now. But it is wrong to believe that offshore companies are profitable only with big corporations. We are witness of the proven fact that offshore, with the whole chain of advantages, is more than suitable for small businesses, which nowadays represent the fastest growing segment of the world's offshore.

The process of formation of an offshore company starts with your decision to form a company that will improve and facilitate your business operations and help you achieve your goals. After the conclusion has been made that it is this kind of company that you need, the action plan is to be made, and it starts with the very choice of location.

The choice of location is an interesting, but also very important question, so all the options have to be considered very carefully. Generally speaking, offshore companies have characteristic advantages with certain modifications from one country to another. Therefore, the advantages offered by a particular country may be more suitable for your business plans than the ones offered by another country. Identifying your priorities and looking for the corresponding advantages will help you choose the location.

The choice of the region where to incorporate an offshore company requires meticulous consideration and selection on the basis of the following important parameters:

• Attention needs to be paid to political and economical stability of the given jurisdiction and how safe it is for long-term business planning.
• it is important to find out whether there exists a ban on double taxing among different countries.
• It should be checked whether there is control and exchange of information, as well as possible restrictions of money transfer.
• One of the crucial factors in the choice of jurisdiction is the tax policy offered by individual offshore jurisdictions (it can be the fixed annual tax or a minimum percentage tax on the company's profit, in which case the company needs to submit the financial balance) which is related to the chosen type of company, therefore it is crucial to analyze all types of companies offered by the given jurisdiction.
• with all this said, it is certainly important to check the range of activities for which the company can be registered and whether special licenses need to be obtained for the activities it is going to perform.
• Analyze the tax status of the future owners and accordingly the possibility of an anonymous status of the company's owner and management in the selected jurisdiction.
• sometimes it is particularly important to know whether the name of the company can be used in the chosen jurisdiction, or is there an already existing company under the same name.
• Apart from the primary reasons, it is wise to explore the secondary options offered by a particular region. If you are indecisive, those secondary factors may help you make up your mind, although they might no be as important at the moment (as for example, whether it is possible to register a yacht). Besides the above quoted factors, for the majority of businessmen it is crucial to obtain urgent registration. If an urgent delivery of documentation is of crucial importance to you, then you should first select the countries that offer a choice of ready-made companies (already registered companies) or an instant process of incorporation and delivery (note; such options can be costlier than standard packages)
• The closing phase of selection is the choice of acceptable registration expenses of the start-up package, as well as annual maintenance expenses of the company.

Excellent Consultants Limited will help you by face-to-face counseling and explanation, as well as provide you with written informative materials based on your request, if you do not find the description of the required jurisdiction on our web page. Moreover, Excellent Consultants Limited believes that you alone are an adequate person, knowing your business needs and goals, and therefore the choice of the region, as well as other important elements of the process, is exclusively your decision that we respect and for which we congratulate you!