Global Coverage
JURISDICTIONS
The below comparison table will provide you with basic information about each jurisdiction where we offer incorporation services, and will let you apply different filters. For more information about each jurisdiction, please click on the “Details” button or simply contact us.








CHF 20,000-S.A.R.L.
CHF 20,000-S.A.R.L.





























2 No taxes are levied on incomes earned outside Hong Kong.
3 U.A.E law (United Arab Emirates)
4 Section 65 of the IBC Act, 1994 (Amended) requires the company to keep such documents (receipts, invoices etc.) as to enable it for accounts to be prepared; there is NO accounting requirement per se.
5 Under US Legal System.
6 There is 2 ways for a company in Canada to not be taxable in Canada:
- A non-resident company is not taxable in Canada (in such case we may refer to the government website speaking about it, more exactly the section named "Common Law").
- If a company in Canada has a trust, an agency or a services agreement with a person or a company, and such agreement states the company in Canada is only acting on the behalf of the said person or the said company. In clear, if the company is only acting as mandatory. In such case, we need to refer to the civil code. If it's the case, as for the non-resident company, at the end of the year, we do a tax declaration stating the company is only a mandatory company and no accounts need to be filled.
8 Foreign sourced income is taxed at 30% and domestic sourced income is exempt. An exemption exists for foreign-sourced income provided the IBC qualifies by meeting the economic substance requirements.
9 Regulation 101 – 107 of the RAK ICC Business Companies Regulations 2018 and Federal requirements requires the company to maintain its underlying documentation, including accounting records, for a minimum of 5 years.
11 Your presence is required or must provide a POA to represent you and sign at the authority office.
12 The Federal Decree-Law No. (47) of 2022 introduced the UAE corporate income tax regime at a rate of 9% and is effective for financial years starting on or after 1 June 2023.
13 Yes, for mainland registered companies (under the Ministry of Commerce and Industry) and in Qatar Financial Center.
No, for companies registered in Qatar Free Zones and Qatar Science and Technology Park (QSTP)
14 However, the companies need to appoint an external auditor for the purpose of conducting annual audits
15 CIT in Mainland: standard rate for foreigners: 10% - except certain activities or sectors: e.g. oil&gas up to 35%. Also, Qatari nationals are exempted from CIT.
CIT in Free Zone: 20 years Tax Holidays (tax exemption).
CIT in Qatar Financial Centre (QFC): 10%.
16 Mainland: Sharia & Civil Law; QFC: English Common Law; QFZ: Companies Regulations issued by QFZ and certain regulations imposed by the State of Qatar (mainland government)
171-4 weeks in Mainland; 2-3 months In Free Zones and QFC
18 Mailand and QFZ: Min. 1 shareholder and 1 Manager; QFC: Min. 1 shareholder and:1 Director, 1 Senior Executive Function Holder (GM), 1 Secretary (at least 2 people)
19 LLCs incorporated in Belize are required to maintain the accounting records for the last 5 Financial Years at the Registered Office’s address.
20 A RAKICC entity is subject to UAE Corporate Tax, similar to all other companies established, formed, or recognized under UAE legislation. However, it is entitled to claim a foreign tax credit on the Corporate Tax owed, in accordance with Article 47 of the UAE Corporate Tax Law.
Where is the best place to register your company?
We often get the question, “where should I register my company?” or what is the “best offshore
jurisdiction?”.
Our answer is simple: every client, every situation is unique, there is therefore no straight answer
to that question.
A lot of factors have to be taken in consideration, namely :
All these factors have an influence on which jurisdiction you should opt for. If you need guidance,
the SFM team will gladly help you reviewing the options and deciding which jurisdiction would fit
you best.
For clients who would like a rapid incorporation process, a bank account, keep the fees to the
minimum and no accounting requirement, offshore jurisdictions such as Seychelles, Belize, or the BVI
are often a favorite pick.
You may also find that some of your clients do not wish to pay you on an offshore company account,
and would require you to select a more established jurisdiction. In that case you could look at
jurisdictions such as Hong Kong or Cyprus, which are considered to be Onshore Jurisdictions
(even if tax rate is low or nil, there is a need to submit accounts on a yearly basis to the
jurisdiction’s tax authorities).
In other instances, some of our clients may need to provide services in the Middle East, in such
case a RAK (Ras Al Khaimah) offshore company may be best
suited, as it is internationally well recognized.
In summary, every client has a different situation, and every jurisdiction that we offer (45+
jurisdictions) could fit in one or the other of these situations
Also, an important factor in choosing a jurisdiction is to be sure that your company will be
incorporated in a country that has a:
- 1. reliable means of communication;
- 2. political and economical stability;
- 3. good reputation;
- 4. sophisticated corporate laws;
Disclaimer : SFM does not provide tax or legal advice of any sort and may only recommend a jurisdiction on a general basis, without giving any advice about your personal tax/legal framework.
Please contact us for further information.
TESTIMONIALS
2024

2024

2024

2024

CHOOSING THE RIGHT JURISDICTION?

Our experts are here to guide you every step of the way. Schedule a call today to find the perfect jurisdiction for your needs.
ASKED QUESTIONS
-
Why should I use SFM to setup my offshore company?
SFM has more than 15+ years of experience in company formation and our seasoned experts have a network of offshore service providers that remains unparalleled. This Enables us to offer you competitive prices on over 45+ jurisdictions globally. Our company goes above and beyond to provide you the best service with dedicated account managers and expert advice. Each client receives a tailor-made service, aligned with the latest jurisdiction laws. In addition, we also provide addition services such as bank account opening and accounting services.
SFM is a member of many internationally recognized organizations such as The International Fiscal Association (IFA) and The International Tax Planning Association (ITPA). Find a full list of our associations here making us one of the most recognized company formation providers globally.
To speak to one of our experts contact us or to find out more about SFM please read the “About us” section. -
How long will it take for me to receive my corporate documents?
Every jurisdiction has its own incorporation timeframe. Please refer to our jurisdiction comparison table. Once the company has been incorporated, it will generally take about two to six days for the corporate documents to become available.
Still have questions?
TALK TO AN EXPERT