Comparison of Offshore Companies

Posted 01/02/2012 • Under Legal Memoranda

This memorandum has been prepared for the assistance of those who are considering the formation of a company in an offshore jurisdiction for the conduct of business outside such jurisdiction, such as an exempted company established in Bermuda under the Companies Act, 1981 of Bermuda (the “Bermuda Act”), or an exempted company in The Cayman Islands (“Cayman”) established under the Companies Law of the Cayman Islands (the “Cayman Law”), or a business company (“BC”) in The British Virgin Islands (“BVI”) established under the BVI Business Companies Act (the “BVI Act”).