Choosing the Jurisdiction
The infrastructure of an offshore jurisdiction is important for several reasons. First of all, it is good for you when you are able to communicate with the country easily, certainly through modern and reliable telecommunication lines. The country must have a modern and reliable banking and financial system.
The factor which is very important but often overlooked – work ethics and traditions. Some regions are more relaxed in their attitude to work, this may become a crucial factor when you need something to be done quickly and accurately. Some countries have historically developed a work culture of diligence, prudency and confidentiality, others are less so.
Time zone should also be taken into account: dealing with the jurisdiction on the other side of the globe may constantly make you lose a day while communicating via e-mail or fax, and is certainly more convenient to make calls during your usual business hours.