#1. UAE (the RAK emirate), very confidential status, one of the most reputable jurisdictions, not member of OECD/EU but worldwide acknowledged and accepted as a trustful region, the law is Sharia, no income tax, no corporate tax, no mandatory accountancy (but you have to keep the books), no audit
#2. Cayman Islands - very well known and accepted, one of the most reputable jurisdictions, yet under US intense scrutiny, so it lost the qualification for one of the most confidential regions, if you are US ppl.
#3. Marshall Islands - known and accepted with reputable jurisdiction, the law is British commonwealth, the currency is $USD,︀ confidential status, no income tax, no corporate tax, no book-keeping, no audit. Yet, if you︁ are US ppl, use a proxy Attorney company to set-up a company, and use that︂ initial company (SPV) to create a secondary company to use in your commerce activities.
The other jurisdictions are either not reputable or red-flagged by the US and its allies like︃ BVI/Belize/Nevis.
Always use a very reputable Attorney company (or similar) to create the buffer company︄ (the initial SPV), then use the buffer company to create the secondary company SPV to︅ use it in commerce operations. Always leave clear the buffer company from any/all commercial/economic engagements.︆ The trades conduct them via the secondary company/SPV.
Examples of reputable entities to help you︇ create the buffer/initial SPV (these entities have among the best/strongest Agreements that protect the confidentiality︈ of their clients):
- DLA Piper -
Business Start-up Pack - UK | Insights |︉ DLA Piper Global Law Firm,
Corporate | Services | DLA Piper Global Law Firm︊
- Vistra -
https://www.vistra.com/governance-risk-compliance/establishment)
- TMF Group -
https://www.tmf-group.com/en/services/companies/corporate-secretarial/company-formation/ (recommended solution)
