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Compare jurisdictions side by side

See 2 or 3 jurisdictions side by side: all-in cost for year 1 and year 2, headline tax, audit, registers and time to form. Hong Kong is a good fit for trade with China & Asia, territorial tax. Singapore is a good fit for Asia HQ, investors, treaties with around 100 jurisdictions. British Virgin Islands is a good fit for holding, JV, investment vehicle.

Cayman Islands compared with Nevis: cost, tax, reporting and setup
Comparing2 jurisdictions
Cayman Islands flag
Nevis flag
Offshore · Exempted CompanyUS$3,618Year 1 all-inStart in Cayman
Offshore · LLC / Business CorporationUS$1,800Year 1 all-inStart in Nevis
Cost
Year 1 all-inUS$3,618US$1,800✓ Lowest
From year 2US$4,487US$2,069
3-year cost (Starter)US$12,592US$5,938
Tax & reporting
Headline tax0% local✓ BestNon-resident: Nevis-source income only*
Annual auditFunds onlyNo✓ Best
Public registerMembers and beneficial owners not public; list of directors open to inspectionNot public
Setup
TypeOffshoreOffshore
EntityExempted CompanyLLC / Business Corporation
Minimum directors11
Legal systemCommonCommon
Time to form3–5 days2–4 days
Best forFunds, listing vehicles, institutional holdingLLC with charging-order protection
A green tick marks the stronger value in a row. Prices include government fees and, for Singapore, the resident director a non-resident needs. Yearly costs the law requires but that we quote separately are named under the figure; rows with such costs show no tick. Headline tax rates are a summary; your specialist confirms how they apply to you before you pay.

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AI answers from OCC’s published jurisdiction facts · no sign-up

Which one for your situation

  • You need a business bank account soon

    Hong Kong or Singapore. Banks usually find onshore companies easier to assess, but each bank decides.

  • You want a lower running cost

    British Virgin Islands, from US$1,795 a year based on published year-2 prices.

  • You only hold shares or other assets

    British Virgin Islands. Your home country may still tax the income, so check that first (confirm with your specialist).

  • You need it fast

    Hong Kong, typically 1–2 business days after KYC approval.

Need all three? Some owners hold one company under another. We quote the whole structure as one package. Get a structure quote

General guidance based on headline rules, not tax or legal advice. Your specialist confirms how tax residency, substance and banking apply to you before you pay.