2013: Increased number of offshore company formations
Despite current pressure on the sector, the formation of offshore companies has increased Worldwide.
Cayman Islands Offshore Company Formations:
- Up 5% in 2013 and a further 125 in the first half of 2014.
- The total of active Cayman Island Companies as of the end of 2013 95,530 the 2008 total for the first time
Seychelles Offhsore Company Formations:
- Up 29% increase in 2nd half of 2013
Bermuda Offhsore Company Formations:
- Up 16 %
BVI Offshore Company Formations:
- British Virgin Islands added 24,185 new offshore companies in the final six months of 2013
Hong Kong Offshore Company Formations:
- Up 28% in 2013 to 2.5 million new companies, an increase of 28 percent over 2012