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