If you go offshore, I recommend Bermuda or the Caymans. If, however, you're in the U.S. use Delaware and avoid offshoring. The legal and administrative compli

If you go offshore, I recommend Bermuda or the Caymans. If, however, you're in the U.S. use Delaware and avoid offshoring. The legal and administrative complications and expenses associated with an offshore registration are considerable. In my opinion, if you are a U.S. business then offshore registrations only make sense if you have a large amount of profit/capital for which you wish to minimize Federal income taxes. You can let your capital accrue offshore -- sans 35% FIT -- and then repatriate the profits every 5-8 years when the U.S. government provides an amnesty (usually unlimited, with a 15% FIT).