British Virgin Islands is one of the leaders, having the greatest number of offshore companies registered and being widely regarded as role-model for other offshore jurisdictions. It has recently modernized its already excellent Business Companies Act, and continues to be on the forefront of the global offshore services industry. That being said, there are several dozens of countries worldwide offering different sorts of financial and tax benefits. So, You actual choice may also depend on such variables as geographical location, price, type of business You are in, speed of service, language and, of course, services offered.