Choosing a holding jurisdiction: what actually matters

Founders often pick a holding company location based on a single headline tax rate. In practice, the right jurisdiction depends on where your investors sit, where your IP lives, and which double-tax treaties you can rely on.

Start with the cap table, not the tax rate

If you intend to raise from EU or US funds, your structure has to be familiar to them. A clean, well-understood holding company in a reputable jurisdiction will save far more in legal friction at the next round than a marginal tax saving today.

Substance is no longer optional

Most modern regimes require genuine economic substance — real decision-making, local directors, and operations — before treaty benefits apply. Paper structures are increasingly challenged. Build something you can defend.

We help match your cap table, IP and operating model to a jurisdiction you can actually stand behind. That is the analysis worth doing before you incorporate.