Am looking into setting up an offshore company to save tax on investment capital. I'm based in Asia, but do not want to use Labuan as it has a double taxation treaty. Can anyone recommend the best option?
I reckon that the best option for you is to consider setting up an offshore company in Anguilla, Cyprus or British Virgin Islands. These jurisdications are tax-free and are less costly to maintain as compared with Bermuda or Cayman Islands.
The Caribbean is a feasible option. It's widely known to be a tax haven as well.
It all depends on what you need, really and the amount of money you're willing to put in. There are plenty of tax-free locations. Just make sure you actually save by locating your business there.