Hong Kong has toppled the United Kingdom as the top international financial center (IFC) for global corporate services, while the trend toward moving business to onshore and mid-shore jurisdictions continues to increase, according to research by Vistra, a global trust and corporate services provider.
Hong Kong is now the most popular jurisdiction, while the British Virgin Islands (BVI) and the United Kingdom are ranked second, followed by the United States and Singapore.
Top 10 jurisdiction by importance:
Ranking 2018
Ranking 2017
Jurisdiction
1
2
Hong Kong
2
1
