With a significant uplift in special purpose acquisition
companies in the US over the past couple of years, and with
opportunities for increased SPAC activity in Europe, the advantages
of offshore SPAC structures are more relevant than ever.
We have prepared a comparison of the suitability of various
offshore jurisdictions as a domicile for SPAC entities. Download
our full briefing to view the comparison table for
Delaware, Bermuda, British Virgin Islands, Cayman Islands, Guernsey
and Jersey.
Although Delaware has typically been the jurisdiction of
choice for US SPACs, each of the five offshore jurisdictions
covered provide a viable alternative for both US and European
SPACs. They are mature offshore financial centres, with stable
political systems and well-developed common law. Their flexible
company law legislation, light touch regulation and
competitive operating costs mark them out as genuine
contenders.