When choosing a jurisdiction for a company in Europe, you should understand that the European Union (EU) does not equal Europe. There are some countries and exclusive jurisdictions that are geographically positioned in Europe but are not a part of the EU, either fully or partially, for example, Norway, Switzerland, Guernsey, the Isle of Man, Gibraltar and Liechtenstein. Some of these territories offer a low-tax regime, which may be useful for tax planning purposes. Many companies established or purchased in these jurisdictions are private or public limited companies. A substantial number of the companies that we have incorporated are private limited companies (LLC).