Project Finance - Mauritius, Cayman Island, etc?

I've seen many SPVs of international project finance projects are formed under the law of Mauritius, Cayman Island, etc. Does anyone know why?

Thanks

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oreos

HF

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Tax

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"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper

chungus_1999

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OreosTax

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See my other WSO blog posts

JimmyDormandy

VC

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many funds do this as well

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"Jesus, he's like a gremlin; comes with instructions and shit"

ladubs111

AM

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Officiis eum velit enim esse eos. Veritatis doloribus veniam sed beatae non. Autem nam perferendis veniam cumque.

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Project Finance - Mauritius, Cayman Island, etc?

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