OFFSHORE COMPANY – ALL YOU NEED TO KNOW

An offshore company is a company that is not located onshore. Offshore companies can help avoid some taxes and regulations that may apply to a domestic company. Additionally, offshore companies are often nimbler and have better financial resources than their onshore counterparts. This company is a type of business that is registered in a foreign jurisdiction. Many reasons businesses may want to form an offshore company include reducing their tax liability or obscuring their ownership.