Learn about offshore companies using the comprehensive advice and guidance provided in our help sections below:
An offshore company is incorporated in a country that is not the business owner’s country of domicile. Any country that is not your country of residence can be considered as an offshore jurisdiction. Most offshore countries are known to be favorable locations to form a company due to their stable and secure economy and advantageous tax regimes.
Offshore companies are simply companies that are incorporated in an international location outside the business owner’s residency, furthermore the location must not be where the primary business takes place. Certain requirements may have to be met in order to form an offshore company and these requirements will typically vary from country to country. The principle set up of offshore companies is to provide business services and engage in business activity with non resident individuals and companies.