LiveOffshore

Offshore Companies

Offshore companies are businesses that are incorporated outside of the country of residence.

Purposes of offshore incorporation include:

1. Privacy
2. Asset protection
3. Tax savings, tax mitigation, and tax deferal
4. Protection from lawsuits
5. More flexible business law
6. Enhanced privacy and confidentiality

Offshore companies may be used to own and operate businesses, issue shares, bonds, and use other means to raise capital.

Many offshore jurisdictions will not disclose the owner's names to a third party or foreign government with the exception of criminal activity.

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