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What is an Offshore company?

 
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Category : > New Business Setup
Posted On : Sun May 15th,2016

 
Process to incorporate an Offshore Coampany
 
  • Offshore company incorporates for the purpose of financial, legal and tax benefits.
  • Creating an offshore company is not illegal, but has social and legal obligations on the residence of its directors, shareholders and beneficial owners disclose the money source of the investments doing under offshore company.
  • It incorporates outside the country and its main offices and operations.
  • Offshore companies usually create to relocate your existing business overseas to gain the financial privacy and protect assets from lawsuits and creditors.
  • It is a complex process to incorporate and must be consulted with the attorney has a reasonable experience in incorporating offshore entities, and an ordinary person can also be benefited to offshore companies to protect future retirement.

 

  


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