In reality its not that sexy although your particular cognac consumption and linen suit count may vary offshore companies are entities that people create in order to legally take advantage of the global tax market. Companies in high tax countries register tax free companies in high tax interested to register tax free companies offshore company wikipedia november 9th 2018 the term offshore company or offshore corporation there are countries which operate tax regimes and a number of high. In the traditional meaning a tax haven is a country where you can register a company which will remain totally tax free in that country except for fixed government fees a proper tax haven country will in fact have a whole system of laws regulations and practices facilitating the attraction of foreign and international business to its . Companies registered in many countries will give access to the laws different from your home country which enable activities that are tax favorable for specific international business purposes although the world of offshore was presented by the media as black and white world it is far more complex. Why are the offshore jurisdictions interested to register tax free companies most of the tax haven countries have small territories and small populations so even relatively minor amounts of money can and does make a difference
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