An offshore company is mainly used as an investment vehicle and is popular among individuals and corporates looking to own special purpose vehicles of their investment purposes. This term offshore company simply denotes a business of the firm that is possessed and controlled from a foreign country. An offshore company works as a corporate entity that is allowed to trade, hold assets and conduct normal business activities legally outside of the jurisdiction where it is incorporated. This enables comfortable handling of business, provides ability to work in the international markets without thinking about taxes, fees, and at the same time, it is automatically taking advantage of the tax systems of other countries.
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