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Month: October 2019

Articles created in the month of October 2019

Reasons to Incorporate a Company Offshore

Posted on October 18, 2019 by Ron Reginal
When it comes to the term 'offshore' used in combination with company incorporation, the term 'offshore' generally refers to any jurisdiction aside from one in which the company incorporated may conduct the majority of its activities.Generally such a jurisdiction has some degree of taxation or reporting benefit attached which makes it attractive to the company owner, and the idea of incorporating a company offshore will bring a minumum of one of the following five benefits to some business owner: -Ease of FunctionsDepending on the jurisdiction and the type of company activity to be conducted under the firm name to be incorporated, the working restrictions, auditing and accounting specifications and standards to which the business and it is employees and directors must conform are often far less restrictive offshore compared to onshore...