What is Offshore Company formation?

An offshore company formation is a registration of a company in another country outside the location where its key investors reside. It also indicates reporting the task outside your country where it has the main operation and offices. For example, the owners and headquarters are located in country A, and the company is registered in country B. An offshore fund is a fund that is operated overseas. In other words, goods are manufactured abroad and sold in the home market.

Benefits of an offshore company:

  • You don't pay income tax in your home country
  • International laws and regulations are usually less strict than those of the country in which you reside.
  • Details about the organisation, operations and action of the company are not accessible to the general public

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