Overview

offshore company


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1. A company not registered in the same country as that in which the persons investing in the company are resident. 2. A company set up in a foreign country or tax haven by a financial institution with the object of benefiting from tax laws or exchange control regulations in that country.

1. A company not registered in the same country as that in which the persons investing in the company are resident. 2. A company set up in a foreign country or tax haven by a financial institution with the object of benefiting from tax laws or exchange control regulations in that country.

Subjects: Financial Institutions and Services — Accounting.


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