Offshore company is a structure whose legal headquarters are located in offshore jurisdictions or tax havens.
Offshore companies offer great fiscal benefits as long as the company’s work is not carried out in the country where the offshore company is registered.
An offshore company is thus a company incorporated for the purpose of operating outside the country of its registration and / or the place of residence of its managers, shareholders and beneficiaries. Again, this is usually in order to take advantage of various financial, legal or tax benefits.
Offshore or offshoring is a term that literally means “at sea, away from the coast”, but is commonly used in various fields to indicate the relocation of a resource or production process.