What does Offshore Company mean? An offshore company is a business entity that is incorporated outside of its country of operation, typically in a jurisdiction with favorable tax laws or regulations, in order to take advantage of lower tax rates or regulatory...
What is a tax haven? In everyday language a tax haven is a state or territory which provides a remarkably wide range of tax benefits for the offshore companies registered therein (the original English term – tax haven – means tax refuge). That is, an...