Offshore company
Overview
- A company which is incorporatedIncorporation (business)Incorporation is the forming of a new corporation . The corporation may be a business, a non-profit organisation, sports club, or a government of a new city or town...
outside the jurisdiction of its primary operations regardless of whether that jurisdiction is an offshore financial centreOffshore financial centreAn offshore financial centre , though not precisely defined, is usually a small, low-tax jurisdiction specializing in providing corporate and commercial services to non-resident offshore companies, and for the investment of offshore funds....
(sometimes known as a non-resident company) i.e. a Canadian company may be 'offshore' for the purposes of a USA citizen ; or, - Any company (resident or otherwise) incorporated in an offshore financial centreOffshore financial centreAn offshore financial centre , though not precisely defined, is usually a small, low-tax jurisdiction specializing in providing corporate and commercial services to non-resident offshore companies, and for the investment of offshore funds....
, i.e.
